JPMorgan Spent $250 mil dollars on security defense – still hacked.

In JPMorgan’s shareholder letter states on page 22. Ja,oe Dimon is Chairman and Chief Executive Officer By the end of 2014, we will have spent more than $250 million annually with approximately 1,000 people focused on the effort. This effort will continue to grow exponentially over the years. In our existing environment and at our company, … Read more

Microsoft says uninstall latest patch updates

Microsoft says MS14-045 some KB updates should be uninstalled due to crashes. ZDnet also describes an apparent flaw in KB2993651 Two of these (2970228 and 2975719) are among the updates withdrawn by Microsoft along with MS14-045. A reboot must be done after the Updates is uninstalled in the ‘Program and features’, installed updates section. So … Read more

Google trying to reduce hacking

Wired story of “Project Zero” Although initially the story is a nice feel good story of hiring George Holtz after he hacks the AT&T iPhone lock and reverse engineering the Playstation 3.   This is a small window into the life of a hacker – where one can figure out the software security cracks and … Read more

IOSCO predicts cyber space attack coming

The Financial Times discusses a potential “Black Swan” event.  International Organisation of Securities Commissions = IOSCO A Black Swan event definition: A “Black Swan” is a highly improbable event with three principal characteristics: it is unpredictable;it carries a massive impact; and after the fact, we concoct an explanation that makes it appear less random an … Read more

UPS reveals 51 stores hit by malware

UPS security incident release   2 locations in Illinois, but not near the Saint Louis area. 2033 North Milwaukee Avenue Riverwoods IL 60015 07.01.2014 08.11.2014 276 East Deerpath Road Lake Forest IL 60045 03.26.2014 08.11.2014 Also the press release says that the malware was removed by Aug 11th.