Cybercrime

Cybercrime / Most Viewed

EU Launches First European Public-Private Partnership on Cybersecurity, Plans $2B Investment

The European Commission has launched a new public-private partnership on cybersecurity expected to trigger €1.8 billion ($2B) of investment by 2020. more»

ACMA: 30,000 PC's Infected in Australia Per Day

Anti-spam and malware enforcement agency ACMA reports on this (shocking high?) figure. Keep this up and ca. 50% of the Australian population is infected within a year. I remember a presentation from Sweden only a few years ago, that there were only a little over a thousand infected pc's in Sweden. (Reactions were: that can't be correct. Too low) Do you know what the numbers are for your country and maybe more importantly what your government and/or Industry is/are doing about it? more»

Researchers Demonstrate How to Launch Undetectable Phishing Attacks

With the help of about 200 Sony Playstations, an international team of security researchers have devised a way to undermine the algorithms used to protect secure Web sites and launch a nearly undetectable phishing attack. To do this, they've exploited a bug in the digital certificates used by Web sites to prove that they are who they claim to be. By taking advantage of known flaws in the MD5 hashing algorithm used to create some of these certificates, the researchers were able to hack Verisign's RapidSSL.com certificate authority and create fake digital certificates for any Web site on the Internet. more»

Mass Hacker Attack Reported on 40,000 Legitimate Websites

Hackers have compromised about 40,000 legitimate Websites, infecting them with malicious JavaScript that ultimately redirects users to a malicious site, says Websense. Security researchers at Websense say the tactics are reminiscent of the notorious RBN group. Although Websense would not name any of the compromised sites, researchers said the victims did not include any "big-name government or business sites." The compromised sites are redirecting users to typo-squatted misspellings of legitimate Google Analytics domains... more»

Botnets Now Number One Threat to ISP Backbones

Increasingly-intense distributed denial-of-service (DDOS) attacks on ISP backbones are surpassing providers' capacity and knocking customers offline, according to a new survey of service providers by Arbor Networks. While most large ISPs have upgraded their backbones to 10-Gbit/s speeds over the past two years, three respondents said they have experienced sustained attacks from 20- to 22 Gbit/s, and one hosting services provider in the survey reported a 24-Gbit/s DNS-targeted attack. The most powerful sustained attack previously was 17 Gbit/s, which was reported in last year's survey by Arbor. more»

Verizon Tops US ISPs for Spam Abuse, Plans Prevention and Shift to Port 587

Brian Krebs of Washington Post reporting: "Verizon.net is home to more than twice as many spam-spewing zombies as any other major Internet service provider in the United States, according to an analysis of the most recent data from anti-spam outfit Spamhaus.org. Verizon, however, says it plans to put measures in place to prevent it from being used as a home to so many spammers. ... If spammers are attracted to the company's network, it may be because Verizon still allows customers to send e-mail on Port 25, the communications channel that is traditionally used by large organizations to send e-mail." more»

'Avalanche' Network Dismantled in an International Cyber Operation Including Europol and the FBI

After over four years of investigation, the international criminal infrastructure platform known as 'Avalanche' is reported to have been dismantled via a collaborative effort involving Public Prosecutor's Office Verden and the Lüneburg Police (Germany) in close cooperation with the United States Attorney's Office for the Western District of Pennsylvania, the Department of Justice and the FBI, Europol, Eurojust and global partners. more»

Over $31 Million Stolen by Hackers from Russian Central Bank

Hackers have stolen over 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank reported today. more»

Vint Cerf on Internet's Key Infrastructure

BBC News is running Vint Cerf's personal view on the Internet's future. From the article: "Improving the resilience and resistance to attack of key infrastructure such as the Domain Name System (the phone book of the internet) and the routing system will be major focal points for near-term internet development. Introducing DNSSEC (security for the Domain Name System) and the digital signing of address space by the Regional Internet Registries will assume much higher priority..." more»

Nitro Attacks Target the Chemical Industry

New security report has revealed at least 48 companies involved in research, development, manufacturing of chemicals and advanced materials have been victims of a coordinated cyberattack traced to a source in China. The purpose of the attacks, code named Nitro, appear to be industrial espionage, collecting intellectual property for competitive advantage, according to Symantec. more»

Malaysia Wants to Handle Internet Related Crimes via 'Cyber Court'

Malaysia is considering establishing a "cyber court" to deal with the increasing number of crimes related to the Internet and blogging, a report said Tuesday. Communications Minister Shaziman Abu Mansor said more than 30 Internet-linked cases had been submitted to the country's attorney general in the past three years. "If in future if we cannot cope any more due to too many cases, we may need to have a cyber court," he said, according to the official news agency Bernama. more»

IT Security Guide: "Financial Impact of Cyber Risk" Released by ANSI and ISA

The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) released today a new action guide to assist business executives in the analysis, management and transfer of financial risk related to a cyber attack. In 2004, the Congressional Research Service estimated the annual economic impact of cyber attacks on businesses -- which can come from internal networks, the Internet or other private or public systems -- to be more than $226 billion. In 2008, U.S. Department of Homeland Security Secretary Michael Chertoff named cyber risks one of the nation's top four priority security issues. more»

CircleID's Top 10 Posts of 2016

The new year is upon us and it's time for our annual look at CircleID's most popular posts of the past year and highlighting those that received the most attention. Congratulations to all the 2016 participants and best wishes to all in the new year. more»

Spammers Handed Record $230 Million Anti-Spam Judgment

A federal judge in Los Angeles has awarded MySpace close to $230 million in its lawsuit against "Spam King" Sanford Wallace and his business partner Walter Rines. Judge Audrey B. Collins of United States District Court in the Central District of California ruled in MySpace's favor on Monday after the two men failed to show up in court, according to MySpace... While many spammers have been designated "Spam King," Wallace earned the title back in the late 1990s as a result of spam messages sent by his company Cyber Promotions. more»

British Hacker Accused of Biggest Military Hack Fights Extradition to U.S.

Five judges at the UK's highest court are currently in process of evaluating a final appeal against extradition by a computer enthusiast wanted in Washington for the "biggest military hack of all time". Gary McKinnon (nicknamed "Solo"), 44, is accused of causing hundreds of thousands of dollars of damage after breaking into dozens of computers owned by NASA, the Pentagon and the U.S. military. His last appeal to the High Court in London failed after two senior judges ruled he should face trial in the United States. The law lords are expected to give their ruling before the end of July. more»