Interesting article discussing cyber-warranties, and whether they are an effective way to transfer risk (as envisioned by Ackerlof’s “market for lemons”) or a marketing trick. The conclusion: Warranties must transfer non-negligible amounts of liability to vendors in order to meaningfully overcome the market for lemons. Our preliminary analysis suggests the majority of cyber warranties cover … Read More “On Cyber Warranties” »
Category: cyberattack
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WhatsApp is suing the Israeli cyberweapons arms manufacturer NSO Group in California court: WhatsApp’s lawsuit, filed in a California court on Tuesday, has demanded a permanent injunction blocking NSO from attempting to access WhatsApp computer systems and those of its parent company, Facebook. It has also asked the court to rule that NSO violated US … Read More “WhatsApp Sues NSO Group” »
Interesting details on Olympic Destroyer, the nation-state cyberattack against the 2018 Winter Olympic Games in South Korea. Wired’s Andy Greenberg presents evidence that the perpetrator was Russia, and not North Korea or China. Powered by WPeMatico
More nation-state activity in cyberspace, this time from Russia: Per the different reports in Russian media, the files indicate that SyTech had worked since 2009 on a multitude of projects since 2009 for FSB unit 71330 and for fellow contractor Quantum. Projects include: Nautilus — a project for collecting data about social media users (such … Read More “Hackers Expose Russian FSB Cyberattack Projects” »
The International Committee of the Red Cross has just published a report: “The Potential Human Cost of Cyber-Operations.” It’s the result of an “ICRC Expert Meeting” from last year, but was published this week. Here’s a shorter blog post if you don’t want to read the whole thing. And commentary by one of the authors. … Read More “The Human Cost of Cyberattacks” »
Israel has acknowledged that its recent airstrikes against Hamas were a real-time response to an ongoing cyberattack. From Twitter: CLEARED FOR RELEASE: We thwarted an attempted Hamas cyber offensive against Israeli targets. Following our successful cyber defensive operation, we targeted a building where the Hamas cyber operatives work. HamasCyberHQ.exe has been removed. pic.twitter.com/AhgKjiOqS7 Israel Defense … Read More “First Physical Retaliation for a Cyberattack” »
Good article on the Triton malware which targets industrial control systems. Powered by WPeMatico
A recent article in the Atlantic asks why we haven’t seen a”cyber 9/11″ in the past fifteen or so years. (I, too, remember the increasingly frantic and fearful warnings of a “cyber Peal Harbor,” “cyber Katrina” — when that was a thing — or “cyber 9/11.” I made fun of those warnings back then.) The … Read More “What Happened to Cyber 9/11?” »
Interesting policy paper by Third Way: “To Catch a Hacker: Toward a comprehensive strategy to identify, pursue, and punish malicious cyber actors“: In this paper, we argue that the United States currently lacks a comprehensive overarching strategic approach to identify, stop and punish cyberattackers. We show that: There is a burgeoning cybercrime wave: A rising … Read More “How to Punish Cybercriminals” »
Andy Greenberg wrote a fascinating account of the Russian NotPetya worm, with an emphasis on its effects on the company Maersk. BoingBoing post. Powered by WPeMatico