Top 10 Stories

Nathaniel Wakelam became a bounty hunter when he was 18. Now 21, it is his full time job. This month so far he has earned $21,150, in installments: he counted them out over the phone – “400, plus 400, plus 300, plus 100, plus 1,000, plus 3,000, plus 4,000…” Wakelam’s month-to-month profit varies considerably, but in an average year, he said, he can comfortably clear $250,000, working from his home in Melbourne or on his...

There is a new banking trojan going around that uses Microsoft PowerShell to alter a computer's local proxy settings in order to redirect users to the wrong server when trying to access a banking portal. Banking trojans have hijacked computer proxy settings for years. This is how some of them operate. The difference is that they used local PAC (Proxy Auto-Config) files to achieve this, which they silently installed on infected hosts. View full story...

Cybercrime will continue its stratospheric growth over the next five years, according to a recent report published by Cybersecurity Ventures. (Disclaimer: Steve Morgan is the Founder and CEO at Cybersecurity Ventures.) While there are numerous contributors to the rise in cybercrime -- which is expected to cost the world more than $6 trillion by 2021, up from $3 trillion in 2015 -- the most obvious predictor is a massive expansion of the global attack surface...

Information on some 808,000 Unreal Engine and Unreal Tournament forum accounts, including email addresses, birth dates, and private messages, have been stolen from Epic Games. The games company says passwords were not compromised on the Unreal forums so account resets are not necessary. Salted passwords were breached for accounts active since July last year used on older game forums including legacy Unreal Tournament titles, Gears of War, and Infinity Blade. View full story ORIGINAL SOURCE:...

A judge has ordered the US State Department to review for possible release 14,900 of Hillary Clinton's emails and attachments that the FBI found when investigating her use of a private email server as secretary of state. The judge also scheduled a Sept. 23 hearing on when to release the emails, a deadline that raises the possibility that some will become public before the Nov. 8 presidential election between Democrat Clinton and her Republican rival,...

Many technology pundits talk about biometrics as the ultimate authentication solution – the technology that will make the ‘imperfect’ password obsolete. Despite the hype, most companies are approaching with caution. In fact, CEB found that there are varied degrees of biometrics adoption globally, as around 20 per cent of firms have actually deployed the technology. View full story ORIGINAL SOURCE: ITProPortal

Organisations need to reduce the risks created by hybrid IT infrastructure and rethink their security measures, including the use of passwords, according to a US-based senior executive from global identity management and security vendor Centrify. View full story ORIGINAL SOURCE:

In a revelation that shows how the National Security Agency was able to systematically spy on many Cisco Systems customers for the better part of a decade, researchers have uncovered an attack that remotely extracts decryption keys from the company's now-decommissioned line of PIX firewalls. View full story ORIGINAL SOURCE: Ars Technica

The organisers of the 2018 Gold Coast Commonwealth Games are hunting for an IT security firm to protect the high-profile event from cyber attack, and say they will consider swapping branding at the event for the service. The government body running the event is expecting a cumulative TV audience of over a billion people, 1.1 million ticket sales, 84 million page views on its websites, and 6600 athletes and officials for the April 2018 games....

Popular online cosmetics site Strawberrynet has asked customers if a function that allows anyone to retrieve its customers names, billing addresses, and phone numbers with nothing more than an email address is a bug or a feature. The bug was first disclosed almost exactly a decade ago and resurfaced after security man Troy Hunt reported the flaw to the company last Thursday. View full story ORIGINAL SOURCE: The Register