"In a collaboration between CyberNews Sr. Information Security Researcher Mantas Sasnauskas and researchers James Clee and Roni Carta, suspicious backdoors have been discovered in a Chinese-made Jetstream router, sold exclusively at Walmart as their new line of "affordable" wifi routers. This backdoor would allow an attacker the ability to remotely control not only the routers, but also any devices connected to that network. "
"The bank had no firewall and used second-hand routers that cost $10 to connect to global financial networks.
Better security and hardware would have hampered the attackers, Reuters said, quoting an official investigator."
"I heard from one political dissident about a suspicious motorcycle parked in front of his London house. When the police checked it out, they found a wifi router connected to the bike's battery with the same name as his home's wifi. There's a name for this attack: "evil twin"."
"DDoS attacks are also becoming more common. Brian Krebs, an independent security researcher, observed earlier this month that the "source code" to the Mirai botnet had been released by a hacker group, "virtually guaranteeing that the internet will soon be flooded with attacks from many new botnets powered by insecure routers, IP cameras, digital video recorders and other easily hackable devices""
"The significance of the attack on Krebs is that it looks as though many of the attacks on him came from large numbers of enslaved devices - routers, cameras, networked TVs and the like. "Someone has a botnet with capabilities we haven't seen before," says Martin McKeay, Akamai's senior security expert. The DDoS arms race has just moved up a gear."
"Ddos attacks have been used to cause both financial and reputational damage to businesses and services from Sony to government websites. The attacks can last from hours to days, and typically use computers or internet routers infected with viruses to make innocent users unwitting parties to the attack.
The Lizard Stresser tool was used effectively by Lizard Squad during cyber attacks on Microsoft's Xbox Live and Sony's PlayStation Network online gaming services in December last year."
"Hackers have attacked networks in a number of countries including data centres in Iran, where they left the image of a US flag on screens along with a warning: "Don't mess with our elections", the Iranian IT ministry said on Saturday.
"The attack apparently affected 200,000 router switches across the world in a widespread attack, including 3,500 switches in our country," the Ministry of Communication and Information Technology said in a statement carried by Iran's official news agency IRNA"
"It's been said that software is "eating the world." More and more, critical systems that were once controlled mechanically, or by people, are coming to depend on code. This was perhaps never clearer than in the summer of 2015, when on a single day, United Airlines grounded its fleet because of a problem with its departure-management system; trading was suspended on the New York Stock Exchange after an upgrade; the front page of The Wall Street Journal's website crashed; and Seattle's 911 system went down again, this time because a different router failed. The simultaneous failure of so many software systems smelled at first of a coordinated cyberattack"
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