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Current Internet Security Issues Explained

Temple Company's common stock dividends have grown over the past 5-year period from $0.60 per share to $0.89 (today). Assume that Temple's dividends are expected to grow at this rate for the foreseeable future. Temple's stock is currently selling for $12 per share. New common stock can be sold to net the company $11 per share. Determine the costs of internal and external equity to Temple.

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Ahad Sultan
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0% found this document useful (0 votes)
22 views15 pages

Current Internet Security Issues Explained

Temple Company's common stock dividends have grown over the past 5-year period from $0.60 per share to $0.89 (today). Assume that Temple's dividends are expected to grow at this rate for the foreseeable future. Temple's stock is currently selling for $12 per share. New common stock can be sold to net the company $11 per share. Determine the costs of internal and external equity to Temple.

Uploaded by

Ahad Sultan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

openHPI – Internet Security

Course Update: Current Security Topics


Prof. Dr. Christoph Meinel
Hasso Plattner Institute, Potsdam, Germany
Overview

In this video, we want to address some of the topics that have


become particularly explosive during the course ...
■ Privacy:
□ Facebook and Cambridge Analytica
■ Botnets:
□ GitHub DDoS Attack
■ Ransomware
■ Mobile Security
□ Stagefright vulnerabilities are still an issue
■ Hardware security
□ Do not relax even though Meltdown and Spectre CPU
vulnerabilities are patched

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 2
Facebook and Cambridge Analytica

2015: Dr. Alexander Kogan proposes a Facebook App for


Personality Prediction “thisisyourdigitallife” for psychology research
■ ~270.000 user, gave consent for access of, e.g., their city,
content they liked, or friends’ information
■  Data of friends was also collected if their privacy settings
allowed it, overall data collected of around 50 million users
■ Although only allowed for research, data was passed from
Kogan to 3rd party companies like Cambridge Analytica
□ Cambridge Analytica (mis-)uses data for political and
governmental analytics all over the world

Remember: Come to informed decisions about what data you put


on social networks and carefully manage your privacy settings

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 3
GitHub DDoS Attack 1/3:
DDoS, IP Spoofing and Amplification Attacks

Reminder: Distributed Denial of Service attacks


■ A variety of attack sources are synchronized to run a Denial
Of Service attack on a specific service
■ Goal: Termination of the functionality of the service

IP Address Spoofing:
■ An attacker posing as a trusted sender generates and sends
data packets with a faked IP sender address to his/her victim

Amplification Attacks:
■ Goal: Power of any attack is increased with low effort
■ Usually via exploitation of specific vulnerabilities or properties
of protocols or software to increase impact of attack

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 4
GitHub DDoS Attack 2/3: Memcached, UDP

Memcached: open source software for faster access to data


that is frequently used, e.g. website data
■ Usually behind firewalls, not reachable via public Internet
UDP: Lightweight, connectionless protocol
■ No sender-receiver handshake in the beginning
■ Provides no guarantee that data is delivered
Amplification Attack:
■ The attacker finds publicly reachable Memcached instances
(often due to misconfiguration of instance)
■ Attacker requests large content with a small UDP package
□ Attacker forges client IP address of request with target IP
of victim and server will send response to victim IP
■  Memcached replies large content to victim IP

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 5
Github DDos Attack 3/3: Attack Details

GitHub: World‘s largest community of developers with over 80


million repositories with (open) source code of software
On February 28, 2018 GitHub was unavailable for some minutes
Attack:
■ DDoS attack from over 10.000 unique endpoints worldwide
■ Attackers used amplification attack via publicly reachable
memcached instances
□ Amplification factor of up to 51.000!
– 1 Byte sent by attacker = 51KB sent to sender
□ At maximum, 1.35TBps / 126.9 million packets per
second were sent to GitHub
Mitigation:
■ Routing to GitHub changed to identify and block attackers

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 6
Ransomware - Effective Protection

Preventing infection
■ Always be careful with email attachments
■ Keep systems updated to prevent infection while surfing
■ Use current antivirus software (does not always help!)
Regular data backup
■ If the infection is successful, the system must be reinstalled
completely
■ Regular backups protect against data loss
■ Backup should be done on external medium
□ Connect the USB hard disk only for backup, then disconnect
□ use special software when backing up network shares, do not
permanently embed share as network drive

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 7
Ransomware – To Pay or Not To Pay?

There is no comprehensive answer to this question as so many


aspects must be considered case-by-case
■ German government cybersecurity agency BSI generally
advises against payment
□ Payment supports criminal business model
□ Data is not always decrypted despite payment
□ Instead: Take screenshots and report incident to police
□ Store any encrypted data for later decryption attempts
■ Cases are also known where the data has been decrypted
after payment
□ A Los Angeles hospital paid $ 17,000 US for decryption of
patient records
□ Where the value of the decrypted data exceeds extorted
amount, payment then makes economic sense

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 8
Mobile Security: Vulnerabilities

Smartphones and their operating systems, just like "normal"


computers, have specific vulnerabilities

■ Modern smartphones are computers with a specially adapted


operating system and specific applications:
□ Android: Based on GNU/Linux
□ iOS: Uses common core with Mac OS X from Apple

■ Linux and OS X vulnerabilities can thus also affect other


smartphone versions ...

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 9
Mobile Security:
Spectacular Vulnerability Stagefright

Reminder: Stagefright is a library for viewing and processing


multimedia (video and audio) on Android systems
■ Vulnerability in Stagefright library was announced on July 27, 2015:
□ applies to ~ 1 billion Android phones (Versions 2.2 - 5.1)
□ exploit can be installed in any multimedia file, for example:
– mobile phone receives an MMS (default settings allow
automatic downloading of MMS)
– exploit is executed, attacker gets full control of the cell phone
and deletes the MMS message
□ switching off MMS reception does not work as Exploit can also be
run with any other applications that work with multimedia:
browser, email, Facebook app, etc.

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 10
Mobile Security:
Stagefright Update Timeline

Original bug fixes by July 2015


■ But: But updates themselves were flawed, so there was a new
update in August 2015
■ In October 2015 Stagefright 2.0 was released
■ In the following years (2016 – 2018), many more critical
Android vulnerabilities were detected in the Stagefright library
(concerning all modern Android versions)

 Stagefright vulnerabilities have been around for


many years and still pose a persistent problem

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 11
Mobile Security:
Measures Against Stagefright

Basically, install latest updates as soon as they are available


But for many older smartphones with an adapted Android variant,
new updates are often not applicable
■ Switch off automatic MMS reception in the messaging
application settings
■ Do not use applications on Android mobiles/ tablets (except
recent version of Firefox) if no current update has been
installed
□ remove applications like email, Twitter, Facebook, etc.,
which can process multimedia data from the Internet - or
refrain from using it
■ If you can not do without these applications, buy a new
smartphone or switch to updated version of LineageOS (not for
all devices available, change at your own risk!)

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 12
Hardware Security: Background

Background: An Operating System manages computer hardware


(CPU, memory) and controls applications, however, at the end,
the program code together with other programs is executed on
the hardware
■ Low-level access to the hardware allows an attacker to
ignore all security mechanisms on the OS level
■ Intel and AMD CPUs have an autonomous computer inside,
which runs even when main computer is turned off
□ Intel Management Engine could be used for remote
management of the PC
□ A portion of network traffic goes to Intel ME before the
main operating system
■ Hardware vulnerabilities can be exploited to get such low-level
access

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 13
Hardware Security: CPU vulnerabilities

January 2018: The hardware vulnerabilities Meltdown and


Spectre in branch prediction mechanism (used for higher
CPU performance) got a lot of attention in the media
 Already discussed in Excursion 2 of Week 6
Some other CPU vulnerabilities were not so much discussed:
■ May 2017: Vulnerability in Intel Active Management
Technology (based on the Intel Management Engine)
allows a network attacker to get full control over the
computer
□ since 2011 it affects many computers with Intel CPUs
■ November 2017: Two more vulnerabilities published
■ March 2018: Vulnerabilities published for AMD Platform
Secure Processor (analog of Intel ME)

Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 14
Hardware Security:
Measures Against CPU vulnerabilities

Stay updated
■ However, updating operating system and software seems to
be not enough anymore
□ regularly checking news and advisories on your hardware
(not only including CPU) is recommended
□ in case of Intel Active Management, Intel offers a tool to
check for the vulnerability:
[Link]
□ motherboard manufacturers are responsible for providing
updates
For some Intel CPUs, a number of tools (me cleaner) or
instructions are available to remove/disable/damage Intel ME
■ Removal can be technically very complicated and/or can
damage your PC!
Course Update: Current Security Topics | Internet Security | Prof. Dr. Ch. Meinel 15

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