Philippine Bank Chaos as Money Goes Missing From Accounts

A major Philippine bank shut down online transactions and cash machines on Wednesday after money went missing from accounts, triggering fears it had been hacked even as company officials said it was an internal computer error. Customers of Bank of the Philippine Islands (BPI) were shocked on Wednesday morning to see unauthorized withdrawals and deposits…

How computer security pros hack the hackers

The long, awkward silence is always the first sign that a previously over-confident hacker realizes he’s suddenly become the victim. It happens every time. The malicious hacker had been firing his “ion cannon” at my network address trying to overwhelm my home computer and internet connection. I had sent him an email the day before…

APT3 hackers linked to Chinese intelligence

The APT3 hacker group, which has been attacking government and defense industry targets since 2010, has been linked to the Chinese Ministry of State Security, according to a report by Recorded Future. Other attackers have been linked to the Chinese military, but this is the first time a group has been connected to Chinese intelligence,…

New IoT malware targets 100,000 IP cameras via known flaw

Over 100,000 internet-connected cameras may be falling prey to a new IoT malware that’s spreading through recently disclosed vulnerabilities in the products. The malware, called Persirai, has been found infecting Chinese-made wireless cameras since last month, security firm Trend Micro said on Tuesday. The malware does so by exploiting flaws in the cameras that a…