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Cybercrime

Identity fraud: How one email wiped out $300m – and sender walked free

A single email wiped $300 million off the value of an Australian mining company, after an environmental activist, Jonathan Moylan and sent a press release to media organizations.

Sony hacked: Victims to get $15m in ‘quality’ games – some day

Victims of the notorious attack against Sony’s online gaming service and associated websites in 2011, which exposed details for up to 77 million subscribers, are to be offered $15m in digital goods as compensation.

Cloud security – fears as zombie army finds gold in heavens

Using free cloud application hosting can allow an attacker to create a “free supercomputer” according to The Register’s report – used to mine cryptocurrency, researcher Oscar Salazar warns.

Accounts hacked: Stubhub $1m cyber fraud ticket scam busted

Ebay’s online ticket resale service Stubhub fell victim to a cyber-scam where a “global gang” used 1,600 hacked accounts on the service and bought and resold tickets, laundering $1m through European banks.

World of Warcraft account hacked – should thieves face jail?

Account hackers and thieves who loot magic weapons, armor and hard-won game currency from players in massively multiplayer titles such as World of Warcraft should face the same sentences as real-world thieves, a politician has suggested.

Tesla Model S hacked to open doors while in motion

Tesla’s Model S has been hacked to make the doors and sun roof open while the car is in motion – and the researchers behind the attack were able to control the systems remotely.

‘Sextortion’ blackmail attacks on the rise, Police warn

‘Sextortion’ attacks where cybercriminals blackmail victims with the threat of exposing explicit photographs or messages are increasingly common, according to a report by Bloomberg News.

Insider threat – should you worry about the ‘enemy within’?

Disgruntled employees and other malicious insiders could be one of the most serious security threats companies face – but the importance of the threat from the ‘enemy within’ varies according to who you ask.

Hacked Japanese porn sites spread banking malware attack

Thinking of spending some time perusing Japanese porn websites before you do your online banking? Security researchers at ESET have analysed an organised malware campaign that stole the login credentials of online banking customers after infecting PCs that had visited X-rated websites.

Win32/Aibatook: Banking Trojan Spreading Through Japanese Adult Websites

Win32/Aibatook targets Japanese bank customers with an unusual Internet Explorer monitoring technique. We believe the malware has been in development for months – and is now ready for take-off.

CNET ‘database leak’ – are your details safe?

Popular technology news and review website CNET faced the threat of having a million users’ data exposed this week, with an unknown attacker posting screenshots of data from a CNET server, and demanding a surprisingly small ransom…

Data breaches in New York have tripled

Data breaches have hit a record high in the state of New York, tripling since 2006, according to records released by the state attorney general.

Google Chrome security warnings – now in plain English

“Phishing attack ahead” is similar to the stark, clear warnings delivered by road signs – and web users will soon benefit from this sort of plain-speaking alert, at least when using Google’s Chrome browser.

Keylogger malware in hotel business centers – should you worry?

Guests who used business centers in American hotels may be at risk from gangs installing keylogger malware on the computers to steal banking and email passwords.

Banking malware Shylock’s servers knocked out by law enforcement

A notorious strain of banking malware, known as Caphaw – or Shylock, due to snippets of Shakespeare’s Merchant of Venice embedded in its code – has seen its command and control servers shut down in a major international police operation.

Nigerian scams expand to Malaysia – fraud doubles

Nigeria’s notorious fraud industry has expanded overseas – with Nigerian conmen entering Malaysia on student visas to perpetrate fraud using the country’s fast connections and advanced banking system, and raking in millions of dollars.

New ‘slimline’ ATM skimmers are near-invisible

New ‘slimline’ ATM skimmers are proving far harder to spot – with some of the hi-tech models remaining in place for up to five days before banks are alerted, and equipped with hi-tech extras such as cameras to spy on users’ PIN codes.

Wi-Fi light bulbs in security alert over wireless blackout hack

A high-profile ‘connected’ lighting system had a critical vulnerability which allowed attackers to take control of the entire system, switching off light bulbs at will, and which could be executed by criminals within 100 feet of a home.

Elite force of ‘cyber cops’ to be trained by Europol

Top police cybercrime experts from 22 European countries are to participate in a 10-day intensive training course in Spain starting this week – becoming, in the words of the head of the European Cybercrime Centre, ‘cyber cops’.

Brazilian payment malware may have skimmed up to $4 billion

Banking malware built to misdirect a Brazilian form of bank payment method targeted $3.75 billion of transactions over the past two years – and the scale of the attack may have eclipsed any single previous instance of electronic theft.

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28 Jul 2014
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