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Cybercrime

TorrentLocker — Ransomware in a country near you

Today, we are publishing research on ransomware that emerged in 2014. We have posted blog articles about this threat before, to raise awareness when we realized the criminals were targeting the United Kingdom and Spain.

TorrentLocker: Racketeering ransomware disassembled by ESET experts

Security experts at ESET have released their latest research into the notorious TorrentLocker malware, which has infected thousands of computer systems around the world, taking data hostage and demanding a ransom be paid to ensure its safe return.

FBI outlines proposals for dealing with cybercrime to Congress

Joseph Demarest, assistant director at the FBI, has been testifying on the threats of cybercrime to a Senate Committee on Banking, Housing and Urban Affairs, and Network World reports that the agency has three specific recommendations of how Congress could assist with the ever-evolving problem.

Android scam: Firms fined over $500,000 for malicious apps’ hidden subscriptions

Three UK firms have been fined over $500,000 for a scam that involved Android apps signing up to a subscription service, and suppressing notifications informing the victim they were being charged, according to The Guardian.

Advertising fraud: a quarter of digital ads stolen by cybercriminals’ bots

Nearly a quarter of digital advert impressions are faked, according to a new study. This advertising fraud is set to cost advertisers $6.3 billion in the next year, reports Channel Eye.

Bebe clothing store suffers payment card breach

The clothing chain Bebe has been the latest company to suffer a breach of payment card information to hackers, reports PC World.

Sony Pictures hacking traced to Thai hotel as North Korea denies involvement

The identity of the Sony Pictures hackers who attacked last week remains a mystery, but we have an alleged location where the attack was masterminded from, according to a report from Bloomberg.

Tor a major source of bank fraud, says US Treasury Dept.

Tor has been used to mask the identities of cybercriminals in a significant number of bank frauds for over a decade, according to a US Treasury Department report obtained by Brian Krebs on his Krebs on Security website.

Identity theft – six tips to help keep yours safe

Private data such as addresses and social security numbers can be just as valuable to cybercriminals as valid credit card details can be to thieves – if not more so. Lock yours down with our tips.

US announces new cybersecurity unit with a focus on prevention

The Department of Justice has announced that it is creating a dedicated cybersecurity unit, with an eye on prevention rather, reports Gizmodo.

Sony hacking: were PlayStation servers used to spread stolen data?

Following the release of confidential documents and four unreleased films, as reported by We Live Security here, the bad news for Sony continued as it was reported that the company’s own PlayStation servers were used to distribute the stolen data, The Independent reports.

UK police need to ‘catch up’ with cybercrime threat

Police in the UK are facing an uphill struggle to deal with modern threats and cybercrime, reports the BBC, with the current methods involving “policing the crimes of today with the methods of yesterday.”

Gamer PCs – how to keep yours clean and mean

Gamers have become major targets for hackers – from large-scale attacks against gaming companies, to small-scale scams carried out via game chat channels. But a few easy security steps should help keep your precious rig at full speed – and safe.

Australian government announces cybersecurity review

The Australian government is to conduct its first review into the country’s cyber security since 2008, ABC Australia reports.

Cyber Monday – 12 tips to help you shop safely online

Technology might evolve, but cyber gangs rely on tried-and-tested tactics. With a bit of care and attention, it’s easy to sort the genuine bargains from the too-good-to-be-true fakes.

16% of British adults hit by cyber attacks

A new study has revealed that as many as one in six Britains have fallen victim to a cyber attack.

Smart home security – how not to be dumb with your devices

It’s easy to imagine that ALL connected devices – from fridges to CCTV cameras – are a security nightmare, but there are simple, sensible steps you can take to lock these risks down.

Can e-cigarettes give you malware?

The long-term health effects of electronic cigarettes – or E-cigarettes – are still open for discussion – but the devices could harm your computer, at least if one report is to be believed.

Week in Security: Grief for gamers, Unicorn spotted – and America wakes up

Cybercriminals once again had gamers in their sights this week, with leaks of multiple account details and a new Steam scam – but there was good news in the form of upgraded security on Whatsapp, and dawning awareness on privacy.

More than half of British firms ‘would consider hiring hackers’

More than half of British firms would consider hiring computer hackers in the face of a severe skills shortage – and more than 50% of executives said that they would consider hiring an expert even if they had a criminal record

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