News by Professionals 4 Professionals

Illinois

Reference Library – USA – Illinois

Spooked by spike in cyber extortion, businesses stockpile bitcoin for …

SAN FRANCISCO U.S. corporations that have long resisted bending to the demands of computer hackers who take their networks hostage are increasingly stockpiling bitcoin, the digital currency, so that they can quickly meet ransom demands rather than lose valuable corporate data. The companies are responding to cybersecurity experts who recently have changed their advice on how to deal with the growing problem of extortionists taking control of the computers.

It s a moral dilemma. If you pay, you are helping the bad guys, said Paula Long, chief executive of DataGravity, a Nashua, New Hampshire, company that helps clients secure corporate data. But, she added, You can t go to the moral high ground and put your company at risk.

A lot of companies are doing that as part of their incident response planning, said Chris Pogue, chief information security officer at Nuix, a company that provides information management technologies. They are setting up bitcoin wallets. Pogue said he believed thousands of U.S. companies had prepared strategies for dealing with hacker extortion demands, and numerous law firms have stepped in to facilitate negotiations with hackers, many of whom operate from the other side of the globe.

Symantec, a Mountain View, California, company that makes security and storage software, estimates that ransom demands to companies average between $10,000 and $75,000 for hackers to provide keys to decrypt frozen networks. Individuals whose computers get hit pay as little as $100 to $300 to unlock their encrypted files.

If you re hit by ransomware today, you have only two options: You either pay the criminals or you lose your data, said Raj Samani, chief technical officer at Intel Security.

We underestimated the scale of the issue. Hackers often send out email with tainted hyperlinks to broad targets, say, an entire company. All it takes is one computer user in a company to click on the infected link to allow hackers to get a foothold in the broader network, leading to hostile encryption.

At least one employee will click on anything, said Robert Gibbons, chief technology officer at Datto, a Connecticut company that offers digital disaster recovery services. Law enforcement counsels U.S. businesses not to succumb to ransom demands, urging them to keep backup copies of their data in case of hostile encryption.

The official FBI policy is that you shouldn t pay the ransom, said Leo Taddeo, chief security officer for Cryptzone, a Waltham, Mass., company that provides network security. Until 2015, Taddeo ran the cyber division of the FBI s New York City office.

But practical considerations increasingly are dictating a different approach. It s an option to pay the ransom to get back up and running. Sometimes it s the only option, Taddeo said.

But it has downsides, he added. Paying ransom just invites the next attack. Moreover, 1 in 4 companies that pay ransoms never get their files restored, Gibbons said. The idea of rewarding extortionists with payment makes some technologists see red.

That makes me super mad, said Lior Div, chief executive of Cybereason, a Boston-area cybersecurity company. There are things that are unacceptable, and we need to fight them.

Div and his company have done something about the extortion epidemic. They built a product called RansomFree that claims to detect 99 percent of all ransomware strains. So far, the free software has been downloaded 125,000 times, the company says. As extortionists get more sophisticated, researchers say, they are modifying their malicious code, their infection strategies and the way they collect payments.

Once they weasel their way into your network, they now take a look around.

They ll actually explore your system to see how much money they can squeeze from you, said Andrei Barysevich, director of advanced collection at Recorded Future. And they won t offer any sympathy, no matter how valuable the encrypted data, even if lives are at stake, say, in a health care network. They may even say they are doing nothing evil.

They actually think they are on the moral high ground. They think the companies should have paid more for security, said Barysevich, who spoke at a presentation this week at the annual RSA cybersecurity conference in San Francisco, which bills itself as the world s leading gathering of cybersecurity specialists. One of the reasons midsize and large companies are storing bitcoin for emergency use is that extortionists, once they succeed at penetrating a system, commonly give a deadline for payment before destroying data. But victims can t rush out and buy bitcoin in a day or two.

It takes at times a week for (brokers) to process you, Barysevich said.

Setting up the wallet ahead of time, Pogue said, allows businesses an option that is quick, although perhaps repugnant.

If they need to go to it, they are not spinning their wheels standing up a bitcoin wallet, Pogue said.

Previous Page|1|2|Next Page|Spooked By Spike In Cyber Extortion, Businesses Stockpile Bitcoin For ... Comments[1]

References

  1. ^ Next Page (www.saukvalley.com)

Trump’s orders on immigration could shift Mexico’s thinking

A huge surge in detention. Illegal immigrants who came up through Mexico[1] being shipped quickly back to Mexico[2]. National Guard[3] troops arresting illegal immigrants across the West. After years of neglect, immigration enforcement is proving to be a fertile space for action and for speculation, as draft reports leak out of Homeland Security, frightening immigrant rights groups and thrilling President Trump s backers who have longed to see this sort of crackdown. The White House[4] has shot down some of the reports, including a draft memo obtained by The Associated Press that envisioned 100,000 National Guard[5] troops patrolling from Oregon to Louisiana, empowered to arrest illegal immigrants.

There is no effort at all to round up, to utilize the National Guard[6] to round up illegal immigrants, White House[7] press secretary Sean Spicer[8] told reporters last week, responding to the AP report.

Still, Mr. Trump has gotten off the blocks quickly on immigration, issuing a series of executive orders that, if fully carried out, could fundamentally shift the risk calculus for Mexico[9] and for the hundreds of thousands of Central American illegal immigrants who have streamed through that country en route to the U.S. in recent years.

We ve taken historic action to secure the southern border. And I ve ordered the construction of a great border wall, which will start very shortly. And I ve taken decisive action to keep radical Islamic terrorists the hell out of our country, Mr. Trump said Saturday night in Florida, holding a campaign-style rally to take stock of his first month in office. He was deploying Homeland Security Secretary John F. Kelly on Wednesday to Guatemala, source of some of the new surge of illegal immigrant children and families. Mr. Kelly is expected to meet with President Jimmy Morales and observe a return flight of deportees from the U.S. to Guatemala. He ll then travel to Mexico[10], where he and Secretary of State Rex W. Tillerson will talk border security and trade with Mexican President Enrique Pena Nieto.

Back home in the U.S., Mr. Kelly is dealing with the fallout from a series of raids rounding up illegal immigrants earlier this month.

blog comments powered by [17]

References

  1. ^ Mexico (www.washingtontimes.com)
  2. ^ Mexico (www.washingtontimes.com)
  3. ^ National Guard (www.washingtontimes.com)
  4. ^ White House (www.washingtontimes.com)
  5. ^ National Guard (www.washingtontimes.com)
  6. ^ National Guard (www.washingtontimes.com)
  7. ^ White House (www.washingtontimes.com)
  8. ^ Sean Spicer (www.washingtontimes.com)
  9. ^ Mexico (www.washingtontimes.com)
  10. ^ Mexico (www.washingtontimes.com)
  11. ^ Mexico (www.washingtontimes.com)
  12. ^ Mexico (www.washingtontimes.com)
  13. ^ National Guard (www.washingtontimes.com)
  14. ^ Mr. Spicer (www.washingtontimes.com)
  15. ^ White House (www.washingtontimes.com)
  16. ^ comments powered by Disqus. (disqus.com)
  17. ^ blog comments powered by (disqus.com)

Lindell Wigginton’s past makes him perfect as Iowa State’s future

CLOSELindell Wigginton's Past Makes Him Perfect As Iowa State's Future Lindell Wigginton's Past Makes Him Perfect As Iowa State's Future

Wigginton is the top recruit Steve Prohm has landed at Iowa State and one of the highest-rated recruits to pick the Cyclones. Wochit

Lindell Wigginton's Past Makes Him Perfect As Iowa State's Future

Oak Hill guard Lindell Wigginton is expected to make an immediate impact for Iowa State in 2017-18.(Photo: Brian Fluharty/USA TODAY Sports)

When Iowa State recruit Lindell Wigginton walks into the Oak Hill Academy gym each day, he passes by pictures, jerseys and banners that honor the prodigious talents who have played there before him. Jerry Stackhouse, Carmelo Anthony and Rajon Rondo all suited up at Oak Hill Academy and guided the program to national powerhouse prominence before heading off to college and the NBA. Like them, Wigginton has came to the secondary school in Virginia to chase his NBA teams.

I m not really star-struck at anything, Wigginton said. It just motivates me to work hard and try to get where they re at. Wigginton’s next stop will be in Ames. He’s the top recruit Steve Prohm has landed at Iowa State and one of the highest-rated recruits to pick the Cyclones. The 6-foot-1 point guard is the nation’s No. 42 player in the 2017 class and his senior season at Oak Hill has backed up that lofty ranking.

His NBA dream, though, began in a hard-scrabble neighborhood in Nova Scotia. Three years ago, he left his home there to focus on basketball.

He was smart enough to get out of there and come down here and work on his game for three years and do the things that he had to do to be the player he is now,” Oak Hill coach Steve Smith said. He d be a Division I player up there but no way would he be the player he is now.

Show Thumbnails Show Captions

When Wigginton arrived at Oak Hill, he had never lifted weights. There were struggles on the court. Wigginton, who was a star as a freshman starter at Prince Andrew High School in Canada, had to wait for playing time as a sophomore. That upset him.

He wasn t playing as much as he wanted to, Smith said. I think he thought he could just come down here and have the same success that he had in Nova Scotia. It was totally different.

Smith still knew he had something special in Wigginton. But it wasn’t easy to find him playing time on his star-powered roster full of older talent.

I knew he was going to be a Division I player, Smith said. He just had to be patient and I tried to get him minutes as much as I could.”

Lindell Wigginton's Past Makes Him Perfect As Iowa State's Future

Oak Hill Warriors guard Lindell Wigginton (5) shoots the ball in a December game against Tennessee Prep Academy during the Marshall County Hoopfest that brings several top high school basketball teams together. (Photo: USA TODAY Sports)

Wigginton stuck with with it and the patience paid off. He shifted his attention to his school work and went from a C-student to the honor roll. He hit the weight room for the first time in his life and bulked up. His game got better too. During his junior season, he moved into the starting lineup and averaged 16.4 points. Wigginton earned honorable mention All-American honors for the Warriors, who finished the 2015-16 season ranked No. 2 nationally. He became a prized prospect at a premium position. Recruiting websites took notice. ESPN, 247Sports, and Scout all ranked him a four-star recruit. Smith s phone began ringing and coaches were showing up in his office to talk about Wigginton.

Kentucky coach John Calipari called about Wigginton. Wigginton got offers from schools like Louisville, Tennessee, Oregon, Florida State and Georgia. Iowa State also came into the picture. Prohm was talking to Murray State coach Matt McMahon when Wigginton s name got brought him. McMahon worked as an assistant for Prohm at Murray State and took over when his boss left for Ames. Prohm asked McMahon last April if he d seen any good guards. McMahon recommended Wigginton. The next day, Iowa State assistant coach Neill Berry watched Wigginton play in a tournament in Dallas.

Berry was impressed by Wigginton’s explosiveness, strength at the basket and ability to make plays in traffic. He thought Wigginton would be perfect for Iowa State.

“Talented,” Berry said. “Just a strong, physical guard who could really score the basketball.”

Lindell Wigginton's Past Makes Him Perfect As Iowa State's Future

Lindell Wigginton is the highest-rated recruit Steve Prohm has landed at Iowa State. (Photo: USA TODAY Sports)

Berry relayed what he saw back to Prohm. The two quickly courted Wigginton. They built a relationship with Wigginton and his entire family.

“We talked to him a ton,” Berry said. “And we stayed in contact with him and his parents as much as we could.”

Wigginton bonded with them. He felt at home with Ames and was comfortable with Prohm and his staff. He also liked Prohm s track history of success with guards. Prohm coached future NBA guards Isaiah Canaan and Cameron Payne at Murray State. Iowa State point guard Monte Morris has also thrived in Prohm’s offense.

I feel like they were the most real people that were recruiting me, Wigginton said. They weren t telling me what I wanted to hear. They were telling me the truth. They were seeing something in me. They believed in me. Wigginton saw something in the Cyclones, too, and last October, he committed to Iowa State.[3] In November, he signed his letter of intent to play for the Cyclones.

“Lindell is a guy that as a freshman that can step into this program and play right away,” Prohm said. “He s a guy that I really like the way he plays. His mentality on the offense end he s in attack mode all the time. Defense, he can stay in front of the ball and play in transition off ball screens. Wigginton plans to move to Ames in June. In the meantime, he s in the midst of a stellar senior season at Oak Hill. The 6-foot-1 Wigginton has bulked up to 185 pounds and has been unstoppable at times this season.

He s the leader of a prospect-packed roster that includes Kansas signee Billy Preston and Texas commit Matt Coleman. In a team full of stars, he might be the best.

Earlier this month, he poured in 35 points and helped Oak Hill end Chino Hills 60-game winning streak. Just a few minutes into the game, he showed his leadership abilities.

He came to the bench after three minutes and he goes, Coach, these kids are soft, Smith said. That was his opinion of Chino Hills that their kids are soft. And he goes, I m going to take them to the track every time.

He s not cocky at all to be honest. But, he s confident. He feels like he s better than everybody else on the floor which is a good thing. He plays with that kind of confidence.

Wigginton scored 14 in the last five minutes to lead the Oak Hill comeback victory. [4]

Wigginton gets up around 7:40 a.m.daily, eats breakfast, goes to chapel and has class until 2:30 p.m. Wigginton then goes to practice until around 5 p.m. After that, he spends his nights working on his academics or his game. Iowa State guard Naz Mitrou-Long, another Canadian Cyclone, is a big fan of Wigginton’s.

He s turned it up a whole other level and went to Oak Hill and just blew up, Mitrou-Long said. It s a credit to him and his work and where he wants to be. He has the mindset of a killer and that s what makes him special. Wigginton s family follows his games on TV or the internet back in Canada. They ll make it to the United States for some games every year. It s been rewarding for his mom to see how far he s grown.

He just has that mentality that he knows what he wants, she said.

Lindell Wigginton's Past Makes Him Perfect As Iowa State's Future

Oak Hill guard Lindell Wigginton moved to the school in Mouth of Wilson, Va., his sophomore year. (Photo: Brian Fluharty/USA TODAY Sports)

There s no denying how much the move to Oak Hill has helped him on the court. Smith believes playing against the best high-schoolers there will pay off for Wigginton when he gets to Ames.

He s ready to roll right now, Smith said. He s ready to go to college. He ll play right away as a freshman. Prohm wouldn t say what his role would be on the team. But with guards Matt Thomas, Morris and Mitrou-Long graduating from the program after this season, Iowa State will have plenty of minutes available in 2017-18.

“I love everything about Lindell his personality, his toughness and I really think he s going to be able to step in and really help this program,” Prohm said. Wigginton doesn t just have his sights set on Ames. He wants to play in the NBA and join the list of Oak Hill alums who made it. Then, he can support his family like they did for him.

“I know I can get there, Wigginton said.

References

  1. ^

1 2 3 977