category
Cybercrime

Internet firm goes out of business after DDoS extortion attack

Blackmailers force internet site Code Spaces out of business, leaving customers in the lurch.

California company sues bank over cybercrime, wins $350,000 settlement

A California oil company that lost thousands after being attacked by hackers has won $350,000 in a legal settlement after suing its bank.

New banking malware ‘Dyre’ targets Bank of America, CitiGroup accounts

A dangerous new strain of malware has been discovered, able to steal banking credentials without alerting users to the interception.

Domino’s Pizza refuses to pay ransom after customer database hacked

A group of hackers claim to have stolen the personal details of some 650,000 pizza lovers, and have threatened to release them to the world if Domino’s Pizza doesn’t cough up a hefty ransom.

P F Chang’s chain suffers breach – thousands of cards for sale online

Newly stolen credit and debit card details, from cards used in P F Chang’s China Bistro, a nationwide American chain of restaurants, went on sale on an underground website this week at a site best-known for selling off the details of victims of the Target data breach.

Bank of England “fends off” eight cyber attacks per week, says CISO

The Bank of England weathers an average of eight cyber attacks including malware-laced “spear phishing” campaigns per week, according to Chief Information Security Officer Don Randall.

Banks to work with UK government experts to ‘predict’ cyber attacks

A new intelligence-sharing network aims to protect financial institutions by sharing information between government, security firms and financial institutions to “predict” vulnerabilities.

‘Major’ Smart TV vulnerability could allow mass wireless attacks

A vulnerability in the way interactive apps work on many so-called Smart TVs could allow teams of relatively unskilled hackers to attack thousands of devices at once, a team of Columbia University researchers claims in a new paper.

DARPA to hold $2m Grand Challenge for “fully automated” cyber defense systems

The hi-tech research wing of the US military DARPA (Defence Advanced Research Projects Agency) is to offer a $2 million prize offered for a fully automated defense system – a computer that defends itself without human intervention.

GameOver Zeus and Cryptolocker: Law enforcement hits gang responsible

FBI names as “Most Wanted” the leader of cyber criminal gang based in Russia and Ukraine responsible for both GameOver Zeus and Cryptolocker schemes, as law enforcement agencies crack down on cyber crime infrastructure.

“Hacking” cars on the road wirelessly is easy, claims expert

It is perfectly possible to “hack” a car while it is driving on the road, seize control, and force the vehicle into a fatal crash, says a car security specialist – saying that the 100-or-so computers in “connected” cars are vulnerable to attack.

Watch Dogs: How realistic is PS4 city-hack thriller?

In Ubisoft’s Watch Dogs, a man out for vengeance chooses an odd weapon – a smartphone. Loaded with deadly apps, he blows up power stations, wrecks cars and stops trains. But how close to reality is it?

Spotify breached – but just one mystery user is hacked

Music streaming service Spotify has urged its Android users to upgrade to a new version of the app after “unauthorized access to our systems and internal company data” – but only one, unnamed person fell victim.

Oculus Rift used to create “3D battlefield” for cyber defense

Pentagon officials showed off a virtual reality battlefield, using the Oculus Rift motion-sensing 3D VR headset, which turns cyber attacks into 3D visions where defenders can “look around” using the gadgets’s built in accelerometers.

Activision Blizzard attacks hidden market in game “cheats”

Activision Blizzard – makers of game hits such as Call of Duty and World of Warcraft – have taken “aggressive” legal moves against gamers who use illegal software to cheat in games – in particular, the hit strategy title Starcraft 2.

eBay breach news: Posted data dump not valid, password reset issues

As the 145 million people affected by the security breach at online giant eBay get used to the idea that their personal information may be “out there” and their passwords need to be changed, we wanted to update yesterday’s coverage of the story.

Nuclear aircraft carrier hacker pleads guilty

The leader of a gang who attacked 24 websites in search of personally identifiable information – from the unlikely confines of an aircraft carrier – has pleaded guilty.

Behind Blackshades: a closer look at the latest FBI cyber crime arrests

Blackshades is a RAT and the FBI has just arrested a lot of people involved in its use and distribution. But what’s a RAT and how will these arrests impact cyber crime?

Think cybercriminals are “evil geniuses”? Wrong – and these idiots show why

Many cybercriminals are not exactly Bond villain material – in fact, some are criminals with a level of weapons-grade stupidity that Bond villains wouldn’t even employ as henchmen.

FBI plans worldwide crackdown on cybercrime

The FBI is gearing up for a major crackdown on cybercrime, and says that arrests of major criminals will follow in weeks. Criminals in foreign countries will not be safe, a top FBI official said.

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21 Jun 2014
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