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Shared malware code links SWIFT-related breaches at banks and North Korean hackers

Network World

Malware links suggest that North Korean hackers might be behind recent attacks against several Asian banks, including the theft of US$81 million from the Bangladesh central bank earlier this year. The same malware was also previously linked to an attempted theft of $1 million from Tien Phong Bank in Vietnam.

Malware 63
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Feeding America turns to data to feed the hungry

CIO Business Intelligence

One organization, Feeding America, the country’s largest domestic hunger relief organization, is turning to information technology to help, having hired three years ago its first IT chief to transform how its network of 200 food banks serve the food insecure. Those food banks also have varying levels of technology acumen.

Banking 131
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Apple Pay closes loophole that allowed Russian users to pay with Mir cards

The Verge

According to The Guardian , Mir is owned by the Central Bank of Russia and was established in response to the economic sanctions put on Russia after it annexed Crimea in 2014. Statistics from the Central Bank say Mir cards make up around 32 percent of all new cards issued in the country.

Apple 94
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Security attacks and countermeasures

Cloud Musings

million stolen from HSBC Bank A.S. Cyber attacks are on the increase, with six of the top 10 largest incidents occurring in 2013 (402M) and 2014 (469M to date) [1]. For example, in the first half of 2014, 84.6% Also, programs that crack passwords or obtain them from other sources are readily available.

Security 159
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Disk-wiping malware Shamoon targets virtual desktop infrastructure

Network World

A cybersabotage program that wiped data from 30,000 computers at Saudi Arabia's national oil company in 2012 has returned and is able to target server-hosted virtual desktops. The malware, known as Shamoon or Disttrack, is part of a family of destructive programs known as disk wipers.

Malware 60
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Alternatives to the CompuServe of Things

Phil Windley

I wrote about this problem in 2014, describing the current architecture as the CompuServe of Things. But what if, in some future world, the root certificate authority of the identity documents I use for banking, shopping, travel, and a host of other things decides to revoke my identity for some reason? Fuse was built with picos.

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Has Apple Pay made it too easy to spend money?

Vox

It also marks a step forward in Apple’s steady march toward becoming a sort of bank. When Apple Pay launched in 2014, one big criticism was that it tried to solve a nonexistent problem. As my colleague Sara Morrison has reported, the iPhone is well on its way to becoming your bank. Credit cards were already easy to use.

Apple 87