Security analyst details TASE hack

Posted by Trent Nouveau

Monday’s cyber attack against websites administered by the Tel Aviv Stock Exchange (TASE) and El Al (Israel Airlines) reportedly exploited thousands of local devices which were used as remote "zombie" bots.

As TG Daily previously reported, hackers operating under the "Nightmare Group" banner managed to shut down both websites yesterday, although internal systems appeared unaffected by the digital infiltrators.

Security analyst details TASE hack"When we're looking at the attack, this isn't a strike by one computer in Saudi Arabia, it's thousands of computers around the world," CheckPoint CEO Gil Shwed told the Israeli-daily Ha’aretz.
"[Actually], a considerable part of the computers that attacked us originated in Israel. That's precisely what a bot is. Unlike traditional viruses, these bots do a good job of hiding themselves."

According to Shwed, the recent attacks against Israeli financial institutions and companies have been fairly sophisticated thus far. 

"While the assailant was probably not Israeli, he did [exploit] Israeli computers. It's similar to what happened last year with Sony... There were some significant attacks on Sony, with a 'small squad' stealing information off the side."

The latest hack attack come just weeks after Saudi hacker 0xOmar and the "Nightmare Group" compromised the credit cards of millions of Israelis - an operation that was subsequently endorsed by Hamas.

"The penetration into Israeli websites opens a new front for electronic resistance and war against the Israeli occupation,” Hamas spokesperson Sami Abu Zuhri on Sunday.

The growing threat of cyber warfare has prompted the Israel Defense Forces (IDF) to step up its recruit of hackers who will be tasked with securing the country's digital perimeter.

"We are not where we would like to be when it comes to the cyber world and we are working to improve our capabilities," a senior IDF officer recently acknowledged. "[And] these [men and women] are some of the top experts in their field."

The new recruits are slated to serve in Unit 8200 under the auspices of Military Intelligence, as well as in the C4I (Cyber) Directorate, where they will help defend military, government and civilian networks.