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A Simple Trick Makes a Hacker $7.4 Million Richer in an Ethereum Hack

Source: National Cyber Security – Produced By Gregory Evans

A hacker has managed to make over $7 million in virtual currency during the Initial Coin Offering (ICO) of CoinDash by tricking people into sending their cryptocurrency to the wrong address. CoinDash, a trading platform for cryptocurrencies, has claimed that its investors were sending their funds to a hacker, and…

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Hacker “His Royal Gingerness” Jailed for Cyber-Attack on UK Hospital, Airport

Source: National Cyber Security – Produced By Gregory Evans

Hacker “His Royal Gingerness” Jailed for Cyber-Attack on UK Hospital, Airport

Daniel Devereux, 30, a British man calling himself “His Royal Gingerness” has been sentenced to 32 weeks in prison for hacking the websites of the Norfolk and Norwich University Hospital, and the website of the Norwich International Airport. His punishment came today in a sentencing for a case he was…

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British Hacker Pleads Guilty to Hacking US Military Satellite Phone And Messaging System

Source: National Cyber Security – Produced By Gregory Evans

British Hacker Pleads Guilty to Hacking US Military Satellite Phone And Messaging System

A 25-year-old broke into a DoD satellite communication system and doxed around 800 Department of Defense employees. A British man has pleaded guilty to hacking into a US Department of Defense system stealing data from around 30,000 satellite phones, UK authorities announced on Thursday. Sean Caffrey, a 25-year-old from the…

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Random number generation poses hacker challenge

more information on sonyhack from leading cyber security expertsSource: National Cyber Security – Produced By Gregory Evans The best way to protect sensitive systems from hackers is to use a cryptographic key. For this lock to work it needs to use numbers chosen at random without any structure. This is difficult but a new system is at hand. To communicate in secret a […] View full post on AmIHackerProof.com | Can You Be Hacked?

Should your business hire a hacker?

Source: National Cyber Security – Produced By Gregory Evans

Should your business hire a hacker?

Chris Pogue was given the Tech Express treatment by CBR’s Ellie Burns, with the Nuix CISO looking into the recruitment of hackers.

EB: Why would a company want to hire a hacker?

CP: It’s well-known across the board that there is a shortage in cyber security skills in the UK and abroad. It can be beneficial for organisations to turn to those who already have a depth of security knowledge to bridge the gap, and often it is the case that the people closest to these matters are former hackers. Whilst many may be put off by hiring someone labelled in a presumably derogatory manner, hackers have a tremendous wealth of experience which is invaluable to security teams. Ex-hackers or penetration testers have an understanding of the inner workings of a cyber criminal’s mind better than any trained security professional. According to the Nuix Black Report, many hackers and pentesters have indicated that the only difference between the work they perform, and those of a criminal is a statement of work; the tools, techniques, and methodologies are all the same.

They can provide insights into how organisations become compromised and can help protect against these methods. In warfare, General Sun Tzu said:

“IF YOU KNOW THE ENEMY AND KNOW YOURSELF, YOU NEED NOT FEAR THE RESULT OF A HUNDRED BATTLES. IF YOU KNOW YOURSELF BUT NOT THE ENEMY, FOR EVERY VICTORY GAINED YOU WILL ALSO SUFFER A DEFEAT. IF YOU KNOW NEITHER THE ENEMY NOR YOURSELF, YOU WILL SUCCUMB IN EVERY BATTLE.”
The quote holds as much meaning today as it did thousands of years ago. Hackers can provide that rare perspective into the mind of the enemy, as well as helping security teams understand that security is more than just a policy on a paper or an anti-virus programme.

EB: What skills do hackers have which would benefit the business?

CP: Former hackers are often people who have been studying and researching security controls and protocols from a very young age, and consequently have an unrivalled depth of technical knowledge and creativity. They also know the best tools and techniques that can be used to infiltrate organisations. According to the Nuix Black Report, which surveyed cyber attackers, 88% of hackers say they can compromise a target in under 12 hours. Most businesses won’t even realise they’ve been breached and realistically won’t be able to mount any sort of defence before it’s too late. These numbers highlight the need for a well-trained response team with a diverse range of skills, using cutting-edge technology and actively monitoring for threats, in conjunction with expert knowledge and field experience.

EB: What is the advantage of hiring hackers instead of training/reskilling staff?

CP: Former hackers have a unique insight into a world which is largely closed off to the corporate world. Someone who comes from that background has an understanding of criminal motivations that a business professional simply would not be able to emulate through training alone. Enterprises need people who can think differently and creatively, as the criminal world is currently much more agile than those defending. A former hacker can help defence teams stay ahead of the curve on potential threats by teaching them how to recognise attack patterns.

EB: How do you attract hackers for corporate roles?

CP: Attracting hackers to corporate roles is a huge challenge facing the industry, as many are tempted into a life of crime by monetary gain, and the idea of achieving status among their peers. One way we can challenge this is by offering engaging roles which allow creativity and freedom. We need to be engaging with hackers early and showing them a path to success working with organisations instead of against them. This is approach can be effective, but businesses should anticipate it to be expensive. Their skills are highly specialised, and highly sought after – so be ready to pay significantly more than you would pay for traditional IT staff.

EB: What would be your top tip for a business looking to hire a hacker?

CP: A recent study from the UK National Crime Agency found that young people are lured into a life of crime from a very young age, with the average age of a convicted cybercriminal being 17. For those in charge of recruitment, a criminal record will almost certainly ring alarm bells, and rightfully so. While there are risks involved, in general there needs to be a cultural shift in the corporate sector which lifts the stigma of hiring someone with a somewhat tenuous past. Young people need to be able to see that there are lucrative opportunities out there for people with their skills, outside of the criminal world.

Source:

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Vigilante Hacker is Trying to Save Us From Ourselves

Source: National Cyber Security – Produced By Gregory Evans

Vigilante Hacker is Trying to Save Us From Ourselves

Surely we’re all aware that cyber attacks are getting worse and it’s because there’s been thousands of unsecure, internet-enabled devices hitting the market. These can range from light bulbs you can control with an app to classic printers, but many …

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Teenage hacker makes £ 400,000 by hacking 1.7 million Xbox Live and Minecraft accounts

Teenage hacker makes £ 400,000 by hacking 1.7 million Xbox Live and Minecraft accountsSource: National Cyber Security – Produced By Gregory Evans Teenage Hacker named Adam Mudd is said to have made £400,000 by selling a nasty virus to fellow hackers which led to the crash of more than 1.7 million Xbox … The post Teenage hacker makes £ 400,000 by hacking 1.7 million Xbox Live and Minecraft […]

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IT security faces huge challenge, says hacker ‘Mafiaboy’

Source: National Cyber Security – Produced By Gregory Evans Michael Calce’s parents knew there was “something rather unique” about him when he was five years old, he says. Handed a computer with unlimited internet access as a child, the Montreal-raised Calce is the infamous as “Mafiaboy”, who in February … The post IT security faces […]

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Canadian judge denies bail to alleged Yahoo hacker

Source: National Cyber Security – Produced By Gregory Evans

A judge denied bail Tuesday to a Canadian man accused in a massive hack of Yahoo emails. Karim Baratov, 22, has alleged ties to Russian agents and access to significant amounts of cash, making him a serious flight risk if …

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FBI Arrests Hacker Who Hacked No One

Taylor Huddleston woke early on December 6th, hours before the Arkansas winter morning would stir to life with the sound of roosters and dogs. Since selling off the last piece of his software business two months earlier, Huddleston had nothing … View full post on National Cyber Security Ventures