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Senator says Facebook should clean up bots or face fines

Concerning the FBI’s investigation into Russian influence on the 2016 U.S. election, Sen. Amy Klobuchar, D-Minn., said social media companies should be fined if they can’t get rid of bots on their platforms.

“They have brilliant people working there,” Klobuchar said on NBC’s Meet the Press. “They’ve got to put more resources — maybe it means making less profits off of ads and other things — but they’ve got to put the resources into Facebook and Twitter to stop these bots from dominating the accounts.”

The Democratic senator said the social media giants are some of the most sophisticated companies in the world and that bots on Facebook are like “toxic waste” being dumped into the environment. Although not explicitly stated in the bill, the remarks were made concerning proposed legislation seeking to make digital ads part of the campaign finance laws.

EU referendum petition hijacked by bots

An online petition calling for a second EU referendum has been hijacked by automated bots adding false signatures.
Posts on the 4chan message board indicated that some users had scripted programs to automatically sign the petition.
Thousands of signatures appeared to have come from people in Vatican City and Antarctica.
The House of Commons petitions committee said it had removed 77,000 signatures and was investigating.

New botnet steals account credentials to login to banking sites

A new botnet has been discovered that collects account credentials from users on popular sites and then tries the logins it has acquired on bank login pages.

This new tactic is quite clever in the way that it is able to avoid setting off botnet detection and the rate-limiters that most modern banks have in place. These same security measures are generally not present on the rest of the web which allows the botnet to collect passwords and prey on users guilty of password re-use.

It also has a high rate of possible success since anywhere from 15 to 60 per cent of users re-use their passwords across multiple sites for the sake of convenience. Many users also select easy to remember passwords that are often re-used as opposed to complex and unique passwords. Password lockers are also often overlooked by the average internet user.

Bill Gates/bot malware family used to launch DDoS attacks

The Bill Gates/bot family of malware continues to be used to facilitate distributed denial of service (DDoS) attacks, allowing bad actors to seize full control of infected systems, according to a threat advisory from Akamai’s Security Intelligence Research Team (SIRT), which ranked the risk factor as “high.”

The researchers noted that the attack vectors in the toolkit of the malware, which was revealed on a Russian website in 2014, include ICMP flood, TCP flood, UDP flood, SYN flood, HTTP Flood (Layer7), and DNS query-of-reflection flood.

Attivo Networks News

Attivo Networks Named Affiliate Board Advisor to FS-ISAC Organization

Attivo Networks™, an innovator in information security threat detection, today announced it has been named an Affiliate Board Advisor of the Financial Services Information Sharing and Analysis Center (FS-ISAC), a community of financial organizations working together to share cyber and physical threat intelligence and combat cybercrime activities.

With 783 Breaches Reported in 2014, Isn’t it Time to Admit That Perimeter Defense is No Longer Enough

The scary part is that 783 breaches only represent what was reported. Undoubtedly many more incidents occurred but were never publically disclosed. Whether you count the disclosed or undisclosed number, it would be hard to argue the fact that cyber-attacks are growing in frequency and are getting increasingly more complex. Current security solutions are proving ineffective, and breaches continue to be a deadly threat to enterprises where valuable data can be compromised, often generating millions of dollars for the attackers.

Attivo Networks Raises $8M in a Series A Round

[vc_row][vc_column][vc_column_text] Attivo Networks Raises $8M in a Series A Round Led by Bain Capital Ventures Bain Capital Venture’s Managing Director, Enrique Salem, Joins the Attivo Networks Board Fremont, CA – April 16, 2015 – Attivo Networks®, an innovator in advanced threat detection technology, today announced that it has closed an $8M Series A round led …

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