Toymaker VTech Waves Away Security Responsibilities After Major Breach

Here is the weekly roundup :

Hackers Encrypt Hollywood Hospital’s Systems with Ransomware
For nearly a week, the computer systems at Hollywood Presbyterian Memorial Medical Center have been crippled by the work of malicious hackers who are seeking a ransom in exchange for restoring the hospital’s systems.

Russian Cyberespionage Group Uses Linux Trojan
A Russian cyberespionage group known as Pawn Storm have been targeting and infecting Linux systems with a simple yet effective Trojan program that does not require highly privileged access.

Toymaker VTech Waves Away Security Responsibilities After Major Breach
Following a comprehensive breach that saw the details of nearly 6.3 million kids stolen, internet-connected toymaker VTech has now revealed a clause in its Terms and Conditions that allows the toymaker to brush away any responsibility in the event of a future breach.

The IRS Successfully Stops Hackers
The IRS has revealed that it successfully denied hackers who attempted to steal taxpayers’ electronic filing PINs. In the lead-up to tax season, the attack is the latest attempt to steal taxpayer data. While the IRS has previously been breached, the service has successfully kept hackers at bay this time around.

Instagram Adds Two-Factor Authentication
It’s a long over due move but it’s better late than never. Social network Instagram has confirmed that it will be adding two-factor authentication as a security measure to keep millions of user accounts away from the hands of malicious hackers.

Interesting Reading From Around the Web:

300,000 American Homes Open To Hacks Of 'Unfixable' SimpliSafe Alarm
“There is something terribly wrong with the alarm industry.” Thus reads marketing material on the site of SimpliSafe, a Boston-based “smart” alarm provider with more than 300,000 customers in the US. It’s been on a mission to improve home security since it formed in 2006 by using cellular technology to warn customers via their smartphone if someone has broken in, whilst allowing them to control alarms from afar. Ironically, their systems are vulnerable as well.

The Great EMV Fake-Out: No Chip For You!
Many banks are now issuing customers more secure chip-based credit cards, and most retailers now have card terminals in their checkout lanes that can handle the “dip” of chip-card transactions (as opposed to the usual swipe of the card’s magnetic stripe). But comparatively few retailers actually allow chip transactions: Most are still asking customers to swipe the stripe instead of dip the chip. This post will examine what’s going on here, why so many merchants are holding out on the dip, and where this all leaves consumers.

Dridex Malware Infections Rise: Symantec
Built to collect victims’ banking credentials, Dridex is now one of the most dangerous pieces of financial malware in circulation, according a new Symantec whitepaper.

Upcoming Events:

OWASP NYC Chapter Meeting

Ondrej Krehel, CEO of LIFARS, will be the featured speaker at the February OWASP NYC meeting.

The topic: Web Vulnerabilities and Hacks Observed in Forensic Investigations.

February 26, 2016, 6 PM, New York, NY

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Technology Managers Forum

LIFARS is a proud sponsor of the Technology Managers Forum. Join us at the event to find out how LIFARS and its partner Cyphort can help you cut the detection and response time to cybersecurity threats.

March 24, 2016, New York, NY

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Your Digital World Secured: How to Prevent Personal & Corporate Hacking

Eventsy teams up with LIFARS, NYC's elite cybersecurity firm, to bring you a diverse panel on Media Cyber Security and a rich evening of networking!

We are thrilled to present: How to Prevent Personal & Corporate Hacking: a premiere panel featuring speakers with experience in the FBI, Secret Service, digital forensics, and more. Come learn how to protect yourself on both the personal and corporate level in our new media-rich era and earn 2 CPE credits.


March 31, 2016, New York, NY

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LIFARS at the QuBit Conference 2016

Always wanted to visit Prague? Now is your chance! Yet another good reason to visit - the QuBit Conference. So what are you waiting for? Tickets won't be this cheap for long!

Special packages are now available!

April 12-14, 2016, Prague, Czech Republic

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DataSolutions Secure Computing Forum

The 4th annual Secure Computing Forum brings world-class speakers together to discuss various aspects of cybersecurity and the way they are all interconnected in protecting your brand and securing your business.

May 12, 2016, Dublin, Ireland

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Featured Content:

Corporate Cyberattacks - New Case Study

A global money transfer organization with presence in over 100 countries and over 300,000 payment points suffered losses in excess of $5 million annually due to an easy-to-carry out type of cyberattack. With many challenges along the way, our team was able to identify, remediate, and implement prevention solutions that prevented further losses.

Free Download

Cybersecurity and Privacy Guide

Like a thief cuts through a bike lock, hackers can override your technology’s security measures. To keep us mindful of security best practices, Assurex Global’s “go to” resource for digital forensics and cybersecurity, LIFARS, has answered questions we should all be asking.

Free Download

Q&A w/ Experts:

Brigitte Volochinsky on HIPAA

Brigitte Volochinsky, Esq., CHPC is a healthcare attorney licensed to practice law in New York and New Jersey. In this Q&A, Brigitte dives into HIPAA and data breaches in the healthcare industry.

Read Full Q&A

Featured Article:

Protect Your Kids Against Identity Theft

You know that you need to check your credit reports regularly to look for suspicious activity. But what you might not know is that even people with no credit history, like your underage children, can become victims of identity theft. Here’s an overview of the problem and what you can do to protect your kids.

Read at Ivenstopedia

Going to Enfuse? Save on Tickets with LIFARS

Enfuse (formerly CEIC) is one of the biggest cybersecurity events of the year and we have partnered up with Guidance Software to bring you special savings on registrations.

For groups of three or more, use this link to contact enfuse to get a special code.
For individual discount, please use the promo code "LIFARS" (no quotes) when registering to get $200 off. The offer ends on February 28, so act fast!

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