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New attack on ATMs

Krebs on Security is reporting a new method of extracting money from bank accounts.  So far, this has been reported as being accomplished in eastern Europe and Russia, but there is certainly no reason why this cannot be accomplished in the U.S. The group starts by sending spear phishing emails to bank employees that look […]

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Misfortune Cookie bug impacts more than 12 million home and small office routers

While this is not exactly an “Internet Of Things” issue, it points out how long it takes to get things fixed and how the tail of a bug can live on forever.  In the case of the Internet of things, people rarely patch their refrigerator, so that bug will live on until the refrigerator is […]

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Hackers hit Second OPM Background Investigations Contractor

According to Washington Technology, hackers have gone after Keypoint Systems, a contractor for The Office of Personnel Management that does background investigations for security clearances.  If anyone has ever had a Department of Defense or other government security clearance, the information that you provide is extremely detailed.  For example, for the DoD, the SF-86 form […]

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Terrorism Risk Insurance Act

After 9/11, Congress passed TRIA, the terrorism risk insurance act. They did this after insurance companies paid out more than $40 billion in claims from 9/11 and reinsurers – the companies that backstop the insurance companies – withdrew from the market.  When the reinsurance market dried up, insurers stopped covering terrorism claims. The result of […]

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