Cybercrime

Cybercrime / News Briefs

IPv6, 5G and Mesh Networks Heightening Law Enforcement Challenges, Says Australian Government

In a submission to the Joint Committee on Law Enforcement's inquiry into Impact of new and emerging information and communications technology, the Department of Home Affairs and Australian Criminal Intelligence Commission (ACIC) warn law enforcement will be degraded by a number of new technologies. more

SEC Reinforces and Expands Its Cybersecurity Guidance for Public Companies

The Securities and Exchange Commission has issued an updated guidance for public companies in preparing disclosures about cybersecurity risks and incidents. more

Report Estimates Cybercrime Taking $600 Billion Toll on Global Economy

Cybercrime is costing businesses close to $600 billion, or 0.8 percent of global GDP, according to a report released today by McAfee, in partnership with the Center for Strategic and International Studies (CSIS). more

Botnets Shift Focus to Credential Abuse, Says Latest Akamai Report

Akamai's Fourth Quarter, 2017 State of the Internet, was released today in which it states that the analysis of more than 7.3 trillion bot requests per month has found a sharp increase in the threat of credential abuse, with more than 40 percent of login attempts being malicious. more

UK's Government Websites Infected by Cryptocurrency Mining Malware

Thousands of websites are reported to have been infected by malware over the weekend forcing visitors' computers to mine cryptocurrency while using the sites. more

Gold Dragon Helps Olympics Malware Attacks Gain Permanent Presence on Systems, Reports McAfee

A report recently released by McAfee Advanced Threat Research (ATR) revealed a fileless attack targeting organizations involved with the Pyeongchang Olympics. more

Former Rutgers University Student and Two Other Men Plead Guilty to 2016 Mirai Botnet Attacks

A New Jersey man was one of the three who pled guilty to hacking charges and creating the massive Mirai botnet attacks which spread via vulnerabilities in IoT devices causing massive DDoS attacks. more

Russian-Speaking MoneyTaker Group Suspected of Stealing $10M From Companies in Russia, UK and US

According to report today, Russian-speaking hackers called MoneyTaker, are suspected of stealing nearly $10m by removing overdraft limits on debit cards and taking money from cash machines. more

Bitcoin Miner NiceHash Reports Hack, More Than $60 Million Worth of Bitcoin Potentially Stolen

Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash. more

Russian Behind Massive LinkedIn, Dropbox Hack Subject of Extradition Fight Between US and Russia

A young Russian alleged to have masterminded a massive hacking of social networks including LinkedIn and Dropbox is now at the center of an extradition struggle between the United States and Russia. more

IBM Launches Quad9, a DNS-based Privacy and Security Service to Protect Users from Malicious Sites

The new DNS service, called Quad9, is aimed at protecting users from accessing malicious websites known to steal personal information, infect users with ransomware and malware, or conduct fraudulent activity. more

Security Researchers are Warning About a New IoT Botnet Storm Brewing

A brand new botnet, dubbed ‘IoTroop’, is discovered evolving and recruiting IoT devices at a far greater pace and with more potential damage than the Mirai botnet of 2016. Researchers at the security firm, Check Point, are warning that "a massive Botnet is forming to create a cyber-storm that could take down the internet. ... Our research suggests we are now experiencing the calm before an even more powerful storm. The next cyber hurricane is about to come." more

New Wave of Ransomware Spreading Rapidly Through Russia, Ukrain and Other Nations

A new wave of ransomware called "BadRabbit" is targeting Russia and Eastern Europe, affecting Russian Interfax news agency and reported flight delays at Ukraine’s Odessa airport. more

Cyberattacks Against Abortion Clinics on the Rise

Over the past few years, cyberattacks and internet harassment have escalated against abortion clinics intended to disrupt services, intimidate providers and patients. more

China to Create National Cyberattack Database

China has revealed plans to create a national data repository for information on cyberattacks and will require telecom firms, internet companies and domain name service providers to report threats to it. more