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To wrap up, the following are list of the topics posted on this blog over the last 11 weeks 

Week 1: Introduction
Week 2: Privacy Fears Cause More to Cover Online Tracks
Week 3: Exploiting the iPhone
Week 4: Revealed: how US and UK spy agencies defeat internet privacy and security
Week 5: A lock screen vulnerability in the new ios 7 leaves users' e-mail, photos, twitter, and  other apps open to being used without permission
Week 6: FBI Warns Public That Cyber Criminals Continue to Use Spear-Phishing Attacks to Compromise Computer Networks
Week 7: WhatsApp Web site hijacked, shows pro-Palestinian message
Week 8: Hackers Target Java 6 with Security Exploits
Week 9: Aaron's computer rental chain settles FTC spying charges
Week 10: Adobe hack attack affected 38 million accounts

Week 11: Ec-council president blames cisos for industry skills gap

Week 12: Hackers steal more than a million dollars worth of Bitcoin

It was an excellent experience creating a blog and posting different articles related to current information security issues. I learned a lot from what is happening in today’s information security and I hope everyone will learn from the information posted on this blog. This block will be a good resource to all individuals who uses internet, it is critical to understand how important it is to secure our electronic devices against hackers.

Various Information Security websites were used in gathering information   to post on my blog, however, extra Credits go to http://news.cnet.com , and it is a very good website for information Security news.

 

 

 

Hackers steal more than a million dollars worth of Bitcoin

It was reported on SC Magazine that Bitcoin eWallet Inputs.io service was hacked and left unable to pay an undisclosed number of user balances of about $1.1 million.

According to a post on the Inputs.io website, “The attacker compromised the hosting account through compromising email accounts (some very old, and without phone numbers attached, so it was easy to reset).”

The wallet claims that the attackers are the same ones who managed to hack “GigaDice, another Bitcoin service. The web wallet notes that the hackers managed to gain access to the database, but stresses that passwords are secure as they are hashed on the client. “Bitcoin backend code were transferred to 10;15Hd@mastersearching.com:mercedes49@69.85.88.31

Source:

http://www.scmagazine.com/hackers-steal-more-than-a-million-dollars-worth-of-bitcoin/article/320244/

http://www.techienews.co.uk/972801/secure-bitcoin-wallet-inputs-io-hacked-unable-pay-user-balances/

ADOBE HACK ATTACK AFFECTED 38 MILLION ACCOUNTS

Here is the recent security breach that hit Adobe exposed customer IDs, passwords, and credit and debit card information.

On October 3, Adobe revealed that it had been the victim of an attack that exposed its customers’ IDs and encrypted passwords. Adobe issued the statement:

“Our investigation currently indicates that the attackers accessed Adobe customer IDs and encrypted passwords on our systems. We also believe the attackers removed from our systems certain information relating to 2.9 million Adobe customers, including customer names, encrypted credit or debit card numbers, expiration dates, and other information relating to customer orders. At this time, we do not believe the attackers removed decrypted credit or debit card numbers from our systems”.

The company said that hackers gained access to encrypted credit card records and login information for around 3 million users. But the number of affected accounts has turned out to be much higher.

Heather Edell Adobe spokesman told CNET that the investigation confirmed that the attackers obtained access to Adobe IDs and encrypted passwords for approximately 38 million active users,” he reported that the Adobe have reset the passwords for all Adobe IDs with valid, encrypted passwords that they believe were involved in the incident -- regardless of whether those users are active or not."

Following the initial report of the attack, Adobe reset the passwords on compromised customer accounts and sent e-mails to those whose accounts were breached and whose credit card or debit card information was exposed.

Source: http://news.cnet.com/8301-1009_3-57609753-83/adobe-hack-attack-affected-38-million-accounts/