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Big data spending to reach $114 billion in 2018, Botnet Found on Tor and more

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September 11, 2013
CTOvision
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bigdataHere are the top cyber news and stories of the day.

  • Multiplayer games and DoS attacks – Massively Multiplayer Online Role Playing Games (MMORPG) companies are especially concerned about denial of service attacks. Many believe that they have been targeted (perhaps by rivals) to put down the servers. Hackers and criminals may initiate these attacks in order to gain log-in credentials (which are often tied to credit cards or other payment information). If you are playing MMORPGs, make sure to track your card activity closely to ensure you protect yourself. Via Help Net Security, more here.
  • Android ‘Obad’ Trojan piggybacks on another gang’s mobile botnet – “The Obad.a Android Trojan first analysed by Kaspersky Lab in June has turned out to have an innovative and predatory ability to piggyback on botnets controlled by third-party criminal networks.” Using a third party to distribute their attacks is new, and could be quite dangerous. These attacks were most successful in Russia and nearby republics, but could affect many more users. It has been closed in Android 4.3, so if possible, upgrade your device. Via ComputerWorld, more here.
  • Damballa Reports Over 75% of HTTP Malware Evades Detection by Traditional Protection Methods – “Damballa, an advanced threat discovery company, released customer research data that indicates over 75 percent of active infections easily evade detection by traditional protection methods.” It is scary and surprising that all this malware just shoots right by products that are bill as “total” or “complete” protection. This only underscores the need for cyber training and education, as those are key factors to avoiding and eliminating cyber mishaps. Via TMC Net, more here.
  • Big data spending to reach $114 billion in 2018 – “Global spending on big data by organizations will exceed $31 billion in 2013, finds a new market forecast by ABI Research. The spending will grow at a CAGR of 29.6% over the next five years, reaching $114 billion in 2018. The forecast includes the money spent on internal salaries, professional services, technology services, internal hardware, and internal software.” This is great news to everyone who is already betting big on Big Data, and will obviously leave room for those still innovating. Clearly as our data explodes, we must manage it better, and right now Big Data innovations are managing and exploiting that data to great success. The US Federal government is investing heavily in Big Data solutions and may even drive this spend higher. Via Net Security, more here.
  • Admins work overtime as Microsoft fixes Office with bumper 7 patches – “Microsoft’s September Patch Tuesday will hand admins hours of unwanted overtime, including applying an unusually high number of patches affecting Office plus three critical patches for SharePoint Server. Of the 14 bulletins, the fact that half affect Office is probably the standout news. Only two of these seven are rated ‘critical’, but that does include one flaw (bulletin 2) that can be triggered simply by previewing an email in Outlook 2007 service pack 3 or all versions of Outlook 2010.” The issues with patch management and federal systems have been widely published, but without these critical patches, our federal information systems are vulnerable. Eventually something needs to happen in this struggle. Via ComputerWorld, more here.
  • Botnet Found on Tor – “There has been an unusual and considerable rise in the number of Tor users over the past few weeks and the reason behind it appeared to be a botnet, but no one was positive.” Apparently this massive botnet dates to at least 2009, and use an older version of Tor. It is interesting to see a network that is supposed to provide additional security has been carrying a botnet for years. Via ISS Source, more here.
  • Overcoming the zettabyte: How government is making records electronic – “By the end of 2016, the entire government is supposed to manage its email records entirely electronically (some agencies still print out emails to file them away). By the end of 2019, all records must be managed electronically.” This will create massive data warehousing and management struggles, opening up opportunities for firms in those areas. Via FedScoop, more here.
  • New browser blocks snooping adware, Google tracking – While no one is saying it can block the NSA, a new browser named Epic Privacy Browser is claiming it can block snooping adware and Google’s tracking. “The browser won’t accept third-party cookies and blocks trackers as well as ads, which often include trackers. The average Web page contains six trackers, he [Alok Bhardwaj, founder and CEO of Hidden Reflex] says, with some having up to 40.” Via ComputerWorld, more here.
  • NIST Revising Mobile Forensics Guide – “Because of the proliferation of tools to meet the forensic requirements caused by the explosion of types and models of mobile devices, the National Institute of Standards and Technology is revising and renaming its guidance. NIST has just published a draft of Special Publication 800-101 Revision 1: Guidelines on Mobile Device Forensics.” Via Gov InfoSecurity, more here.

Via CTO Vision