Cybercrime


NEWS 
  • 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 ...

  • New Clues Surface on Shamoon 2’s Destructive Behavior

    March 27, 2017

    Researchers on Monday reported progress in piecing together some of the missing pieces of the Shamoon 2 puzzle that have been eluding them when it comes to lateral network movement and execution of the Disttrack malware component used in past campaigns. Shamoon 2 uses a combination of legitimate tools, such as the open source utility PAExec, and ...

  • Indian Startup Develops a Next-Gen Cybersecurity Solution on the Blockchain

    March 26, 2017

    A new innovative prototype startup powered by blockchain technology for cybersecurity has recently launched in India aimed at curbing the global phenomenon of cybercrime. Mumbai-based Block Armour was thought up by Narayan Neelakantan, former CISO and Head of IT Risk and Compliance with India’s National Stock Exchange (NSE) and Floyd DCosta, who has a background in ...

  • Apple Pressured to Pay Ransom by Hackers Threatening to Remotely Wipe iPhones

    March 22, 2017

    Apple is currently under pressure to pay a ransom to a group of hackers who are threatening to remotely wipe iPhones. It seems the hackers are identifying themselves as “Turkish Crime Family.” Taking into account just how big Apple is and how deep its pockets go, the hackers only demanded $75,000 in Bitcoin or Ethereum, another ...

  • New Spam Campaign via Necurs Botnet Tries to Manipulate the Stock Market

    March 21, 2017

    The Necurs botnet is known as the largest spam botnet in the world, particularly for distributing Locky ransomware and Dridex. Now, it looks like Necurs is taking on a new role as someone tries to manipulate the stock market. The discovery was made by Cisco’s threat intelligence organization Talos, which notes that after being offline for ...

  • Cyber Firm at Center of Russian Hacking Charges Misread Data

    March 21, 2017

    An influential British think tank and Ukraine’s military are disputing a report that the U.S. cybersecurity firm CrowdStrike has used to buttress its claims of Russian hacking in the presidential election. The CrowdStrike report, released in December, asserted that Russians hacked into a Ukrainian artillery app, resulting in heavy losses of howitzers in Ukraine’s war with ...

  • Personalized spam campaign targets Germany

    March 20, 2017

    A spam campaign Symantec observed in January 2017 targeting people who live in Germany appears to be, once again, using detailed, real personal information to enhance the believability of the messages. Victims who open the message attachments are likely to have their Windows computers infected with malware that steals banking information. First seen in the UK Symantec ...

  • Cybercriminals getting as good as nation state spies – report

    March 14, 2017

    The European energy sector is being targeted by advanced threat actors seeking proprietary information to advance the capabilities of domestic companies, according to FireEye Mandiant. The latest annual report by FireEye’s incident response arm further warns that cyber threat groups are also targeting European industrial control systems for potentially disruptive or destructive operations. The capability of cybercriminals ...

  • Fighting cyber crimes in offshore oil and gas industry

    March 1, 2017

    Cyber crime costs offshore oil and gas companies millions each year in lost business and damaged equipment, a cyber attack on critical infrastructure, such as an oil rig, can result in more than just lost revenue but it can be catastrophic for the environment and have far reaching impacts. However, cyber security on actual installations is ...

  • New Global Cybersecurity Report Reveals Misaligned Incentives, Executive Overconfidence Create Advantages for Attacker

    March 1, 2017

    Intel Security, in partnership with the Center for Strategic and International Studies (CSIS), today released “Tilting the Playing Field: How Misaligned Incentives Work Against Cybersecurity,” a global report and survey revealing three categories of misaligned incentives: corporate structures versus the free flow of criminal enterprises; strategy versus implementation; and senior executives versus those in implementation ...

  • Even bakeries get hit by hackers, top insurer warns ‘ill-equipped’ small businesses

    February 27, 2017

    Bakers are not immune from the hacking epidemic spreading across Europe, a top insurer has warned. Hiscox boss Bronek Masojada said small businesses faced just as much risk as large ones from cyber crime – but many did not have the resources to combat it. He said that in one case, a German bakery was targeted by ...

  • Treason charges against Russian cyber experts linked to seven-year-old accusation

    February 26, 2017

    Treason charges brought in December against two Russian state security officers and a cyber-security expert in Moscow relate to allegations made by a Russian businessman seven years ago, according to the businessman and a source connected with the investigation. They said the arrests concern allegations that the suspects passed secrets to U.S. firm Verisign and other ...

  • A guided tour of the cybercrime underground

    February 23, 2017

    One of the strange features of cybercrime is how much of it is public. A quick search will turn up forums and sites where stolen goods, credit cards and data are openly traded. But a glance into those places may not give you much idea about what is going on. “Everyone can join as long as you speak ...

  • New TeamSpy Malware Campaign Turns TeamViewer into Spy Tool

    February 20, 2017

    TeamSpy is back and it’s turning TeamViewer into the spying tool that no one wants. According to security firm Heimdal, a new spam campaign emerged over the weekend, carrying the TeamSpy malware which can give hackers full access to a compromised computer. This isn’t a new type of malware whatsoever. In fact, back in 2013, it was ...

  • Europol and Global Cyber Alliance team up to fight cyber-crime

    January 30, 2017

    Europol and the Global Cyber Alliance (GCA) have signed a Memorandum of Understanding (MoU) to cooperate on decreasing systemic cyber-risk and improving internet security throughout Europe and beyond. As part of the MoU, Europol and GCA will fight cyber-crime through the exchange of information on cyber-crime trends and joint international projects to increase cyber-security. To this end, ...

  • Smaller firms set to ‘face £52bn in fines’ for security breaches as cyber-crime skyrockets

    January 14, 2017

    British firms were each subjected to an average of almost 230,000 cyber attacks in 2016, according to analysis from business internet service provider Beaming. The average volume of attacks hitting individual company firewalls passed the 1,000 per day mark for the first time in November. Meanwhile, the Payment Card Industry Security Standards Council suggested that UK firms ...

  • Netflix Users Under Attack As Hackers Try to Steal Credit Card Info

    January 10, 2017

    Security company FireEye detected a new wave of attacks aimed at Netflix users, with cybercriminals now turning to phishing schemes in order to steal their personal information, including credit card data, social security numbers, and other details. Although it seems that the attacks have been suspended, Netflix users in the United States should always keep an ...