Frank Abagnale, a reformed fraudster and now an FBI consultant, stated at the Experian’s Insight Conference on Tuesday that cyber criminals are taking notice of South Africa’s increasing online presence. He revealed that the damages of cyber crime on the economy every year reaches up to hundreds of billions of dollars globally. According to Abagnale, the root of security breaches is human error. In addition, Michelle Beetar, an Experian MD, stated that according to a report by the company, as much as R1 billion has been lost from cases of identity theft in South Africa alone. Read the entire story on Moneyweb.
In Michigan, an unidentified author posted a message online about ISIS holding its training in therein and other U.S. states created panic over the citizens. Department of Homeland Security, FBI in Detroit and the State Police acknowledged the situation and said that they are aware of it and now closely investigating who is behind the post.
The Detroit authorities closely observe the threat posted on justpate.it signed by a certain Abu Ibrahim Al Ameriki. Former Detroit FBI chief Andy Arena told the press that this act is another attempt to scare the Americans.
There is a significant number of Middle Eastern migrants residing in Detroit.
Source: M Live
Due to recent security breaches, including those of the White House, Sony and Target, everyone is looking for ways on how to improve security. If large businesses could be targets, then what more less secure smaller businesses could be? If you own a small business, then you must also develop your security plan and find the right tools to suit your needs and your budget. One to use is FCC Small Biz Cyber Planning, an online resource helping small businesses in creating customized cyber security plans and allowing them to choosing menu of expert advice in addressing their specific business and concerns. For a complete list of tools to use, check out this news story.
Source: Practical Ecommerce
Recognizing how important it is to inform kids about staying safe online, the FBI has issued friendly reminders addressed to kids who are using the internet. Among these tips is to protect personal information such as usernames and passwords. Just like how parents say it, ‘don’t talk to strangers’, either through the internet or in school, or at the park. And speaking of parents, the Bureau encourages children to talk to their parents about any uncomfortable situation on the internet, like if someone asks them to do something. The reminders are also for the parents who should be watching their children closely and keeping them safe from any vulnerability. Source: fbi.gov
News regarding 500 million business data being hacked for the past 12 month surged federal officials to warn companies about the new hacking incident. An official of FBI confirmed the possibility of hackers’ ability to get into the financial documents without getting near the bank. Officials pushed companies to be prepared and strengthen their online and offline security at all times. The crimes are getting bolder and criminals are targeting huge financial companies in the US. Among the recent victims of the hacking event came are JPMorgan Chase, Target and Home Depot. Almost all cases include website breaches, cyberespionage and online shopping.
Source: USA Today
Online hacking, identity theft and personal information breach are just among the long list of cyber attacks that police has been monitoring for quiet a long time. As the matter of fact, it has stirred the attention of the FBI. In the middle of this digital war, Meridian Tech instructors offer the fundamentals of maintenance and repair of computer hardware, software installation, configuration and troubleshooting. Aside from these, it also offers trainings on security principles. They also focus on the assessing how vulnerable a company is to cyber attack. In relation to this, they train their students risk management, secure systems administration and security architectures.
Source: STW News Press
No one knows cyber surveillance better than the Feds. Mary Galligan, an ex-FBI agent teaches online users how to be safe from cyber-crimes nowadays. Changing password one a month is the first step to guard your emails and other online accounts from online criminals. Next is to provide incorrect information once checking out from stores, hotels, etc. When required for an ID, do not use your driver’s license and any other IDs with your birthday and address on it. Refrain from using banking applications. Computer malwares can penetrate your bank accounts from shops – including your phone. Lastly, use an alternative email ad for jumble mails.
Source: Money CNN
This coming October 16th, a Cyber Security Reality Check Summit is scheduled free for businesses. According to sources, the summit will tackle how you could response to cyber breaches and online detection and protection. The summit features speaker Attorney General Jon Bruning, together with some panel discussions. The summit also intends to show your sensitive data can easily be compromised. The venue for the said summit is the Better Business Bureau Foundation. Partnering with them are Automatic Data Processing, Baird Holm Law Firm, Bellevue University, Greater Omaha Business Ethics Alliance, the FBI, and many more. The event is believed to be beneficial to businesses.
WASHINGTON (AP) — The warnings about the Internet problem have been splashed across Facebook and Google. Internet service providers have sent notices, and the FBI set up a special website.
The problem began when international hackers ran an online advertising scam to take control of more than 570,000 infected computers around the world.
When the FBI went in to take down the hackers late last year, agents realized that if they turned off the malicious servers being used to control the computers, all the victims would lose their Internet service.
Users whose computers are still infected Monday will lose their ability to go online, and they will have to call their service providers for help deleting the malware and reconnecting to the Internet.
Despite repeated alerts, the number of computers that probably are infected is more than 277,000 worldwide, down from about 360,000 in April. Of those still infected, the FBI believes that about 64,000 are in the United States.
To check whether a computer is infected, users can visit a website run by the group brought in by the FBI: http://www.dcwg.org .
Source: Yahoo News
U.S. law enforcement officials said 24 suspected hackers had been arrested in a sting operation spanning four continents that targeted online financial fraud of stolen credit card and bank information.
In a two-year investigation, FBI agents posed as hackers on Internet forums, watching as other hackers swapped methods for breaching data security walls and creating fake credit cards that would work for Internet and in-person purchases.
The probe prevented $205 million in possible losses on over 411,000 compromised consumer credit and debit cards, U.S. authorities in New York said.
Source: News Max