Sunday, August 4, 2013

Smart Bot Reads Your Facebook, Mimics You in Spear Phishing Messages

Spear phishing is increasingly getting easier for criminals trying to put together social engineering attacks, and it's all thanks to to the data you yourself post online, researchers said at a session at the Black Hat security conference in Las Vegas.

Attackers mine the posts on Twitter, Facebook, Instagram, Foursquare, and other online properties to find information that people provide about themselves, but also to mimic people's writing style, such as frequently used words, said Trustwave researchers Joaquim Espinhara and Ulisses Albuquerque during their presentation on Thursday. All this information is used to craft a message that actually sounds like someone the victim would know.

Many attack emails are actually recognizable as malicious precisely because they don't sound like something a real person the victim knows would say. But if attackers can refine the tone of the message, then they are likely to trap that victim, Espinhara and Alburquerque said.

Black Hat 2013 Bug

Microphisher
To prove their point, Trustwave researchers released a new tool at the conference which analyzes public posts and creates a "fingerprint" for each person's communication style. Microphisher uses natural language processing to analyze public posts on social networks and other online sites. Even how you use hashtags on Twitter, how long your typical sentence is, and topics you generally write about, can all be used towards determining your fingerprint, Alburquerque said.

Microphisher is intended to help organizations improve their IT security, Alburquerque said. Trustwave SpiderLabs frequently put together penetration tests and other social engieering tests to determine how effective an organization is in thwarting spear phishing. Microphisher can be used to craft messages that are similar in style and content to what a specific individual would write. With a more natural sounding and topical message, Trustwave could test the organization's security readiness much more effectively, Alburquerque said.

Imagine if attackers analyze the contents of a CEO's Twitter feed with Microphisher. They can then craft a message that mimics his or her style and send it to other employees, who would likely click on a link in the email or open the attachment because it would sound like something the CEO would normally write, they said.

The reverse is also possible, where the tool can be used to figure out which posts were legitimately written by someone and which one was faked. "The same tricks can be used to evaluate whether emails are realistic, if you know the sender's Twitter account," Alburquerque said.

Microphisher relies on statistical analysis to determine how close a message being written is to an email profile, so cannot be used to automatically generate believable phishing messages.

Stay Safe
As always, people should not click on random, unknown links or open attachments, regardless of the source. It doesn't matter if you know who the person sending the information is?since it is increasingly clear that there is plenty of information available online to create convincing fakes.

Image via Flickr user?Eliel Johnson

Source: http://securitywatch.pcmag.com/security/314402-smart-bot-reads-your-facebook-mimics-you-in-spear-phishing-messages

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Tuesday, July 30, 2013

U.S. accuses JPMorgan of manipulating California energy market

Electricity traders at a JPMorgan Chase & Co. subsidiary manipulated the California energy market for 10 months in 2010 and 2011, costing ratepayers tens of millions of dollars, government regulators charged.

The Federal Energy Regulatory Commission late Monday issued a formal "notice of alleged violations" against the Wall Street investment bank.

The notice set the stage for an announcement of an expected settlement between the financial giant and the agency. Such an agreement could come as early as Tuesday, according to people familiar with the federal investigation, who were not authorized to speak on the record.

The settlement could be close to $500 million, including civil penalties to be paid to the U.S. Treasury and disgorged profits that eventually would be credited back to California electric consumers, they said.

FERC spokeswoman Mary O'Driscoll declined to comment on the document or on possible penalties, as did JPMorgan representative Brian Marchiony.

The likely announcement of a settlement would be in line with a recent FERC enforcement action against British bank Barclays and four of its traders to pay $453 million in civil penalties in a separate case of alleged market manipulation in California and other states from 2006 to 2008.

In the JPMorgan case, FERC staff found that the bank "engaged in five manipulative bidding strategies designed to improperly obtain payments at above-market rates from the California Independent System Operator." The quasi-governmental company, based in Folsom near Sacramento, runs most of the state's electricity transmission grid.

The grid operator has estimated that California industrial, commercial and residential consumers overpaid their electric bills by $63 million.

In one of the alleged schemes, traders submitted day-ahead bids with attractively low prices to supply power. The grid operator, however, wound up being forced to make payments of tens of millions of dollars at rates far above market prices when the JPMorgan strategy was fully in place, FERC said.

The commission also alleged that JPMorgan billed the California Independent System Operator $999 per megawatt hour to ramp up power plants in the middle of the night. But then the grid operator had to pay JPMorgan $999 per megawatt hour to turn the power plants down again the next day because JPMorgan's bid turned out to be uneconomical.

The prospect of a multimillion-dollar settlement with no admission of wrongdoing would be a "laughable" civil punishment, said Tyson Slocum, director of the energy program for Public Citizen, a Washington consumer advocacy group.

"Civil fines don't go to California. They don't go to working families. They go to the Treasury," Slocum said. "Who is making California ratepayers whole?"

The charges against JPMorgan "are very similar to the kinds of shenanigans that Enron pulled," he said, referring to the now defunct Texas energy trading company, whose manipulations contributed to the California energy crisis of 2000 and 2001.

marc.lifsher@latimes.com

Twitter: @marclifsher

Twitter: @marclifsher

Source: http://feedproxy.google.com/~r/latimes/business/~3/uav-ZrXlcBw/la-fi-ferc-jpmorgan-20130730,0,1774034.story

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Monday, July 29, 2013

College elusive for some immigrants under new law

Many students whose parents entered the United States illegally are finding higher education harder to afford under an Indiana law that requires those without proof of citizenship to pay out-of-state tuition rates.

A law that took effect July 1, 2011, left non-citizens enrolled in college with few options. They could either pay out-of state tuition or drop out and wait for immigration reform to pass or apply for a work permit under a federal Deferred Action for Childhood Arrivals policy.

The Kokomo Tribune reports (http://bit.ly/1419UH9 ) a bill passed this year will help about 300 students who were enrolled on or before July 1, 2011, pay in-state tuition rates.

Sen. Jean Leising sponsored the bill and says she thought it was fair to grandfather in those students already enrolled.

Source: http://www.miamiherald.com/2013/07/28/3527033/college-elusive-for-some-immigrants.html

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Ouya Game Console Owners Not Playing Games - internet TV

The Ouya Kickstarter-funded android based game console has been eagerly awaited by gamers. And since the launch it seems the eagerness has evaporated, as a mere 27% (or less than a third) have paid for a single game.

ouya-games-consoleThe $99 console launched last month is by definition a cheap entry into the console market, and will appeal to those that are fed up with paying $40-60 for a game,? but it would be like buying a new Xbox one and not bothering to buy a game!

Many android games are of the ?freemium? variety, that is you can download a free version and pay if you want extra level or the full version. And of course, the android system makes for a great streaming device and XBMC media platform.

Most early buyers of the fledgling game console have been crowdsource investors, so possible the console is more of a trophy than a working product, and it could be that the second wave of public Ouya buyers may be a little less ?tight?.

Speaking to The Verge CEO of Ouya, Julie Uhrman put on a brave face saying that sales have been, ?better than expected,? and that, ? For 13 of the top 20 games on the system, at least eight percent of free downloads are converted into a paid purchase.?

And pointing to the fact is has literally just been released she said, ?I think there are a lot of social and mobile app developers that would kill for an 8 percent attach rate on a platform that?s 30 days old. These numbers will grow as more gamers pick up consoles and as we attract more developers, and I believe that by the end of the year we?ll see a few developers telling us they?ve made more than a million dollars on Ouya.?

As if the low sales are not bad enough, soon Ouya will have to contend with a rival android console from Google according to the WSJ. They report that the search engine giant are designing and marketing the device themselves following the success of Android which powers over 75% of all smartphones.

Welcome to WorldTVPC Blog dedicated to bringing the latest news from the world of online tv, streaming services and TV hardware. We have news, links and a comprehensive review section. Hope you enjoy and we welcome all constructive comments

Steve Sanger

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Source: http://www.worldtvpc.com/blog/ouya-game-console-owners-not-playing-games/

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Crackdown In Egypt Shows Shift In Military's Approach

In Egypt, protests against the ouster of President Mohammed Morsi turned deadly Saturday, after Egyptian security forces launched the most violent crackdown yet on those demonstrators.

The Egyptian Health Ministry says around 80 people were killed ? most of them in Cairo. The Muslim Brotherhood, from which the deposed president hails, put the death toll at nearly twice that number. Hundreds more were injured.

The crackdown may be part of a plan to seriously weaken ? if not dismantle ? the Brotherhood.

The scene was chaotic at the main morgue in Cairo, where ambulance workers and emotional relatives of those killed tried to carry their bodies inside. But the morgue was full, and many of the dead remained outside in the sweltering heat. A father whose son had been killed tearfully prayed for help.

Basma Zahran, a lawyer the Nadim Center for the Rehabilitation of Victims of Violence, says it's the first time she's she seen the morgue in this state. She adds many of those killed appear to have died from gunfire.

That's something the Egyptian government denies. But as is often the case these days, each side tells a very different story of what happened.

The Interior Minister says police used tear gas to try and disperse pro-Morsi protesters who wanted to attack their opponents at a military-sponsored rally Friday night. The Muslim Brotherhood says what happened was an unprovoked massacre of Morsi supporters, approved by the military.

Some analysts say, unprovoked or not, the crackdown signals a disturbing shift in the military's approach to the Brotherhood, which has a large political base in Egypt.

"This is a new and very troubling escalation, because even under the Mubarak regime, there was never a decision to destroy the Brotherhood," says Shadi Hamid, director of research at the Brookings Doha Center.

He adds that the generals appear to want to get rid of the group and end the debate over the forcible removal of Egypt's first democratically elected president.

"The military has decided that it can't afford to have hundreds of thousands of people camped out in different parts of Egypt for the foreseeable future ? that's no way to run a country, in their view," Hamid says.

Interior Minister Mohammed Ibrahim reinforced that notion at a news conference. He said police will come up with a plan to clear the streets after prosecutors complete an investigation into the pro-Morsi protests.

Ibrahim said he also reactivated much-hated security agencies that spy on Egyptians and were mothballed after Hosni Mubarak's ouster. He claimed the absence of these agencies is why Egypt is in turmoil now.

But with the prospect of further crackdowns, the Brotherhood made it clear that it won't go quietly. The group's spokesman, Ahmed Aref, vowed that Morsi supporters will continue their protests and seek justice for their dead comrades.

Source: http://news.wpr.org/post/crackdown-egypt-shows-shift-militarys-approach

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