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Cybercrime

Holiday hacks down despite record-breaking shopping numbers

Retail cybercrime across the holiday season dropped, despite record business for companies across Black Friday and Cyber Monday, according to research from IBM, reported by Tech Week Europe.

5 reasons not to “hack back”

Are hacking victims “hacking back”? That question was recently posed in headlines like this one from Bloomberg: FBI Investigating Whether Companies Are Engaged in Revenge Hacking. The Marketplace reporter, Ben Johnson, speculated that 2015 might be the year of “hacking back” when he asked me about revenge hacking.

Bitstamp hacked for $5 million in Bitcoin

19,000 Bitcoin – valued at around $275 each, so $5 million together – have been stolen from a majour European Bitcoin exchange, reports RT.

Police close in on Bitcoin fraudsters who stole $370m in Mt Gox collapse

Police are closing in on thieves who stole Bitcoin valued at $370 million during the collapse of popular exchange Mt Gox – and just 1% of the theft is believed to be the work of outside hackers.

Sony execs turned to old BlackBerries from basement in wake of attack

Sony executives turned to old BlackBerries found in a basement in the firm’s California headquarters in, using SMS text messages and a ‘phone tree’ to communicate in the wake of the attack.

XBox and PSN attacks were “marketing scheme” for Lizard Squad’s DDoS service

The attack which knocked the PlayStation Network (PSN) and Xbox Live offline over Christmas appears to have been a publicity stunt, designed to gain notoriety and draw attention to the hacking group which has claimed responsibility – Lizard Squad.

North Korea falls off the internet – is the United States to blame?

Barack Obama promises that the United States will respond to the Sony hack, and North Korea drops off the internet. Is there a connection?

The Sony Pictures Hack: 5 short sharp lessons we all can learn

The recent hacking of Sony Pictures offers valuable lessons in cybersecurity from which every company and consumer can learn.

Madonna thinks her computer was hacked

Turns out that the Material Girl has had her material stolen, and she’s blaming hackers!

UK Office of Communications reveals nature of recent cyberattacks

A Freedom of Information request to the UK’s Office of Communications has revealed exactly how persistent hackers are at attacking government departments in the country.

Target breach 12 months on: a year of lessons learned

The Target hack that was revealed one year ago today brought new levels of awareness to the problem of cybercrime. Today we review the case and its impact. To go straight to the lessons learned, click here. The Big One: Target “Nationwide retail giant Target is investigating a data breach potentially involving millions of customer

Webcam security – how to lock down the cameras in your home

Our tips will help you hacker-proof anything from baby monitors to surveillance cameras – and keep your home private.

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.

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