Analecta Cyber Company Blog: August 2015

2015-08-28

Maryland couple hacked, lose thousands of dollars

A couple living in Maryland has been the victim of yet another cyber crime. They thought they were safe and protected by doing the necessary password selections and avoiding using their credit and debit cards. But then they were hacked and thousands of dollars was stolen from their bank account. The victims said it started with minor withdrawals from their account. Some were as low as $0.17 and $0.79, so they didn’t noticed them at all. Then the amounts became larger, amounting to as much as $4,000 in unauthorized charges. Although the stolen money was insured by the FDIC, the victims were also concerns about possible personal information that might have been stolen by the hackers. Since the hack, some people have suggested the couple should go beyond the existing system of security involving passwords and use an app that generates a one-time password. These apps give the user a new password every time they log in to their accounts. The victims now recommend that people watch their money very carefully. The incident proves that anyone can be the target of these costly hacks, including an individual person, an organization or a business, if they are unprepared and unprotected. Therefore, people should always be alert, specifically about their personal financial accounts.

2015-08-24

Baltimore faces cyber attacks amid riots

A recent cyber attack coming in the midst of street riots shut down the city of Baltimore's website and came with threats of additional disruptions to the city government’s computer system. Analysts said government officials often are unprepared to respond to these attacks, which can create problems ranging from minor annoyances to major problems for citizens and business people interacting with local government. Such cyber activism can create website shutdowns lasting for short periods of time and larger problems including the leaking of sensitive or private information. Similar targeting of business website is also common. With this in mind, one local security company has offered to help the city secure its websites. The firm made note of the deficiencies it found, including out-of-date software. It’s now up to city officials to decide if they will accept the help offered or continue to be “protected” by the existing system which remained vulnerable to cyber attacks.

Additional References:
http://www.baltimoresun.com/news/maryland/sun-investigates/bs-md-ci-cyber-riot-20150731-story.html