Cybercrime


NEWS 
  • DDoS Attacks Can Cost Businesses Up to $2.5M Per Attack, Report Says

    May 2, 2017

    The time to respond and mitigate DDoS attacks can be costly for companies, and some businesses can lose roughly $2.5 million on average per attack, a research report released today said. Neustar, an analytics firm that sees swathes of DDoS attack telemetry daily, boiled down some of the figures in a dispatch, its annual Worldwide DDoS Attacks and Cyber Insights ...

  • PCs with Intel Server Chipsets, Launched Since 2010, Can be Hacked Remotely

    May 1, 2017

    Updated: Since the below-reported vulnerability is highly critical and it would take a few weeks for sysadmins to protect their enterprise network, the research team has not yet disclosed the technical details of the vulnerability. Meanwhile, I have talked with Maksim Malyutin, a member of Embedi research team who discovered the vulnerability in March, and updated ...

  • TalkTalk hack attack: Two men plead guilty to customer data theft

    April 27, 2017

    Two men have pleaded guilty to hacking into TalkTalk’s website in October 2015 and stealing thousands of customer records containing sensitive data. Matthew Hanley, 22, of Devonshire Drive, Tamworth admitted to three offences under the Computer Misuse Act. The Metropolitan Police said that he confessed to breaching TalkTalk’s site, had obtained files that would enable the ...

  • ​FalseGuide malware victim count jumps to 2 million

    April 26, 2017

    An estimated 2 million Android users have now fallen victim to malware mistakenly downloaded from Google Play, which was initially reported to have affected approximately 600,000 users. The malware, dubbed FalseGuide, was hidden in more than 40 guide apps for games, the oldest of which was uploaded to Google Play as early as November last year, ...

  • Fancy Bear Hackers Target French Presidential Candidate

    April 25, 2017

    A phishing campaign is targeting the emails of French presidential candidate Emmanuel Macron’s campaign staff. All fingers are pointing towards Russia once more. According to security firm Trend Micro who published a new report today, there are signs of a phishing attack targeting Macron, in what feels like deja-vu. The sites that are trying to trick ...

  • Hard Target: Fileless Malware

    April 25, 2017

    The future of client-side malware attacks is fileless. And it would appear the future has arrived with a growing number of attacks using fileless or in-memory malware to pose a threat to business that’s increasingly difficult to neutralize. “There has been an unequivocal uptick in the use of fileless malware as a threat vector,” said Kevin Epstein, ...

  • Fortinet Supports INTERPOL-led Cybercrime Operation across the Association of Southeast Asian Nations (ASEAN)

    April 24, 2017

    Fortinet has partnered with INTERPOL over the past two years to assist in identifying and thwarting cybercrime. Today, INTERPOL announced that a new operation across the ASEAN region, built around threat intelligence provided by Fortinet and other public and private sector security organizations, has resulted in the identification of nearly 9,000 Command and Control (C2) ...

  • US Court Sentences Russian Lawmaker’s Son to 27 Years in Jail for Hacking

    April 21, 2017

    The son of a prominent Russian lawmaker was sentenced on Friday by a US federal court to 27 years in prison after being convicted of stealing millions of US credit card numbers and causing some $170 million in damages to businesses and individuals. This sentence is so far the longest sentence ever imposed in the United ...

  • Improved cyber security for General Election after Russian hacking scandal

    April 21, 2017

    Cyber security chiefs are to give fresh guidance to protect the general election from being disrupted by hackers. Just weeks ago, Ciaran Martin, chief executive of the National Cyber Security Centre, briefed political party bosses on how they can defend their organisations from online attacks. They were given an overview of threats, case studies on recent cyber ...

  • Hong Kong to tighten cyber security rules after broker hacks

    April 20, 2017

    Hong Kong plans to toughen information security rules after a series of embarrassing hacks at the city’s brokers, the securities regulator said on Thursday. The draft rules would likely include requirements for two-step authentication for account log-in and for brokers to notify clients when a transaction had been made, a Hong Kong Securities and Futures Commission ...

  • Hackers Dump 1.7 Million Snapchat User Data on Dark Web

    April 18, 2017

    Anonymous Indian hackers are taking revenge on Snapchat’s CEO and claim to have leaked a database containing the credentials of 1.7 million users. The hackers are particularly upset after Evan Spiegel,Snapchat CEO, reportedly made a rather nasty remark regarding expansion plans. According to claims that emerged last week as an ex-employee filed a lawsuit against the ...

  • Hajime worm battles Mirai for control of the Internet of Things

    April 18, 2017

    A battle is raging for control of Internet of Things (IoT) devices. There are many contenders, but two families stand out: the remains of the Mirai botnet, and a new similar family called Hajime. Hajime was first discovered by researchers in October of last year and, just like Mirai (Linux.Gafgyt), it spreads via unsecured devices that ...

  • Why cybersecurity needs more attention from business leaders

    April 10, 2017

    As businesses have become more dependent on technology, their exposure to cybersecurity threats increases – driving a need for boards and senior management to understand the risks. Cybercrime has grown so much that the Office for National Statistics (ONS) recently began including it in official figures. In 2016, a report from the National Crime Agency found ...

  • Symantec Links Espionage Group to CIA via Tools Exposed by WikiLeaks

    April 10, 2017

    Symantec announced that it had connected at least 40 attacks across 16 countries where tools obtained and exposed by WikiLeaks via the Vault 7 revelations about CIA’s espionage tactics were used. In a lengthy report, Symantec talks about a highly organized group they named Longhorn and which they linked to all these attacks. While stopping short ...

  • Shadow Brokers Group Releases More Stolen NSA Hacking Tools & Exploits

    April 8, 2017

    A hackers group that previously claimed to have stolen a bunch of hacking tools (malware, zero-day exploits, and implants) created by the NSA and gained popularity last year for leaking a portion of those tools is back. Today, The Shadow Brokers group released more alleged hacking tools and exploits that, the group claims, belonged to “Equation ...

  • Inside the murky world of hackers for hire

    April 8, 2017

    Shortly after Christmas, 2011, Ruby Nealon sold the Nintendo Wii games console his mother had bought him to fund an Open University course in computer software. He was 11 and it was the start of his unconventional education as a computer prodigy, which led him to drop out of school and start a full time degree ...

  • Finance firms to spend more on security as concern over cyber crime soars

    April 5, 2017

    Over 80pc of financial services firms plan to pump cash into cybersecurity this year, almost double that of last year as fears over cyber attacks swell. Corporate adviser Duff & Phelps, which analysed 200 executives in Europe, Hong Kong and the US, said 86pc of financial services firms intend to spend more time and money on cybersecurity this year. That’s a significant increase on last year, ...

  • Lazarus APT Spinoff Linked to Banking Hacks

    April 3, 2017

    The Lazarus Group, a nation-state level of attacker tied to the 2014 attacks on Sony Pictures Entertainment, has splintered off a portion of its operation to concentrate on stealing money to fund itself. The group, widely believed to be North Korean, has been linked to a February 2016 attack against the Bangladesh Central bank that resulted ...

  • New Mirai Variant Carries Out 54-Hour DDoS Attacks

    March 30, 2017

    A variant of the Mirai malware pummeled a U.S. college last month with a marathon 54-hour long attack. Researchers say this latest Mirai variant is a more potent version of the notorious Mirai malware that made headlines in October, targeting DNS provider Dyn and the Krebs on Security website. The IoT botnet behind the DDoS attacks ...

  • Ghana to set up national cyber security council

    March 30, 2017

    Ghana is to establish a national cyber security council to tackle the increasing rate of cyber crime in the country. The initiative is part of the government’s effort to build a comprehensive cyber security governance arrangement involving all key public and private sector stakeholders. The National Cyber Security Council will be an independent advisory body made ...