The Bankwatch

Tracking the consumer evolution of financial services

“Hacking is a business model”; some simple advice from an expert

I was reading the comments on this exploit story on AppleInsider. I loved lkrupp’s comment (below). The first paragraph might just be the best and simplest explanation for how to avoid virus and malware problems. (if you use Windows then you’ll need to substitute Microsoft approved or the likes for App Store).

Several of the other comments are laced with common sense. “So the danger is not that someone outside can get into your machine: the danger is that anyone who has physical access to your machine can take it over.”

The second paragraph is just a nice description of the evolution of hacking and how its evolved from “glory” into a “business model”.

New privilege escalation exploit discovered in OS X Yosemite, also affects just-released 10.10.5

Don’t worry about it. Just keep using common sense when downloading software. Download only from trusted sources and companies like the App Store. Don’t click on anything that promises magical things. If it sounds too good to be true it IS. Like all the other chicken little reports about these things they rarely actually materialize to become a major problem.

Above all don’t listen to the paranoid crowd’s predictions of the Apocalypse. They show up here every time one of these reports gets out, wringing their hands and running around with their hair on fire. Truth is hackers these days are in it for the money. They like attacking corporations where the ROI is highest. Individual’s machines not so much because the data is of limited value. It’s not like the old days where hackers did their thing for the glory of their reputations. Today hacking is a business model.

Written by Colin Henderson

August 17, 2015 at 21:32

Posted in Uncategorized

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