Cybercrime groups restructuring after major takedowns


Cybercrime gangs are looking to rebuild with new tactics after global police operations this year made a huge dent in their activities, experts have told AFP.

The gangs have had a bad year so far, with law enforcement operations taking out some of prominent groups including LockBit, a loose network of largely Russian-speaking cyber criminals. LockBit was one of the major developers of malicious software that allows criminals to lock victims out of their networks, steal their data and demand a ransom for its return.

Read more…
Source: NewsComAu


Sign up for our Newsletter


Related:

  • Philippines: Cyber attack on Overseas Workers Welfare Administration website foiled

    February 3, 2024

    The Department of Information and Communications Technology (DICT) has prevented a cyber attack aimed at taking down the website of the Overseas Workers Welfare Administration (OWWA). At the Saturday News Forum, DICT Undersecretary for Cybersecurity Jeff Ian Dy said the DICT was able to “defend” various web applications related to OWWA from cyber attacks. The DICT ...

  • Europcar’s Alleged Data Breach Wasn’t Done Using AI, Experts Argue

    February 2, 2024

    French car rental company Europcar made headlines earlier this week following reports of an alleged data breach affecting nearly 50 million customers. Cyber security platform HackManac reported the incident on January 30th, noting that the stolen database containing usernames, passwords, full names, addresses, and several other user-identifying information had been listed for sale on a hacking ...

  • Cloudflare blames previous Okta breach for November 2023 cyberattack

    February 2, 2024

    Cloudflare is laying the blame for the cyberattack it suffered late last year the after-effects of the critical Okta breach. The content delivery service provider has published a blog post detailing the cybersecurity incident it suffered on Thanksgiving Day 2023, noting that on November 23, 2023, a threat actor accessed the company’s self-hosted Atlassian server. Read more… Source: ...

  • US imposes fresh sanctions over Iranian arms, cyber activity

    February 2, 2024

    The United States on Friday imposed sanctions targeting Iran’s ballistic missile and drone procurement programmes as well as officials it said were involved in hacking US infrastructure, as Washington looks to increase pressure on Tehran. The US Treasury Department said in a statement on Friday it had imposed sanctions on four Iran- and Hong Kong-based companies ...

  • Ukraine says 2,000 computers of state firm were impacted in cyber attack

    February 1, 2024

    Ukraine’s state computer emergency response team CERT-UA said on Thursday around 2,000 computers had been affected in the recent cyber attack on an unnamed state-run company. “As part of the detailed study of the cyber threat, the obtained malware samples were examined, the peculiarities of the functioning of the infrastructure of control servers were established, and ...

  • Volt Typhoon Actors Exploiting Insecure SOHO Routers

    January 31, 2024

    Threat actors—particularly the People’s Republic of China (PRC)—sponsored Volt Typhoon group—are compromising small office/home office (SOHO) routers by exploiting software defects that manufacturers must eliminate through secure software design and development. Specifically, Volt Typhoon actors are exploiting security defects in SOHO routers to use them as launching pads to further compromise U.S. critical infrastructure entities. CISA ...