America

now browsing by tag

 
 

Gaetz to speak at Save America summit amid sex trafficking investigation | #tinder | #pof | #match | #sextrafficking | romancescams | #scams

Source: National Cyber Security – Produced By Gregory Evans

Rep. Matt GaetzMatthew (Matt) GaetzThe Hill’s Morning Report – Biden, McConnell agree on vaccines, clash over infrastructure Katie Hill: Gaetz ‘needs to be held responsible’ if sex allegations true Meghan […]

The post Gaetz to speak at Save America summit amid sex trafficking investigation | #tinder | #pof | #match | #sextrafficking | romancescams | #scams appeared first on National Cyber Security.

View full post on National Cyber Security

#deepweb | Crypto is fueling organized crime in Latin America, claims new report

Source: National Cyber Security – Produced By Gregory Evans

In brief

  • Threat intelligence firm Intsights says criminals are turning to cryptocurrencies in greater numbers in Latin America.
  • Mixing services, P2P and unregulated crypto exchanges are the tools of choice to covertly wash and launder illicit funds.

Organized crime and drug cartels in Latin America are increasingly turning to cryptocurrencies to launder money and orchestrate scams, according to the latest collaborative report by threat intelligence firm Intsights and blockchain forensics firm CipherTrace. 

The report, “The Darkside of Latin America,” demonstrates how threat finance in Latin America has evolved with the rise of cryptocurrencies and peer-to-peer and unregulated exchanges. Researchers for Intsights say they arrived at their findings from access to “closed-access databases” and “hundreds of underground sources (deep web and dark web),” among other tactics.

The report claims that the region’s countries “top the list of the world’s worst money laundering nations,” and organized crime and cybercriminals are turning to cryptocurrencies to move money and to hire hackers. The report also highlights the fact that extreme political corruption in the region helps criminals operate without much resistance. 

One way criminals are specifically using cryptocurrency is through “mixing services” to obfuscate “potentially identifiable or ‘tainted’ cryptocurrency funds with others,” according to Intsights. Once “washed” through mixing services, criminals continue to trade their crypto on other exchanges to profit.

Further, criminals are laundering money through the many unregulated exchanges through Latin America, which lack the know-your-customer (KYC) and anti-money laundering (AML) policies that are commonplace in more developed countries. Criminals use these exchanges to trade Bitcoin for altcoins to further obfuscate and profit from their illicit funds. According to the researchers, they estimate that 97% percent of washed cryptocurrency ends up in places like Latin America that have “extremely lax KYC/AML regulations.” 

To compound this, criminals also turn to peer-to-peer exchanges (P2P), which remain the preferred way for criminals to exchange crypto to fiat money. The report cites P2P exchanges such as LocalBitcoins, which has relatively high trading volume in Latin America, as favorites for criminals to launder money because they ”typically lack AML programs and perform little or no KYC due diligence.” 

In recent months, P2P exchanges like Paxful and Local Bitcoins have stepped up their regulations to combat this reputation. 

The report cites the case of the now notorious Panamanian payment processing firm Crypto Capital as a prominent example of how criminals use crypto. The alleged operators of the “shadow bank” are charged with aiding drug cartels with money laundering operations between Latin America and Europe, among other misdeeds.

It’s a problem that’s unlikely to be resolved any time soon, according to the researchers, given Latin America’s lack of established anti-money laundering laws and poor enforcement of the laws that are in place.

Nevertheless, the report recommends firms that want to combat cybercrime in the region to “collect, monitor, and analyze cyber crime intelligence,” learn and “follow best security practices.”

Source link
——————————————————————————————————

The post #deepweb | <p> Crypto is fueling organized crime in Latin America, claims new report <p> appeared first on National Cyber Security.

View full post on National Cyber Security

Cyber #hacks driving ‘bug bounty’ #jobs and #programs in #corporate #America

Source: National Cyber Security News

If you have the skills to stop a cyber hacker in their tracks, you may soon be getting calls from recruiters trying to fill a new crop of jobs throughout corporate America.

Criminal data breaches are predicted to cost businesses a total of $8 trillion over the next four years, outstripping worldwide IT security spending, which is expected to be upwards of $120 billion by 2021, according to Gartner. Meanwhile, there is a shortage of talent, and an anticipated 1.8 million cybersecurity jobs will be unfilled by 2022, with millennials likely playing a big role as cited in a report from the Center for Cyber Education and Safety. These jobs will be in demand as the the number of reported cybersecurity incidents (which doubled between 2016 and 2017) continues to rise. Even with expert cybersecurity firms on retainer to improve overall cyber resilience, companies are struggling to stay ahead in the battle against malicious hackers.

To help close the gap, more businesses are turning to another kind of hacker: the ‘white hats’. Through carefully implemented bug bounty programs, organizations can crowdsource the expertise of security researchers to help identify vulnerabilities in exchange for money and recognition, and fix vulnerabilities before they can be exploited.

Read More….

advertisement:

View full post on National Cyber Security Ventures

North America CACS

Source: National Cyber Security News

General Cybersecurity Conference

 April 30 – May 2, 2018 | Chicago, Illinois, United States

Cybersecurity Conference Description

North America CACS attracts the best and brightest with its content-rich and thought-provoking sessions that delve into some of the biggest challenges facing IT audit and security professionals.

Read More….

advertisement:

View full post on National Cyber Security Ventures

State of Small Business Cybersecurity in North America

Source: National Cyber Security – Produced By Gregory Evans

State of Small Business Cybersecurity in North America

Small business owners know they are at risk for cyberattacks, but they are somewhat at a loss as to what to do. That’s one of the findings of a new report from the Better Business Bureau, The State of Small Business Cybersecurity in North America, released today as part of National Cybersecurity Awareness Month. One of the more troubling findings is that half of small businesses reported they could remain profitable for only one month if they lost essential data.

“Profitability is the ultimate test of risk,” said Bill Fanelli, CISSP, chief security officer for the Council of Better Business Bureaus and one of the authors of the report. “It’s alarming to think that half of small businesses could be at that much risk just a short time after a cybersecurity incident.”

“Small business owners get it,” Fanelli continued. “When we asked them about the most common cybersecurity threats – ransomware, phishing, malware – they know what’s out there, and most of them have basic protections in place. For instance, 81% use antivirus software and 76% have firewalls. But one of the most cost-effective prevention tools, employee education, is used by fewer than half of the companies we surveyed. Other prevention measures scored even lower.”

BBB surveyed approximately 1,100 businesses in North America (71.4% of the sample came from the United States, 28.5% from Canada and 0.1% from Mexico). Two-thirds of the participants were BBB Accredited Businesses, and they apparently fared marginally better in most measures, such as awareness of specific threats and adoption of cybersecurity measures. The data was collected in an online survey with a margin of error of approximately +/- 3% for a 95% confidence interval.

The report focuses on cybersecurity effectiveness from three perspectives: a) cybersecurity standards/frameworks; b) best practices; and c) cost-benefit analysis. One of the key findings is that the NIST Cybersecurity Framework, technically a voluntary standard from the National Institute for Standards and Technology, is becoming mandatory in some markets. Not only are many companies requiring it of their vendors for procurement, but many businesses are adopting it because it helps them run a better business. The NIST framework is the basis for BBB’s training program, “5 Steps to Better Business Cybersecurity”

The State of Small Business Cybersecurity emphasizes the need not only for education and training, but for cost-benefit analysis of cybersecurity measures. The report suggests a formula created by two professors at the University of Maryland, Martin P. Loeb, PhD and Lawrence A. Gordon, PhD, to help small business owners estimate their risk from cybersecurity attacks and calculate an appropriate investment in prevention.

“It doesn’t do any good for a small business to adopt a $10,000 solution if the potential risk reduction is only worth $5,000,” said Fanelli. “We hope this report will give small business owners greater awareness of the real and the perceived risks of cyberattacks, as well as best practices for protecting against these types of security threats. We hope it serves as a step forward in advancing cybersecurity in the marketplace.”

Source:

The post State of Small Business Cybersecurity in North America appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Corporate America still using Equifax-like software even after hack

Source: National Cyber Security – Produced By Gregory Evans

There are 50,000 potential Equifaxes looming on the horizon. Corporate America has been slow to update its open-source software, even in the wake of the Equifax hack that exposed 143 million people’s sensitive data, according to one of the central hubs for the free programs. More than 50,000 organizations are…

The post Corporate America still using Equifax-like software even after hack appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Cybersecurity firm Symantec says hackers infiltrated power grid controls in America and abroad

Source: National Cyber Security – Produced By Gregory Evans

Attempts by hackers to break into the energy sector in the US and abroad have made headlines in recent months. According to a report by the cybersecurity firm Symantec, hackers have now successfully infiltrated power grid controls in the US and Turkey, and gained access to systems “that could provide…

The post Cybersecurity firm Symantec says hackers infiltrated power grid controls in America and abroad appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Source: National Cyber Security – Produced By Gregory Evans

Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Button up your overcoat; it’s about to rain cyberthreats   Few businesspeople have as much on the line every moment of every day as grocers. When disquieting events happen at a grocery store, customers can be more than just inconvenienced. In extreme circumstances, grocery products can be the cause of…

The post Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures

William H. Macy And Stephen Colbert Call A Family Meeting For America

Actor William H. Macy had a heart-to-heart with the nation on Friday.

The “Shameless” star joined “Late Show” host Stephen Colbert for a “family meeting” with America, in which the two dads talked about pretty much everything from porn, puberty, taking drugs, Thanksgiving fireworks, where babies come from and drinking alcohol.

Their most crucial piece of advice came toward the end of the skit, however, alongside a thinly veiled dig at President-elect Read More

The post William H. Macy And Stephen Colbert Call A Family Meeting For America appeared first on Parent Security Online.

View full post on Parent Security Online

ISC2 Security Congress LATIN AMERICA

8

Source: National Cyber Security – Produced By Gregory Evans

ISC2 Security Congress LATIN AMERICA

November 29 – 30, 2016 | San Paulo, Brazil
As cyber threats and attacks continue to rise, the goal of (ISC)² Security Congress Latin America 2016 is to strengthen cybersecurity leaders by arming them with the knowledge, tools, and expertise

The post ISC2 Security Congress LATIN AMERICA appeared first on National Cyber Security Ventures.

View full post on National Cyber Security Ventures