Risk Radar Free Cyber Newsletter – Jan 31, 2017

Cyber Security Newsletter

Emergent threats, trends, and news annotated by some of the most well known and respected experts in the industry.

Ransomware attacks will double in 2017, study
Ransomware attacks more than doubled in 2016 and should double again in 2017. Not only are Ransomware attacks increasing the attacks are becoming more targeted to the most valuable data of the organization. A proper security plan the covers ransomware is needed in today’s business environment.

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New Netgear Router Worries After Trustwave Warning
Trustwave has found a flaw in Netgear routers that could give attackers complete control of their home Netgear routers. This raises concerns of these routers potentially being used in IoT DDoS attacks. The estimated number of affected routers is in the 100,000’s and could be in the millions.
Dridex Returns With Windows UAC Bypass Method
The banking Trojan Dridex has been on a six-month hiatus, it has returned with a Windows UAC bypass technique. A spear-phishing campaign has been discovered with document attachments that download Dridex, the documents are using macros to deliver the Trojan.
Trump Set to Sign Cyber EO as Election Hack Fallout Continues
President Trump may be signing an executive order on cybersecurity today. Information security has taken a high profile recently with purported Russian directed hacking in the 2016 election. The full details of these hacking attacks still need to be worked out, hopefully President Trump’s focus on cybersecurity will improve our government’s information security.
ATM ‘Shimmers’ Target Chip-Based Cards
The old strip cards had skimmers the new chip-based cards have shimmers to worry about. Brian Krebs goes through an example out of Canada that is targeting the new chip-based cards. The only reason this shimmer attack is working is that some banks are not using the full security features of the chip-based cards.
Cerber, Locky, Kovter top malware families in 2016: Malwarebytes
Malwarebytes gives a scary breakdown of 2016 malware, 70 percent of it was ransomware. The article gives an informative breakdown of malware 2016. These malware trends show no sign of slowing down in 2017.