Security Talk 13 | Microsoft Internet Explorer/Edge no longer the best browser to download Chrome! | Summary and Q&A

TL;DR

Microsoft's Internet Explorer had a malicious advert leading to a malware website, Google acquires FARSTOTAL, a fake Elon Musk Bitcoin scam on Twitter, ransomware continues to profit, and websites' privacy policies are not as protective as they claim.

Key Insights

• 🥺 Microsoft's Internet Explorer had a serious security flaw, leading users to a malware website, highlighting the importance of staying updated and vigilant.
• 🧑‍💻 Google's acquisition of FARSTOTAL further shows the consolidation of tech companies and their focus on integration.
• 🏃 The fake Elon Musk Bitcoin scam on Twitter exemplifies the effectiveness of social engineering and the need for users to exercise caution.
• 🖤 Ransomware attacks continue to be profitable due to the lack of effective solutions for data recovery, emphasizing the need for preventative measures and improved security.
• 👤 Websites' privacy policies and cookie usage often fall short of protecting user data, with claims of improved privacy simply being obstacles to accessing their services.
• 👤 User awareness and education are crucial in combating security threats and scams, as even verified accounts can be compromised.
• 🤞 Efforts by security researchers to release decrypters for ransomware strains provide hope for victims, but a comprehensive approach is needed to combat this ever-present threat.

Transcript

hello and welcome to you security talk the third best most infrequent show on the internet followed by the website is down and down oft one this is episode I don't remember at my password to that and now we have a good name for a security top video so kicking things off we have some really interesting news this week more like the week before but yo... Read More

Questions & Answers

Q: How did Microsoft's Internet Explorer become a gateway to a malware website?

Microsoft's Internet Explorer had a malicious advert that appeared when searching for Google Chrome, leading users to a malware website. Unfortunately, this went unnoticed for several months, allowing the malware to potentially infect many users' computers.

Q: What is the significance of Google acquiring FARSTOTAL?

Google's acquisition of FARSTOTAL indicates their ongoing integration of various services and APIs. The terms of the deal have not been disclosed, so it's unclear of Google's long-term intentions with FARSTOTAL.

Q: How did the fake Elon Musk Bitcoin scam on Twitter work?

The fake Elon Musk Bitcoin scam involved tweets from hacked accounts, including verified ones, offering free Bitcoin in exchange for sending a small amount to a specific address. Many users fell for the scam due to the perceived credibility of the linked accounts.

Q: Why do ransomware attacks continue to be profitable?

Despite efforts by security researchers to release decrypters for various ransomware strains, the ransomware itself remains more profitable. Victims are often left with no choice but to pay the ransom or lose their data, as backups may not be available or up to date.

Summary & Key Takeaways

• Microsoft's Internet Explorer had a malicious advert that led users to a malware website, which went unnoticed for months.

• Google acquired FARSTOTAL, indicating their continuing integration of services and APIs.

• A fake Elon Musk Bitcoin scam circulated on Twitter, with many users falling for the scam and losing money.

• Ransomware continues to make profits, despite efforts by security researchers to release decrypters.

• Websites' privacy policies and cookie usage are often deceptive and do not provide adequate protection for user data.