Monday, February 16, 2015

MC2 Post 1988 When even the Banks are Vulnerable who can be safe in a Hackers World?

Bank Hackers Steal Millions via Malware


Snapshot:   Sergey Golovanov of Kaspersky

"A Pile of Money Just Appeared at select ATM Machines..."

PALO ALTO, Calif. — In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button.

Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.

But when a Russian cybersecurity firm, Kaspersky Lab, was called to Ukraine to investigate, it discovered that the errant machine was the least of the bank’s problems.

“The goal was to mimic their activities,” said Sergey Golovanov of Kaspersky


Banking hack heist yields up to $1B

An international hacking ring has stolen as much as $1 billion from more than 100 banks in 30 countries including Russia, the U.S. and China in what could be one of the biggest banking breaches ever.

Hackers used phishing schemes and other methods to infiltriate the banks' systems and lie dormant gathering information about bank operations. 

Then, they steal funds by transferring money to fake accounts and dispensing cash from ATMs, according to a report that Russian-based Kaspersky Lab is to present Monday at a security conference in Cancun, Mexico.

"This is likely the most sophisticated attack the world has seen to date in terms of the tactics and methods that cybercriminals have used to remain covert," the lab's Chris Doggett told The New York Times, which first reported on the incident.


Half an operating system: The triumph and tragedy of OS/2

IBM doesn't make consumer, desktop operating systems anymore for a reason.

The Possible Deeper Story may relate to IBM's failed OS/2.    Wingman.

Why OS/2 got SIQ

Unfortunately, OS/2 had a crucial flaw in its design: 

a Synchronous Input Queue (SIQ).

What this meant was that all messages to the GUI window server went through a single tollbooth. If any OS/2 native GUI app ever stopped servicing its window messages, the entire GUI would get stuck and the system froze. OK, technically the operating system was still running. Background tasks continued to execute just fine.

You just couldn’t see them or interact with them or do anything, because the entire GUI was hung. Some enterprising OS/2 fan wrote an application that polled the joystick port and was supposed to unstick things when the user pressed a button. 

It rarely worked.

Ironically, if you never ran native OS/2 applications and just ran DOS and Windows apps in a VM, the operating system was much more stable.

Many OS/2 fans petitioned IBM for years to free up the operating system’s code base to an open source license, but IBM has steadily refused. The company is probably unable to, as OS/2 still contains large chunks of proprietary code belonging to other companies—

most significantly, Microsoft.



New TWiT Schedule (Effective 3/1)

Published by Lisa Kentzell on January 19, 2015

We are making some changes to the TWiT schedule. Starting the week of March 1st, a few of our shows will move to a new day and/or time:





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