German Law Enforcement Officials Receive 2017 M3AAWG J.D. Falk Award for Initiating Global Takedown of Avalanche Malware
TORONTO, Oct. 04, 2017 (GLOBE NEWSWIRE) -- M3AAWG honored two German law enforcement officials today for their work in developing the global public/private collaboration that shutdown a massive malware offensive infecting computers in 189 countries and costing victims over $6 million in ransomware payments. Lower Saxony Chief Police Inspector Jörn Bisping and Senior Prosecutor Frank Lange received the 2017 M3AAWG J.D. Falk Award from the Messaging, Malware and Mobile Anti-Abuse Working group for spearheading worldwide efforts to dismantle the criminalized Avalanche platform.
A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e536b838-7da6-4b77-8a95-c5d36f2d5a62
The global cooperative efforts initiated by the German police and prosecutor's office resulted in eight arrests, 500 court orders, 37 onsite searches and 39 servers seized worldwide. Over 800,000 domains were seized, blocked or had their traffic diverted to a safe server rather than one controlled by criminals - a process known as sinkholing - making it the largest law enforcement operation to redirect malicious domains to date.
"There was unprecedented cooperation worldwide, including registries in Russia and China taking down malicious domains, and support from smaller countries with lesser-known domains. We worked out some of the processes for collaborating better, and future takedowns and activities against cybercriminals will move even faster," Bisping said in discussing the award.
A massive and complex criminal platform, Avalanche was used to deploy several attack vectors. Bots on the Avalanche network could determine if the targeted victim was accessing online banking and, if so, would plant key loggers and other malware on these systems to steal the user's login credentials. Other users would be targeted with ransomware malware. The platform also was used to recruit money laundering "mules" with a convoluted scheme to move stolen funds and ransom out of the country of origin by diverting payments between contracted sources.
In announcing the award at the M3AAWG four-day meeting in Toronto, Canada, the organization's Chairman of the Board Severin Walker said, "Global action is the only way to protect our local citizens. It's our professional responsibility to take the initiative in identifying major threats and then reach out to the international community to help confront them. Chief Inspector Bisping and Senior Prosecutor Lange did just this and millions of end-users are much safer now and have benefited from their dedication."
Five Years of Meticulously Detailed Investigation
The work behind the November 30, 2016 global Avalanche takedown started five years earlier when Bisping, with the Lower Saxony Police in Luneburg, began investigating a single cyberattack that appeared to be responsible for 200 local ransomware cases. In 2013, Lange, a senior prosecutor with the Public Prosecutor's Office in Verden, escalated the investigation to include more than 6,000 similar attacks throughout Germany. As the global scope and complexity of the Avalanche platform became known, they reached out to cybercrime experts such as the German Federal Office for Information Security (BSI) and the Fraunhofer-Institut für Kommunikation, Informationsverarbeitung und Ergonomie (FKIE), which eventually analyzed over 130 TB of captured data to identify the botnet server structure.
Lange said, "We realized through reverse engineering and other detailed analysis that Avalanche was more than just a botnet or a network running a few types of malware; it was a complete infrastructure and it would be impossible to stop without the help of other countries. By this time, we were in a position to invite the international community to work with us on three goals: to take down the servers, issue arrest warrants to those running them, and sinkhole all the families of malware we identified on the platform."
In July of 2015, German police officials asked the U.S. Federal Bureau of Investigation for assistance. This eventually led to the international takedown in late 2016 that diverted traffic headed to the known malicious domains to the collaboration team's servers and to the arrests. The investigation and the subsequent operation also involved the European police agency Europol, the European Union's Judicial Cooperation Unit or Eurojust, the U.S. Department of Justice, cybersecurity organizations such as Shadowserver, and investigators and prosecutors in more than 40 countries.
The J.D. Falk Award recognizes a significant achievement that protects end-users and the people working behind the scenes to make a better online world. The 2017 award was announced at the M3AAWG 41stGeneral Meeting in Toronto, Canada, with over 300 cybersecurity participants from around the world at the Oct. 3-5 event. M3AAWG also hosted UCENet (previously known as the London Action Plan) during the week. The M3AAWG 42nd General Meeting will be February 19-22, 2018 in San Francisco, USA.
About the Messaging, Malware and Mobile Anti-Abuse Working Group (M 3 AAWG)
The Messaging, Malware and Mobile Anti-Abuse Working Group (M3AAWG) is where the industry comes together to work against bots, malware, spam, viruses, denial-of-service attacks and other online exploitation. M3AAWG (www.m3aawg.org) members represent more than one billion mailboxes from some of the largest network operators worldwide. It leverages the depth and experience of its global membership to tackle abuse on existing networks and new emerging services through technology, collaboration and public policy. It also works to educate global policy makers on the technical and operational issues related to online abuse and messaging. Headquartered in San Francisco, Calif., M3AAWG is driven by market needs and supported by major network operators and messaging providers.
Media Contact: Linda Marcus, APR, +1-949-887-8887, LMarcus@astra.cc, Astra Communications
M3AAWG Board of Directors: AT&T; CenturyLink; Cloudmark, Inc.; Comcast; dotmailer; Endurance International Group; Facebook; Google; LinkedIn; Mailchimp; Microsoft Corp.; Oath (Yahoo and AOL); Orange; Rackspace; Return Path; SendGrid, Inc.; Vade Secure.
M3AAWG Full Members: 1&1 Internet AG; Adobe Systems Inc.; Agora, Inc.; AOL; Campaign Monitor Pty.; Cisco Systems, Inc.; CloudFlare; Dyn; Exact Target, Inc.; IBM; iContact; Intel Security; Internet Initiative Japan (IIJ); Liberty Global; Listrak; Litmus; Mimecast; Nominum, Inc.; Oracle Marketing Cloud; OVH; PayPal; Proofpoint; Spamhaus; Sparkpost; Sprint; Symantec; and USAA.
A complete member list is available at http://www.m3aawg.org/about/roster.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Messaging Anti-Abuse Working Group (M3AAWG) via Globenewswire
Följ NASDAQ OMX
Abonnera på våra pressmeddelanden.
Senaste pressmeddelandena från NASDAQ OMX
Williams Scotsman to Announce First Quarter 2018 Results on May 3, 201824.4.2018 21:59 | Pressmeddelande
BALTIMORE, April 24, 2018 (GLOBE NEWSWIRE) -- WillScot Corporation (NASDAQ:WSC) ("Williams Scotsman") today announced that it will release its first quarter 2018 financial results on Thursday, May 3, 2018, after the markets close. President and Chief Executive Officer Bradley Soultz, and Chief Financial Officer Timothy Boswell will host a conference call and webcast on Friday, May 4, 2018, at 10:00 a.m. EDT to discuss the results for the first quarter. The live call can be accessed by dialing (855) 312-9420 (U.S./Canada toll-free) or (210) 874-7774 (international). A live webcast will also be accessible via the "Events & Presentations" section of the Company's Investor Relations website https://investors.willscot.com. An archived version of the webcast will be available for 60 days following the call. About WillScot Corporation Headquartered in Baltimore, Maryland, WillScot Corporation is the public holding company for the Williams Scotsman family of companies in the United States, Can
Nasdaq Announces Results from 2018 Annual Meeting of Stockholders24.4.2018 20:00 | Pressmeddelande
Jacob Wallenberg, New Director, Elected to the Board and Nine Directors Re-elected Nasdaq Board Re-elects Michael R. Splinter as Chairman of the Board NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) stockholders today elected all nominated directors at the company's Annual Meeting of Stockholders. All directors will serve one-year terms. Elected board members include: Melissa M. Arnoldi, President of Technology & Operations, AT&T Communications Charlene T. Begley, Retired SVP & CIO, General Electric Company Steven D. Black, Co-CEO, Bregal Investments Adena T. Friedman, President and CEO, Nasdaq Essa Kazim, Governor, Dubai International Financial Center and Chairman, Borse Dubai and Dubai Financial Market Thomas A. Kloet, Retired CEO & Executive Director, TMX Group Limited John D. Rainey, CFO and EVP of Global Customer Operations, PayPal Holdings, Inc. Michael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc. Jacob Wallenberg, Chairman, Investor AB L
Inspiration Updates Proposed Acquisition of Compassion Cannabis24.4.2018 17:00 | Pressmeddelande
TORONTO, April 24, 2018 (GLOBE NEWSWIRE) -- Inspiration Mining Corporation (CSE:ISM) (the "Corporation") is pleased to announce that its ongoing negotiations with Compassion Cannabis Corp ("Compassion") and the related due diligence is going very well and ahead of the targeted date. The Corporation has commenced discussions pertaining to the terms and conditions of a proposed share exchange agreement and the resulting structure of the Corporation's board of directors. Compassion is a private Ontario company which has expertise to forward various facets of the explosive new market of the marijuana industry, including but not limited to the "Vape" market and dispensary centers for the industry. The Corporation believes that this is an extremely lucrative space with tremendous demand in the medical cannabis industry. The cannabis market is growing exponentially every day with new and exciting innovations in the industry. Compassion has narrowed down its possible research and development l
Barings Supports Liberty Hall on Refinancing of AIM Aerospace24.4.2018 16:00 | Pressmeddelande
CHARLOTTE, N.C., April 24, 2018 (GLOBE NEWSWIRE) -- Barings, one of the world's leading financial services firms, announced today that it served as the sole agent and lead arranger on first lien senior credit facilities to support Liberty Hall Capital Partners' refinancing of the existing debt of its portfolio company, AIM Aerospace. AIM Aerospace, based in Renton, Washington, is a leading designer and producer of advanced composite structures, systems, engine components and thermoplastic technology for the global aerospace industry. The company supplies thermoset and thermoplastic composite solutions to Tier 1 aero-structure and aero-equipment suppliers and to aircraft original equipment manufacturers (OEMs). "Liberty Hall appreciates the partner-like approach that Barings brought to support our investment in AIM Aerospace," said Rowan Taylor, Liberty Hall's founding Partner. "Barings' creativity in structuring, ability to move quickly and speak for the entire facility helped expedite
Appian Announces Strategic Technology Alliance with Genesys24.4.2018 15:04 | Pressmeddelande
Companies align development, marketing, and sales to deliver intelligent case management for contact center excellence RESTON, Va., April 24, 2018 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced a strategic technology alliance with Genesys®, the global leader in omnichannel customer experience and contact center solutions. The partnership will benefit organizations seeking next-generation customer engagement solutions that integrate the case management, intelligent automation, and low-code application development capabilities of Appian with the Genesys Customer Experience Platform. "Over the last several years, Serco has used Appian technology, alongside Genesys, to deliver contact solutions to its Federal customers, having processed tens of millions of cases across thousands of contact center agents through our systems. We are excited to hear about the tighter technology partnership between Appian and Genesys as it opens up the possibility to deliver more efficient solutions
Appian and KPMG Apply Artificial Intelligence to Create Business Value24.4.2018 15:03 | Pressmeddelande
Appian's low-code development platform operationalizes KPMG machine learning experience RESTON, Va., April 24, 2018 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) and KPMG LLP today announce an expansion of their strategic alliance. Together, the companies are focused on making it easier to realize the business value of artificial intelligence (AI) by combining the KPMG Ignite portfolio of AI services with the speed, features, and intelligent automation (IA) capabilities of Appian's low-code platform. KPMG and Appian will expand their relationship around AI-related applications, and Appian's platform will be leveraged by KPMG Lighthouse, a Center of Excellence for Data & Analytics, to demonstrate application and operational delivery of innovative AI services. AI technology holds immense promise for smarter decisions, faster action, and smoother business operations in scenarios ranging from frontline customer service to back-office risk management and regulatory compliance. Real-world deploym
I vårt pressrum kan du läsa de senaste pressmeddelandena, få tillgång till pressmaterial och hitta kontaktinformation.Besök vårt pressrum