Tag Archives: crimeware

Crypto Locker Down, but NOT Out

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So, the US govt and law enforcement claim to have managed the disruption of crypto locker. And officials are either touting it as a total victory or a more realistic slowdown of the criminals leveraging the malware and bot-nets.

Even as the govt was touting their takedown, threat intelligence companies around the world (including MSI), were already noticing that the attackers were mutating, adapting and re-building a new platform to continue their attacks. The attackers involved aren’t likely to stay down for long, especially given how lucrative the crypto locker malware has been. Many estimates exist for the number of infections, and the amount of payments received, but most of them are, in a word, staggering. With that much money on the line, you can expect a return of the nastiness and you can expect it rather quickly.

Takedowns are effective for short term management of specific threats, and they make great PR, but they do little, in most cases, to actually turn the tide. The criminals, who often escape prosecution or real penalties, usually just re-focus and rebuild. 

This is just another reminder that even older malware remains a profit center. Mutations, variants and enhancements can turn old problems like Zeus, back into new problems. Expect that with crypto locker and its ilk. This is not a problem that is likely to go away soon and not a problem that a simple takedown can solve.

Make Plans Now to Attend Central OH ISSA Security Summit 2014

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Brent will be speaking again this year at the ISSA Security Summit in Columbus. 

This year he has an interesting topic and here is the abstract:

A Guided Tour of the Internet Ghetto :: The Business Value of Tor Hidden Services

Following on the heels of my last set of talks about the underground value chain of crime, this talk will focus on a guided tour of the Internet Ghetto. You may have heard about Tor, the anonymizing network that rides on top of the Internet, but this talk takes you deep inside to visit the slums, brothels & gathering places of today’s online criminals. From porn to crimes against humanity, it is all here.

This talk will discuss Tor hidden services, help the audience understand what they are, how they operate, and most importantly, how to get business and information security value from them. If you think you know the dark side of the net, think again! Not for the feint of heart, we will explain some of the ways that smart companies are using hidden services to their benefit and some of the ways that playing with the dark side can come back to bite you.

Take aways include an understanding of Tor, knowledge of how to access and locate hidden services and underground content, methods for using the data to better focus your business and how to keep an eye on your kids to make sure they aren’t straying into the layers of the onion.

 Come out and see us at the Summit and bring your friends. It’s always interesting and a great event to catch up with peers and learn some amazing new stuff. See ya there!

Twitter Stream About Online Card Fraud & Crypto Currency

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The other day, I was discussing the idea that as the world moves more strongly toward chip and pin credit cards, that the levels of online credit card fraud were likely to skyrocket. Joel, the @SCADAHacker took me to task, and I thought I would share with you our conversation (with his permission, of course.) Here it is:

@lbhuston: Time to Get Moving on Chip and PIN? ow.ly/tvyZa <There are downsides to this too. It will help physical, but up online fraud.

@scadahacker: @lbhuston Please explain your reasoning on this and why it would be any different than current mag-based cards for online purchases. [sic]

@lbhuston: @SCADAhacker The threat won’t be different, but the criminals that now work physical card fraud will migrate their value stream to online.

@lbhuston: @SCADAhacker In other words, the crime rings powered by card fraud will simply compensate for the controls by switching fraud vector.

@lbhuston: @SCADAhacker This has been historically valid, & I think applies here. Most of those rings already have online fraud skills, they extend.

@lbhuston: @SCADAhacker Make sense? Sorry, hard in 120 char bursts. Sorry for the multiples. 🙂

@lbhuston: @SCADAhacker The really sad thing is that it is the best path forward. Chip cards work, for now. Also look for forgery to accelerate. 🙁

@scadahacker: @lbhuston Agree.  Good point my friend!

From there, I went on to discuss another concern that I am focusing on at the moment, crypto currency.

@lbhuston: @SCADAhacker Sadly, another thing I am watching closely is the impacts of crypto currencies on old school political corruption. Few controls

@lbhuston: @SCADAhacker Many law enforcement & govt watchdog groups don’t have digital chops to even understand something like bitcoin. 🙁

@lbhuston: @SCADAhacker Here’s my derby talk from 2 years ago. bit.ly/QQ4Skq <The innovate crime 4 profit is why I follow a lot of this.

@scadahacker: @lbhuston Thanks bro!

As always, Joel and all of my readers are welcome. Thanks for reading what I have to say and for allowing me to voice my thoughts and concerns. If you don’t already follow Joel, you should, he is world class and in addition to being brilliant, is a heck of a nice guy, too. Reach out and Twitter and let me know what you think. Do you think card fraud is about to turn a corner? How will crypto currency influence the future political process? Am I just being paranoid? Give me a shout at @lbhuston and let me know what is on your mind.

PS – It looks like some of these ideas are being thought about around the world. Here are some other folks thinking along the same lines. Click here, here, here or here.

3 Changes in Crimeware You Can Count On

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Crimeware is becoming a significant threat to most organizations. The capability and dependence on crimeware as an attack model is growing. With that in mind, here are 3 things that the folks at MSI think you will see in the next year or two with crimeware:

1. Cross platform crimeware will grow. Attackers will continue to embrace the model of malware that runs everywhere. They will focus on developing tools capable of attacking systems regardless of operating system and will likely include mobile device platform capability as well. They have embraced modern development capabilities and will extend their performance even further in the coming years.

2. Specialized crimeware will continue to evolve. Organized criminals will continue to develop malware capable of focusing in on specific business processes, keying on specific types of data and attacking specific hardware that they know are used in areas they wish to compromise. Whether their targets are general data, ATM hardware, check scanners or the smart grid, the days of crimeware being confined to desktop user PCs are over. The new breed knows how ACH works, can alter firmware and is capable of deeper comprise of specific processes.

3. Crimeware will get better at displacing the attack timeline. Many folks consider malware to be symetric with time. That is, they see it as being operational continually across the event horizon of a security incident. However, this is not always true and attackers are likely to grow their capability in this area in the coming years. Modern malware will be very capable of making its initial compromise, then sitting and waiting to avoid detection or waiting for the right vulnerability/exploit to be discovered, etc. The attacks from the next generations will have a much longer tail and will come in a series of waves and lulls, making detection more difficult and extending the time window of control for the attackers.

MSI believes that organizations need to be aware of these threats and ideas. They must get better at detecting initial stage compromises and begin to focus on closing the window of opportunity attackers now have, once they get a foothold (in most cases days-months). Prevention is becoming increasingly difficult, and while it should not be abandoned, more resources should be shifted into developing the capability to detect incidents and respond to them.