Trends 2018: Doing time for cybercrime
Law enforcement and malware research join forces to take down cybercriminals
Cybercrime
The cyberattack on banks in Mexico: The challenges posed to cybersecurity
Following the massive cyberattack on banks in Mexico, we consider what can cybersecurity can do to help the industry
Mexico: Cybercriminals steal at least 400 million pesos through unauthorized transfers
While the exact amount of stolen money and source of the cybercriminals are not known, the authorities have confirmed that no clients were affected.
Man faces up to 35 years in prison for helping hackers evade detection by anti-virus software
What was Scan4You, and why was it called a counter anti-virus (CAV) website?
Suspected member of The Dark Overlord arrested in Serbia
The Dark Overlord, known for a number of breaches and cyber-extortion campaigns in the last two years, is believed to have made US$275,000 from various schemes
Seven out of ten see criminal hacking as big risk to health, safety, prosperity
Recent survey shows that adults in the US view computer hacking as a major threat to their quality of life
Ethereum cryptocurrency wallets raided after Amazon’s internet domain service hijacked
Approximately US $150,000 worth of Ethereum-based cryptocurrency stolen.
Quarterly cybercrime digest: Extraditions and more
As Internet crime knows no borders, mutual legal assistance involving various nations and, by extension, requests for extraditing suspected cyber-offenders are sometimes part and parcel of prosecution efforts.
Quarterly cybercrime digest: Sentencing
The long arm of the law caught up with a number of cybercriminals in the first three months of this year.
Quarterly cybercrime digest: Arresting and charging
In Part 1, our roundup of some of the most notable law enforcement actions against computer crime in the first quarter of 2018 will focus on arrests and charges involving suspected cyber-crooks.
The world’s most popular YouTube video has been hacked
Hackers have managed to deface an array of popular YouTube music videos, changing titles and thumbnail images.
Hacker who broke into NFL’s Twitter account to spread death hoax learns his punishment
The 2016 compromise of the league’s Twitter account is one of a number of high-profile social media hijackings.
Saks and Lord & Taylor stores suffer data breach exposing five million bank cards
Cybercriminals are believed to have stolen information for more than five million credit and debit cards that shoppers had used at dozens of Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores mainly in the United States between May 2017 and March 2018.
Lizard Squad member jailed after offering DDoS-for-hire attack service
"Hacker-for-hire" service launched distributed denial-of-service (DDoS) attacks against websites and phone-bombed its victims.
Police arrest members of cybercrime gang
ATM jackpot gang is thought to have infiltrated over 100 financial firms in 40 countries costing banks more than one billion dollars.
New traces of Hacking Team in the wild
Since being founded in 2003, the Italian spyware vendor Hacking Team gained notoriety for selling surveillance tools to governments and their agencies across the world. The capabilities of its flagship product, the Remote Control System (RCS), include extracting files from a targeted device, intercepting emails and instant messaging, as well as remotely activating a device’s webcam and microphone.
SEC says insider trading is not the right response to cyber risk
The SEC has warned public companies that they not only need to do more to fulfil their obligations to transparency and openness with investors about cybersecurity breaches, but they also must disclose other infosecurity risks.
Over 40% of online login attempts are attackers trying to invade accounts
Bots that traverse the internet on behalf of their human operators can fulfill both legitimate and malicious automated tasks. Statistics indicate that bot-driven internet traffic, by helper and harmful bots combined, surpasses human traffic.
Cybercrime weighs most heavily on financial service firms
A further breakdown of the overall figures shows that, in all, the actual cost hinges on a number of variables. The factors that enter heavily into the equation include attack types and their frequency, along with the organization’s size and even the country in which an organization is based.
Millions bagged in two bank cyber-heists
This hack is said to be reminiscent of a particularly brazen bank cyber-heist from February 2016, in which hackers successfully pilfered $81 million from the account of the central bank of Bangladesh at the Federal Reserve Bank of New York.