Security Roundup: Q1 2014 sees surge in Bitcoin wallet attacks

Kaspersky reports on recent Bitcoin hacks
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This week’s roundup includes Kaspersky’s Q1 2014 report, the nine cyber attacks that cause 92 per cent of all security incidents, and more.

Kaspersky Lab has found that the first three months of 2014 saw a surge in Bitcoin wallet attacks.

Among the more newsworthy were the hack of MtGox, one of the biggest Bitcoin exchanges, as well as the hacking of the personal blog and Reddit account of MtGox CEO, Mark Karpeles. The information was used to post the MtGox2014Leak.zip, which turned out to be malware capable of searching for and stealing Bitcoin wallet files from victims.

Meanwhile, Verizon has found that there are nine basic cyber attacks that cause 92 per cent of all security incidents.

Having analysed ten year’s worth of data covering 100,000 security incidents, Verizon has found that 92 per cent can be traced back to either malware attacks, device loss of theft, distributed-denial-of-service (DDoS) attacks, payment card skimming, web app attacks, cyber-espionage, point-of-sale intrusions, insider theft and miscellaneous errors.

In other news:
Cisco has launched its Managed Threat Defence, a managed security solution that applies real-time, predictive analytics to detect attacks and protect against advanced malware across customers’ extended networks.

Bromium is set to issue a report on LOL (Layer on Layer) attacks, which can bypass virtually any piece of security software. The research will be made public for the first time at Infosecurty Europe and BSides London next week.

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