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:

  • City of Knoxville shuts down network after ransomware attack

    June 11, 2020

    The City of Knoxville, Tennessee, was forced to shut down its entire computer network following a ransomware attack that took place overnight and targeted the city’s offices. Knoxville has a population of over 180,000, it’s Tennessee’s third-largest city after Nashville and Memphis, and it’s also part of the Knoxville Metropolitan Statistical Area, with a reported population of almost 870,000 in 2015. Read ...

  • FBI warns of increased hacking risk if using mobile banking apps

    June 10, 2020

    The U.S. Federal Bureau of Investigation (FBI) today warned mobile banking app users that they will be increasingly targeted by hackers trying to steal their credentials and take over their banking accounts. The alert, published on the agency’s Internet Crime Complaint Center (IC3), says that the increased usage of such apps during the pandemic could lead to ...

  • Hackers for hire targeted hundreds of institutions, says report

    June 9, 2020

    A hackers-for-hire group dubbed “Dark Basin” has targeted thousands of individuals and hundreds of institutions around the world, including advocacy groups, journalists, elected officials, lawyers, hedge funds, and companies, according to the Internet watchdog Citizen Lab. Researchers discovered almost 28,000 webpages created by hackers for personalized “spear phishing” attacks designed to steal passwords, according to a ...

  • Maze Ransomware adds Ragnar Locker to its extortion cartel

    June 8, 2020

    A second ransomware gang has partnered with Maze Ransomware to use their data leak platform to extort victims whose unencrypted files were stolen. Before encrypting a victim’s network, most network-targeting ransomware operations will steal a victim’s unencrypted files. These files are then used as leverage by threatening to release them publicly on data leak sites if a ransom is ...

  • Honda investigates possible ransomware attack, networks impacted

    June 8, 2020

    Computer networks in Europe and Japan from car manufacturer giant Honda have been affected by issues that are reportedly related to a SNAKE Ransomware cyber-attack. Details are unclear at the moment but the company is currently investigating the cause of the problems that were detected on Monday. The company has confirmed to BleepingComputer that its IT network is not functioning ...

  • Germany launches terrorism probe over planned attack on Muslims

    June 8, 2020

    German authorities arrested a 21-year-old man and launched a terrorism investigation after he threatened to carry out an attack targeting Muslims, prosecutors said on Monday. The 21-year-old man from the northern city of Hildesheim made the threat in an anonymous online chat forum on May 29, announcing his intention to carry out an attack “with multiple ...