Computer systems, in many peoples’ eyes, are there to be hacked — and that means fraudsters are always working on new ways to exploit vulnerabilities. So what does 2014 have in store? Here are seven security predictions for the New Year. DDoS Attacks Get Sneaky DDoS attackers will go from simple volumetric attacks to ones which take advantage of a site’s specific performance characteristics. That’s the prediction of security researchers at Neohapsis, a security and risk management consulting company. DDoS attacks that intelligently target bottlenecks in performance, such as pages with a high server load (like database writes) or specific network bottlenecks (like login and session management), can magnify the impact over attacks which are simply volume-based and request the homepage of a site. So it’s likely that we will begin to see the spread of tools which profile specific targets. The result? DDoS attacks that have more impact, and involve less network traffic, than the ones enterprises have become accustomed to mitigating against. Insider Threats Remain Major Security Problem According to a CyberSecurity Watch survey insiders were found to be the cause in 21 percent of security breaches, and a further 21 percent may have been due to the actions of insiders. More than half of respondents to another recent survey said it’s more difficult today to detect and prevent insider attacks than it was in 2011, and 53 percent were increasing their security budgets in response to insider threats. While a significant number of breaches are caused by malicious or disgruntled employees – or former employees – many are caused by well-meaning employees who are simply trying to do their job. BYOD programs and file sharing and collaboration services like Dropbox mean that it will be harder than ever to keep corporate data under corporate control in the face of these well-meaning but irresponsible employees. Defending against insider threats requires a multi-layered use of technological controls, including system-wide use of data encryption and establishment of policies stressing prevention of data loss. Security Worries Drive Cloud Consolidation Organizations will look to buy more solutions from a single vendor and demand greater integration between solutions to automate security, according to Eric Chiu, president of HyTrust, a cloud security company. The fact that securing cloud environments is very different from securing traditional physical environments will drive greater consolidation in the market, he says. Legacy Systems Cause More Security Headaches The spate of IT failures in banks and other high profile companies highlights a simple fact: Many of them are running legacy systems which are so old and out of date that they are becoming almost impossible to maintain. That’s because there are few people with the skills and expert knowledge that would be needed to run them securely – even if they were updated to eliminate know vulnerabilities, which they frequently are not. They often aren’t updated because no-one knows what impact that would have. It’s inevitable that we’ll see hackers going after such systems, exploiting vulnerabilities that can’t easily be fixed. Encryption Will Be Revisited In the wake of revelations about the NSA, many companies are realizing that encryption many be the only thing that is protecting their data, and it may not be as strong as they imagined. What’s more, if hackers are led to believe there is a weakness in a particular system – either accidental or intentional – they will pound on it until they find it. As a result, many companies will look to improve the way they use encryption. Look for particular attention to be paid to cryptographic block modes like CBC and OFB, and authenticated modes like EAX, CCM and GCM, advise the experts at Neohapsis. In addition to the encryption methods themselves, look for insights and innovations around key management and forward security. ‘Stuxnets’ Become More Common State-sponsored malware like Stuxnet – which is widely attributed to the United States, Israel or both – has proved to be far more sophisticated and effective than anything that a couple of hackers can develop. Expect more of this type of malware from the likes of China, Russia, Iran, India, Brazil and Pakistan. It’s probably already out there, even if it hasn’t yet been detected. 2014 could be the year that its prevalence becomes apparent. Bitcoin Drives New Malware The Bitcoin virtual currency is growing in popularity with legitimate businesses, and that’s likely to continue. That’s because Bitcoin payments offer significant attractions: They are quick and cheap, and there is no possibility of a chargeback. But Bitcoin wallets make attractive targets for criminals, because stolen coins can be cashed out instantly, without a middleman or launderer taking a cut. And many Bitcoin users are relatively unsophisticated, protecting their wallets with very little security. So expect Trojans and other malware that specifically look for and target Bitcoin stashes, as well as ransomware that demands Bitcoins in return for decrypting data. Source: http://www.esecurityplanet.com/network-security/7-security-trends-to-expect-in-2014.html
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7 Security Trends to Expect in 2014

Just days after NatWest Bank suffered a debilitating DDoS attack, a new survey has revealed that most businesses are still unprepared for this kind of threat. Some companies are unprepared for DDoS attacks Just days after NatWest Bank suffered a debilitating DDoS attack, a new survey has revealed that most businesses are still unprepared for this kind of threat. More than half the respondents to a survey by Corero lack adequate distributed denial-of-service (DDoS) defence technology. The study also reveals a lack of DDoS defence planning on multiple levels: nearly half of businesses have no formal DDoS response plan, 54 percent have outdated or non-existent network maps, and around one in three lack any clear idea of their normal network traffic volume. Furthermore, the survey slates businesses for under-investing in their security infrastructures, with around 40 percent of respondents still relying on firewalls, while nearly 60 percent do not test their DDoS defences regularly with network and application-layer tests. However, experts warn that DDos attacks are escalating and say that they can cause not only business disruption but also loss of IP, significant brand damage and a loss of customer confidence. Mike Loginov, CEO and CISO at independent security consultancy Ascot Barclay Group, told SCMagazineUK.com that figures from his firm and others show sharply rising numbers of successful DDoS attacks, adding: “These attacks are not necessarily undertaken by the perpetrator with financial gain in mind. However, they still leave the targeted business suffering costly damage repairs, loss of business and an undermining of the organisation’s capability to defend itself. Many attacks go unreported for fear of brand damage.” Andrew Miller, CFO and COO at Corero, which carried out the latest survey, agreed the threat is growing but stressed that companies are still not doing enough to protect themselves. “These denial-of-service-attacks (DDoS) are increasing and becoming more complex, but we’re still not seeing companies increasing their vigilance, investment and planning,” he told SCMagazineUK.com. “Across the board companies really need a combination of infrastructure investment, but more importantly putting in place plans to be able to detect what’s traversing companies’ networks.” Loginov agreed: “Generally speaking, IT departments, as the report suggests, are just not geared up to defend organisations against what cyber security professionals these days consider rudimentary attacks.” Miller said companies need “hybrid DDoS and cloud protection” but added that currently only “a small percentage” of companies have these defences in place. “What we’re seeing the more proactive customers doing is deploying a combination of both on-premises technology to provide 24/7 protection from denial of service attacks, as well as cloud protection services to deal with the high-volume ‘fill the pipe’ network-layer DDoS attacks – a combination of solutions rather than a single solution.” These warnings come just days after NatWest Bank was hit by a DDoS attack that left customers unable to access their accounts online. The 6 December attack disrupted NatWest’s website for about an hour and briefly hit the websites of the other banks in the RBS Group – RBS and Ulster Bank. The attack was focused on disruption rather than accessing account details. But Miller said organisations need to “understand it’s not just inconvenience, we’re talking about some loss of IPR. In the case of RBS, it’s obviously a significant issue from a brand and customer satisfaction perspective”. Miller added: “Denial of service attacks are often used as a smokescreen, a way of initially gaining entry into IT systems through a brute force-type attack, then following on from that the more sophisticated attacks which are aimed either at stealing customer information or intellectual property. We’re seeing banks in the US we’re talking to subject to these types of attacks on a daily basis.” In a statement to journalists, Jag Bains, CTO of DOSarrest Internet Security , said: “The transparency shown by RBS in admitting that they failed to invest properly in their IT systems is a common refrain amongst many enterprises, large and small. While each organisation may have multiple reasons for failing to invest, they all share the same notion that they won’t be a target until they get attacked. “With DDoS tools becoming more advanced and pervasive, all IT operations should work under the premise that they will be attacked and plan accordingly. Every stack and layer within their purview should be reviewed and they should identify cost-effective cloud solutions for their DDoS which provides much better performance and mitigation than expensive hardware.” The DDoS attacks on RBS came in the same week as an unrelated major IT failure, which hit the Group’s online and mobile banking, ATMs and debit card payments. As SCMagazineUK.com reported, RBS, NatWest and Ulster Bank customers were unable to use their cards to draw cash or pay for goods or services. RBS CEO Ross McEwan branded the outage as “unacceptable” and blamed decades of failure to invest adequately in new technology. Source: http://www.scmagazineuk.com/companies-still-ignore-ddos-attacks/article/324844/
Eleven of the fourteen defendants in the PayPal 14 case have reached a plea deal with federal prosecutors. Under the agreement, the defendants will plead guilty to felonies and misdemeanors under the Computer Fraud and Abuse Act (CFAA). If they observe good behavior, federal prosecutors will ask that the felonies be dropped. This comes as good news to those who advance the notion that DDoS (Distributed Denial of Service) attacks are acts of civil disobedience. Two other defendants will serve 90 days in prison after pleading guilty to a misdemeanor charge pled guilty to a misdemeanor, while the last of the fourteen defendants was not eligible for a plea deal in the case. The PayPal 14 are only a small fraction of the over 1,000 participants identified in a DDoS attack aimed at PayPal, which Anonymous hit as part of “Operation Payback” after the company cut service to WikiLeaks’s donations page. Pierre Omidyar, founder of eBay, which is the parent company of PayPal, called for leniency. Ironic given that PayPal provided the Department of Justice with a list of the participants’ IP addresses, which helped the FBI locate the protesters. “I can understand that the protesters were upset by PayPal’s actions and felt that they were simply participating in an online demonstration of their frustration. That is their right, and I support freedom of expression, even when it’s my own company that is the target,” Omidyar wrote two days ago in a Huffington Post op-ed. “The problem in this case however is that the tools being distributed by Anonymous are extremely powerful. They turn over control of a protester’s computer to a central controller which can order it to make many hundreds of web page requests per second to a target website.” DDoS works by connecting thousands of computers together to bombard websites with traffic until it collapses. As Omidyar noted, it multiplies the power of a single protester, which is something that cannot be done in the physical realm without significant grassroots effort. Nevertheless, the plea deal is significant because it sets a legal precedent that DDoS isn’t just some effort to cause significant financial harm. While the plea deal doesn’t define DDoS as digital protest, it might be the first step in acknowledging the attack as something akin to protesters blocking a road or a business. These physical protests are typically prosecuted as misdemeanors, not felonies that can bring hefty prison terms, high restitution costs, and a lifetime designation as a felon. The PayPal 14 plea deal might also help begin the very necessary process of amending the CFAA, which allows stiff penalties for these non-violent crimes in the first place. Shortly before the news was announced, activist lawyer Stanley Cohen tweeted: “Stay tuned for details. Pay Pal 14 will be resolved today, big win for civil disobedience. Up the Rebels.” And a good win for the internet, which is coming of age as the supreme venue for protest against political and financial power. Source: http://www.deathandtaxesmag.com/210854/paypal-14-plea-deal-a-win-for-ddos-as-civil-disobedience/