Tag: password

Feds seize money from Dwolla account belonging to top Bitcoin exchange Mt. Gox

jurvetson The Department of Homeland Security has apparently shut down a key mobile payments account associated with Mt. Gox, the largest Bitcoin exchange. Chris Coyne, the co-founder of online dating service OKCupid, tweeted out an e-mail he received from Dwolla this afternoon. The e-mail states that neither Coyne, nor presumably any other Dwolla user, will be able to transfer funds to Mt. Gox. Dwolla confirmed the change to the New York Observer , which first reported the story. Dwolla received a seizure warrant from a federal court. Read 4 remaining paragraphs | Comments

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Feds seize money from Dwolla account belonging to top Bitcoin exchange Mt. Gox

How hackers allegedly stole “unlimited” amounts of cash from banks in just hours

Wikipedia Federal authorities have accused eight men of participating in 21st-Century Bank heists that netted a whopping $45 million by hacking into payment systems and eliminating withdrawal limits placed on prepaid debit cards. The eight men formed the New York-based cell of an international crime ring that organized and executed the hacks and then used fraudulent payment cards in dozens of countries to withdraw the loot from automated teller machines, federal prosecutors alleged in court papers unsealed Thursday. In a matter of hours on two separate occasions, the eight defendants and their confederates withdrew about $2.8 million from New York City ATMs alone. At the same times, “cashing crews” in cities in at least 26 countries withdrew more than $40 million in a similar fashion. Prosecutors have labeled this type of heist an “unlimited operation” because it systematically removes the withdrawal limits normally placed on debit card accounts. These restrictions work as a safety mechanism that caps the amount of loss that banks normally face when something goes wrong. The operation removed the limits by hacking into two companies that process online payments for prepaid MasterCard debit card accounts issued by two banks—the National Bank of Ras Al-Khaimah PSC in the United Arab Emirates and the Bank of Muscat in Oman—according to an indictment filed in federal court in the Eastern District of New York. Prosecutors didn’t identify the payment processors except to say one was in India and the other in the United States. Read 3 remaining paragraphs | Comments

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How hackers allegedly stole “unlimited” amounts of cash from banks in just hours

Obama orders agencies to make data open, machine-readable by default

Alpha.data.gov, an experimental data portal created under the White House’s Open Data Initiative. Data.gov President Barack Obama issued an executive order today that aims to make “open and machine-readable” data formats a requirement for all new government IT systems. The order would also apply to existing systems that are being modernized or upgraded. If implemented, the mandate would bring new life to efforts started by the Obama administration with the launch of Data.gov four years ago. It would also expand an order issued in 2012 to open up government systems with public interfaces for commercial app developers. “The default state of new and modernized Government information resources shall be open and machine readable,” the president’s order reads. “Government information shall be managed as an asset throughout its life cycle to promote interoperability and openness, and, wherever possible and legally permissible, to ensure that data are released to the public in ways that make the data easy to find, accessible, and usable.” The order, however, also requires that this new “default state” protect personally identifiable information and other sensitive data on individual citizens, as well as classified information. Broadening the “open” mandate The president’s mandate was initially pushed forward by former Chief Information Officer of the United States Vivek Kundra. In May of 2009, Data.gov launched with an order that required agencies to provide at least three “high-value data sets” through the portal. Read 6 remaining paragraphs | Comments

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Obama orders agencies to make data open, machine-readable by default

Network Solutions seizes over 700 domains registered to Syrians

While Syria’s Internet connection is back up, many of the sites hosted in Damascus have lost their domain names. As Brian Krebs of Krebs on Security reports , the domain registrar Network Solutions LLC has taken control of 708 domain names in the .com, .org, and .net top-level domains registered to Syrian organizations. The organizations affected by the seizure include the state-supported hacker group Syrian Electronic Army. Usually when there’s a domain name seizure, it’s the work of government agencies like Immigrations and Customs Enforcement or the FBI, or domains are shut down with the help of US Marshals as part of a court-sanctioned seizure related to malware. But in this case, Network Solutions appears to have seized the domains in question without coordinating with federal authorities, though its action was guided by federal regulations—domain name registration is one of the services explicitly banned in US trade sanctions enacted against Syria last year. Network Solutions has marked the seized domains with the notation “OFAC Holding,” indicating they were taken over in accordance with regulations propagated by the Department of the Treasury’s  Office of Foreign Assets Control , a unit of Treasury’s Office of Terrorism and Financial Intelligence. The vast majority of the seized domains were pointed at IP addresses assigned to the Syrian Computer Society. As we’ve reported previously, Syrian President Bashar al-Assad, who was an Army doctor and ophthalmologist before being groomed to take over for his father, was head of the Syrian Computer Society in the 1990s. He became president in 2000. The Syrian Computer Society acts as Syria’s domain registration authority and regulates the Internet within Syria, and is also believed to be connected to Syria’s state security apparatus. The Syrian Computer Society registered .sy domain names for the Syrian Electronic Army’s servers, giving the hacker group a national-level domain name (sea.sy) rather than a .com or other non-government address, signifying its status as at least a state-supervised operation. Read 1 remaining paragraphs | Comments

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Network Solutions seizes over 700 domains registered to Syrians