Thursday, June 19, 2014

A new king will not affect cybersecurity



"Today it begins a renewed monarchy for new times." Here's how the new King of Spain, Felipe VI, declared this morning his intention to look to the future in this new phase. We do not know exactly if it will really drive a change in the political and institutional life of the country. What we can assure you is that in the field of cyber threats it will not have any effect at all.

We will continue to suffer malware infections, whether they are Trojans disguised as a WeChat app, as Kaspersky warns, or Trojans that are distributed on Facebook to infect user’s device in order to mine Bitcoins.

Indeed, we cannot expect that cybercriminals lose interest of infecting as many computers as possible to mine virtual currencies. In fact, it has recently been discovered that a German hacker generated more than $ 620,000 in Dogecoin after hijacking an undetermined number of network storage devices.

In recent times, we have also learned that a cybercriminal ring managed to obtain the source code of Symbian, the mobile operating system that Nokia was developing at that time, six years ago. The criminals demanded a millionaire ransom in exchange for not publishing such code on the Internet. The Finnish company finally gave in to the extortion. Although these stories do not happen every day, the new king will not discourage cybercriminals of trying this type of attack anyway.

And, despite the changes in the upper echelons of the state, the youngest citizens will keep visiting content on the Internet that is not appropriate for them. Today, 39.9% of visits that Spanish children pay to websites are to those containing pornographic content and 24% of them to illegal software sites, according to information provided by Kaspersky Lab.

But fortunately, Spanish law enforcement will also continue to investigate and prosecute all crimes that take place in cyberspace, as the FBI does in the U.S. There they have arrested a hacker who is believed to be a member of NullCrew group. He faces a maximum penalty of 10 years in prison and a $ 250,000 fine for his role in attacks on two universities and three companies.

Today is undoubtedly a historic date, but as we have said before, the field of cyber security will not be affected. Therefore, we must not let the institutional events that are taking place today distract us from cyber threats. If you are interested in this exciting world, we invite you to follow us on any of our social channels (find the links at the right sidebar) or here on our blog.

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