2018-02-19 | The Economic costs of malicious cyber activity, SWIFT exploitation, and PcapXray

Monday, February 19

TOP STORY

• Council of Economic Advisers (CEA) released a report detailing the economic costs of malicious cyber activity on the U.S. economy. Malicious cyber activity cost the U.S. economy upwards of $100 billion in 2016.

HACKTIVITY

• Subdomain takeover on developer.openapi.starbucks.com [29 upvotes] - $2,000 bounty for this report to Starbucks by @dpgribkov.

• Leak ██████████ information in real time through API request [65 upvotes] - $2,000 + $1,000 BONUS bounty for this report to Grabtaxi by @severus.

Lots of great reports disclosed this past weekend from Twitter, Phabricator, and Node.js.  

You can see all the latest and greatest disclosures and bounties on www.hackerone.com/hacktivity  

OTHER ARTICLES WE’RE READING

• SWIFT breaches disclosed by Russian and Indian banks

• Google’s Project Zero disclosed Microsoft Edge: ACG bypass using UnmapViewOfFile

• Krebs reports: IRS Scam Leverages Hacked Tax Preparers, Client Bank Accounts

• PcapXray - visualize a Packet Capture offline as a Network Diagram including device identification, highlight important communication and file extraction

• ETH scammers on the twitters troll @vitalikbuterin

ABOUT ZERO DAILY

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Cybersecurity is a common good; lax cybersecurity imposes negative externalities on other economic entities and on private citizens. Failure to account for these negative externalities results in underinvestment in cybersecurity by the private sector relative to the socially optimal level of investment.

CEA

 

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