A coordinated law enforcement operation has resulted in the arrest of 11 members allegedly belonging to a Nigerian cybercrime gang notorious for perpetrating business email compromise (BEC) attacks targeting more than 50,000 victims in recent years. The disruption of the BEC network is the result of a ten-day investigation dubbed Operation Falcon II undertaken by …
A Russian national, who was arrested in South Korea last month and extradited to the U.S. on October 20, appeared in a federal court in the state of Ohio on Thursday to face charges for his alleged role as a member of the infamous TrickBot group. Court documents showed that Vladimir Dunaev, 38, along with …
A Nigerian threat actor has been observed attempting to recruit employees by offering them to pay $1 million in bitcoins to deploy Black Kingdom ransomware on companies’ networks as part of an insider threat scheme. “The sender tells the employee that if they’re able to deploy ransomware on a company computer or Windows server, then …
Two new ransomware-as-service (RaaS) programs have appeared on the threat radar this month, with one group professing to be a successor to DarkSide and REvil, the two infamous ransomware syndicates that went off the grid following major attacks on Colonial Pipeline and Kaseya over the past few months. “The project has incorporated in itself the …
Law enforcement authorities in the Netherlands have arrested two alleged individuals belonging to a Dutch cybercriminal collective who were involved in developing, selling, and renting sophisticated phishing frameworks to other threat actors in what’s known as a “Fraud-as-a-Service” operation. The apprehended suspects, a 24-year-old software engineer and a 15-year-old boy, are said to have been …
In what’s a case of hackers getting hacked, a prominent underground online criminal forum by the name of Maza has been compromised by unknown attackers, making it the fourth forum to have been breached since the start of the year. The intrusion is said to have occurred on March 3, with information about the forum …
We distilled 30 independent reports dedicated to cybersecurity and cybercrime predictions for 2020 and compiled the top 5 most interesting findings and projections in this post. Compliance fatigue will spread among security professionals Being a source of ongoing controversy and debate, the California Consumer Privacy Act (CCPA) was finalized on 11th January 1, 2019. Driven …
Three young hackers who were sentenced late last year for creating and spreading the notorious Mirai botnet are now helping the FBI to investigate other “complex” cybercrime cases in return to avoid their lengthy prison terms. Paras Jha, 21 from New Jersey, Josiah White, 20 from Washington, and Dalton Norman, 21 from Louisiana, plead guilty …
Video: These are the platforms powering the $455B per year cybercrime industry – TechRepublic Video: These are the platforms powering the $455B per year cybercrime industry Etay Maor Executive Security Advisor at IBM how the same ‘trust mechanics’ used on e-commerce sites – user reviews, comments, and product ratings – drive the sale of zero …
Image: iStockphoto/a_Taiga The most common type of cybersecurity attack occurring in industries such as manufacturing, the public sector, and education, is cyberespionage according the Verizon 2017 Data Breach Investigations Report, released Thursday. For those unfamiliar with the term, cyberespionage takes place when an attacker gains unauthorized entry to a network to access proprietary documents or …