Apple has issued a statement regarding the Meltdown and Spectre vulnerabilities, confirming all Mac systems and iOS devices are affected, but saying there are no known exploits impacting customers at this time.
The researchers who discovered the vulnerabilities said that "almost every system," since 1995, including computers and phones, is affected by the bug. The researchers verified their findings on Intel chips dating back to 2011, and released their own proof-of-concept code to allow users to test their machines.
"An attacker might be able to steal any data on the system. Meltdown is not only limited to reading kernel memory but it is capable of reading the entire physical memory of the target machine," said Daniel Gruss, a security researcher who discovered the Meltdown bug,
FCC Chairman Ajit Pai may have canceled his plans to speak at the CES tech trade show next week due to death threats, citing anonymous sources inside the agency.
Pai has come under heavy criticism by net neutrality supporters after the agency voted in December to dismantle rules passed by the former administration (to ensure that all traffic on the internet is treated equally and to prevent broadband and wireless providers from blocking or slowing online content).
Pai announced recently that he would forgo his appearance at the tradeshow, declined to explain why.
The U.S. Justice Department on Tuesday unsealed the guilty pleas of two men first identified in January 2017 by KrebsOnSecurity as the likely co-authors of Mirai, a malware strain that remotely enslaves so-called “Internet of Things” devices such as security cameras, routers, and digital video recorders for use in large scale attacks designed to knock Web sites and entire networks offline (including multiple major attacks against this site).
Entering guilty pleas for their roles in developing and using Mirai are 21-year-old Paras Jha from Fanwood, N.J. and Josiah White, 20, from Washington, Pennsylvania.
The South Korea Cryptocurrency Exchange Youbit shuts down after suffering a major cyber attack for the second time this year. The company announced bankrupt on Tuesday after being hacked for the second time in the last eight months, the company declared it had lost 17 percent of its assets in the last attack.
This is the first time that a cryptocurrency exchange based in South Korean has gone bankrupt.
The US FCC voted along party lines to repeal landmark 2015 rules.
The net neutrality rulese wre aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.
The approval of FCC Chairman proposal marked a victory for internet service providers like AT&T Inc., Comcast Corp, and Verizon Communications Inc and hands them power over what content consumers can access.
After a highly eventful 2017, when an increasing number of cybersecurity incidents grabbed headlines in the mainstream media and will no doubt generate further vibrant discussions about the threat landscape in 2018:
1. Expansion of cyberthreats and cyberattacks 2. Ransomware will remain in great demand among cybercriminals, 3. Attacks aimed at critical infrastructure are set to continue to generate headlines, 4. Electronic voting systems are grappling with vulnerabilities of their own
Ultimately, 2018 brings further successful investigations that will continue to lend a hand to authorities to ultimately make the internet a safer place for everyone - except cybercriminals.