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.

Cybercrime Trends & Predictions for 2015

As regular readers will know, every year we publish our predictions on cybercrime attacks for the year ahead. Well, our South American research team has spent the last few weeks putting together our predictions for 2015.

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.

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.

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.”

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.

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.

Facebook scams – ‘Naked woman eaten by shark’ is latest bait

The latest salacious video – promising ‘Naked Woman Eaten by a Shark’ – is just one in a long chain of viral video scams spread via Faceboook.

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

Cybercrime statistics offer a glimpse into the underworld

A crime-reporting survey in Canada has offered a unique insight into how cybercrime affects a large population – and an insight into a grim underworld dominated by fraud, violence and sexual abuse.

Week in security: Bash Bug, BlackEnergy and hoax attacks

This week, a serious software vulnerability, which rapidly became known as the ‘Bash Bug’ or ‘Shellshock’ dominated the headlines, as two other faked news stories showed that hoaxes can fool the world very easily these days.

Healthcare data worth ten times price of credit card data

Medical information is now worth up to 10 times the price of credit card details on online black markets, due to weak healthcare security and a thriving black market in data to be used for medical fraud.

eBay scams – site says ‘no plans’ to ban ‘active’ listings

Auction site eBay has remained defiant about ‘active’ listings ,containing computer code, despite multiple reports indicating that these are being used for phishing attacks.

Destiny game servers under attack

The hit shoot ‘em up Destiny has been targeted by a cybercriminal gang thought to be behind recent attacks on game companies including Sony and Blizzard, creators of World of Warcraft.

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