Thursday, February 27, 2014

The digital gold rush

The digital gold rush

"It's like they found a pot of gold at the end of a rainbow," said the specialist in numismatics Don Kagin. He was referring to the 1,427 gold coins found by a Californian couple in his garden one year ago. Minted between 1847 and 1894, they were valued at 7 million euros. One of the theories about its origin is that it is the loot from a bank robbery.

There have always been thieves and unfortunately, the bad habit of appropriating of others’ belongings seems far from be over. A group of cybercriminals have used a botnet infected with spy malware Pony to steal digital currency worth $ 220,000, as warned by Trustwave. Just the way like the robberies of the XXI century are today.



Internet is not only a mean that allows hackers stealing remotely but also a large supermarket where you can buy all kinds of information illegally stolen by criminals. The theft of user names and passwords has become commonplace. In fact, the firm Hold Security has discovered 360 million credentials in the black market.

To achieve their booty, cybercriminals are taking advantage of the user’s innocence. For example, taking advantage of the noise that has been generated around Whatsapp after its acquisition by Facebook. So, they are sending spam messages ensuring that the popular messaging app is testing a new desktop version and invite them to click on a link from which they will download a malicious program that installs banking trojans.

In other occasions, they make use of certain software vulnerabilities to compromise a device. Recently several of these flaws were found in some Apple’s solutions. Therefore, the apple’s company has been forced to release security updates for its operating system OS X, Safari browser and QuickTime player.

It’s been a while since criminal minds put mobile devices in their spotlight. Nevertheless security companies and manufacturers are fully aware of this. So, while Kaspersky has released a more secure browser for Windows Phone, Boeing develops a model of Android phone codenamed "Black" that will self-destruct if necessary and whose main target group will be government institutions and defense agencies. Anything necessary to protect "the pot of gold at the end of a rainbow".

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