How one rent-a-botnet army of cameras, DVRs caused Internet chaos

Posted by on Oct 26, 2016 in Internet, Security News, Technology

Welcome to the Internet of Evil Things. The attack that disrupted much of the Internet on October 21 is still being teased apart by investigators, but evidence thus far points to multiple “botnets” of Internet-connected gadgets being responsible for blocking access to the Domain Name Service (DNS) infrastructure at DNS provider Dyn. Most of these botnets—coordinated armies of compromised devices that sent malicious network traffic to their targets—were controlled by Mirai, a self-spreading malware for Internet of Things (IoT) devices.

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Hackers Spoil Their $1 Billion Bank Heist With a Typo

Posted by on Aug 26, 2016 in Security News, Smart Phones

Where is autocorrect when you need it? A spelling mistake was the only thing standing between a group of hackers and the $1 billion dollars they tried to steal from Bangladesh Bank. After the hackers misspelled “foundation” as “fandation” in a wire transfer request, it prompted bank authorities to investigate the veracity of the transfer order. The hackers initiated a series of money transfer requests after stealing credentials the bank uses to authorize electronic transfers.

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