Dissent

Jan 202018
 

Brinkwire reports:

A former Santander bank manager has pleaded guilty to £15,000 worth of computer misuse crimes after her boyfriend talked her into giving him illicitly obtained customer information.

This morning at the City of London Magistrates’ Court in England, Abiola Ajibade, 24, of Martock Court, Consort Road, Southwark, pleaded guilty to “causing a computer to perform a function to secure unauthorised access to a program or data” contrary to section 1 of the Computer Misuse Act 1990.

Her crimes took place over the course of a year, starting in August 2015 when she was aged 22.

Read more on Brinkwire.

Jan 202018
 

The arrest last week of a former CIA officer suspected of spying for China exposed one of the most significant intelligence breaches in American history. But the damage is even worse than first reported, sources familiar with the matter tell NBC News.

A secret FBI–CIA task force investigating the case concluded that the Chinese government penetrated the CIA’s method of clandestine communication with its spies, using that knowledge to arrest and execute at least 20 CIA informants, according to multiple current and former government officials.

American officials suspect China then shared that information with Russia, which employed it to expose, arrest and possibly even kill American spies in that country, said the current and former officials, who declined to be named discussing a highly sensitive matter.

Read more on NBC.

via @Reka_Niewidka

Jan 192018
 

Fionn Hargreaves reports:

A schoolboy hacker impersonated a CIA director to gain access to top secret military reports, a court heard yesterday.

Kane Gamble was just 15 when he posed as CIA chief John Brennan from his Leicestershire home, even taking control of his wife’s iPad.

The teenager gained access to passwords, personal information, security details, contacts lists and sensitive documents about operations in Afghanistan and Iraq.

Gamble, who founded the pro-Palestinian group ‘Crackas With Attitude’, taunted the security service on Twitter about his successes.

Read more on Daily Mail.  See also The Telegraph for additional details about many of the targets/victims.  Gamble had pleaded guilty in October, but this was the first time some of the details came out publicly.

Jan 192018
 

Ah, I’m having flashbacks to the days when some of us debated whether the TJ Maxx breach would have any significant impact and how could we determine impact.  

Bruce Schneier cites  a research report,“Long-term market implications of data breaches, not,” by Russell Lange and Eric W. Burger.

From key findings:

  • While the difference in stock price between the sampled breached companies and their peers was negative (1.13%) in the first 3 days following announcement of a breach, by the 14th day the return difference had rebounded to + 0.05%, and on average remained positive through the period assessed.
  • For the differences in the breached companies’ betas and the beta of their peer sets, the differences in the means of 8 months pre-breach versus post-breach was not meaningful at 90, 180, and 360 day post-breach periods.

Read more on Security Boulevard.