The global financial messaging system, SWIFT, revealed a new security plan in the wake of a massive $81 million cyber heist from a Bangladeshi bank earlier this year. After learning how the system worked, the cyberattackers took the bank’s SWIFT code and made a series of transaction requests for cash to be sent from the country’s New York-based account to entities across Asia. It was shoddy security at its worst, but lessons were eventually learned.
Well, at least something good happened to Trump this year — for a while, things weren’t looking great. The alleged billionaire’s hotel chain was attacked twice in as many years — including once in April. It’s not all surprising given that his organization was using horribly insecure and unpatched systems that dated back more than a decade. Then, Trump’s presidential campaign leaked the resumes of prospective interns, including their names, addresses, and in some cases sensitive employment details. Let’s hope his cybersecurity strategy is better when he’s in office.
LinkedIn hack hits the headlines — for a second time
If 2016 was anything, it was the year of the repeatedly broken records. LinkedIn was the first of many hack records that was met (and later surpassed) this year. The business networking company was first hit in 2012, but the scale of the attack was only realized this year when the number of records stolen shot up by almost twenty-fold to 117 million accounts. If that wasn’t bad enough, most of the passwords were ridiculously bad — like “123456” and “linkedin.” The alleged hacker was eventually caught in the Czech Republic.
Read the rest of the list on ZDNet here: http://zd.net/2fWqBdy
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