Welcome to the Cyveillance Weekly Cyber Security Trends Report
Since threat intelligence is constantly evolving, we publish this weekly report to keep our customers updated on the latest threats across a variety of industries. You can read an abridged version below. Follow us on Twitter and subscribe to our blog to make sure you don’t miss any of the latest security articles from Cyveillance experts.
- The potential legal liabilities from the unprecedented breach of some 80 million individuals’ records at Indianapolis-based insurance giant Anthem could entangle nearly 60 health insurance plans from Hawaii to Puerto Rico, legal experts say. More than 50 class-action lawsuits related to the breach already have been filed in less than a month.
- The FBI and the State Department announced a record $3 million reward Tuesday, February 24, for information leading to the arrest of a Russian accused of executing a sophisticated computer heist that siphoned more than $100 million from American bank accounts. The accused, Evgeniy Bogachev, who is believed to be in Russia, was charged last year and in 2012 with computer crimes. He was already on the FBI’s “Cyber’s Most Wanted” list. The $3 million bounty is the highest ever for an alleged cybercriminal. The 31-year-old fugitive, who authorities say used the online monikers “lucky 12345” and “slavik,” is accused of deploying malicious software known as GameOver Zeus, which is designed to steal bank account numbers and passwords.
- What began with a tiny artificial island built by China to stake a concrete claim in the South China Sea is fast on its way to becoming 600 acres of at least seven islands spread across it. One of the most impressive is so-called Fiery Cross Island, the permanent structure above complete with an air strip and, perhaps, the ability to permanently station advanced weapon systems there to patrol the skies and seas.
- When it comes to data breaches, retailers are one of the biggest targets, and now we have some detail on the costs around one of the more high-profile attacks. Target Thursday said that it has booked $162 million in expenses across 2013 and 2014 related to its data breach, in which hackers broke into the company’s network to access credit card information and other customer data, affecting some 70 million customers.
- A new targeted phishing campaign has been observed by security researchers to focus on high level security professionals in technical companies, such as CTOs. Researchers at Talos, Cisco’s security intelligence and research group, observed on Tuesday the deployment of the malicious campaign, which delivered emails with subjects related to different payment details and federal taxes.
- President Obama Wednesday directed the Director of National Intelligence (DNI) to establish the Cyber Threat Intelligence Integration Center (CTIIC). The CTIIC will be a national intelligence center focused on “connecting the dots” regarding foreign cyber threats to the nation and cyber incidents affecting U.S. national interests, and on providing all-source analysis of threats to U.S. policymakers. The CTIIC will also assist relevant departments and agencies in their efforts to identify, investigate, and mitigate those threats.
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