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Antivirus Software: No Match For Potential Cybercrime

Antivirus Software: No Match For Potential Cybercrime

By Ashley Olds February 13, 2014

“There are only two kinds of companies: those who have been breached and those who will be breached.” Such is the claim of Cynthia James, director of business development for Kaspersky Lab, a leading antivirus and Internet security firm. Her …

Leaked Report Shows Bitcoins Are on FBI's Radar Leaked Report Shows Bitcoins Are on FBI's Radar
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Wired has obtained a new report from the FBI that details the agency’s growing concern that Bitcoins will become an attractive currency for those looking to dabble in some illicit activities without (hopefully) getting caught. I won’t go into the …

Teen Tries to Blackmail Russian Billionaire Teen Tries to Blackmail Russian Billionaire

A Russian SWAT team recently stormed the house where a 17-year-old student who was living with his mom, to grab his laptop, after linking the computer to repeated murder-for-hire related extortion attempts. The teen had allegedly attempted to blackmail Russian …

Tech Corruption in China [Infographic] Tech Corruption in China [Infographic]

A new chart illustrates the love/hate relationship China has with technology. Having the largest internet user base in the world, along with a country-wide firewall, China has been at odds with the internet, as well as all sorts of corruption …

The Rise of Hacktivism [Infographic] The Rise of Hacktivism [Infographic]

Depending on who’s telling the story, propagators of today’s cyber attacks are usually labelled either cybercriminals or hacktivists. It’s easy to spot the difference in connotations here; the first is a nefarious, mysterious, generally bad term, while the second lends …

Russian Police Arrest 8 in Carberp Trojan Case Russian Police Arrest 8 in Carberp Trojan Case

Russian authorities have arrested eight men suspected of using the Carberp Trojan and other malware, to make millions through electronic banking fraud. The men arrested are suspected of being members of a Moscow-based gang that was going after the bank …

Anonymous Timeline Alleges #AntiSec an FBI Creation Anonymous Timeline Alleges #AntiSec an FBI Creation
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Affiliates of the Anonymous movement are no stranger to FBI infiltration. Now, however, the hackers and their supporters are wondering if the #AntiSec group was not only infiltrated by federal investigators, but whether the group was itself a creation of …

Anonymous Attacks Vatican For Third Time in One Week Anonymous Attacks Vatican For Third Time in One Week

It’s been a hard past week for the Vatican’s online presence. Since members of Anonymous declared war on religion last Monday, and as a part of the latest retaliatory cyber attacks following the indictment of several suspected hackers, Vatican servers …

Cybercrime Bill Would Allow U.S. To Police World Cybercrime Bill Would Allow U.S. To Police World
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The U.S. is trying to dabble in policing the Internet again, but in a vastly different way. Meet S.1469 or the International Cybercrime Reporting and Cooperation Act. The bill was introduced recently into the Senate by Senator Kirsten Gillibrand of …

FBI: Internet Crime Complaints Top 300,000 In 2010
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In 2010 there were 303,809 complaints of Internet crime, the second-highest total in 10 years according to the FBI’s Internet Crime Complaint Center (IC3).

The IC3 received an average of 25, 317 complaints per month in 2010. Non-delivery of payment or merchandise accounted for the most common complaints (14.4%). Scams using the FBI’s name (13.2%) and identity theft (9.8%) rounded out the top three types of complaints.

 

Norton Launches Cybercrime Index

Norton has introduced a cybercrime index, which tracks and warns computer users of daily threats.

The Norton Cybercrime Index alerts people to online risks, including the day’s most dangerous websites, the most hijacked search terms by cybercriminals, as well as scams identity theft and spam.

 

 

Malware Reaches An All-Time High

Malware reached its highest levels ever in the first six months of 2010, according to a new report from McAfee.

McAfee found 6 million malicious files in the second quarter, compared to 4 million in the first quarter.  Threats on portable storage devices were the most popular malware, followed by fake anti-virus software and social media specific malware. With 55,000 new pieces of malware that appear everyday, globally AutoRun malware and password-stealing Trojans round out the top two malware threats.

Agency Marks 10 Years Fighting Cybercrime
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The Internet Crime Complaint Center is marking its 10-year anniversary of fighting cybercrime.

The Internet Crime Complaint Center (IC3) was established in May 2000 as a partnership between the National White Collar Crime Center (NW3C) and the Federal Bureau of Investigation. Since its launch IC3 has received more than 1.5 million complaints of cybercrime.

"This year marks the first decade of our partnership with NW3C addressing nearly 1.5 million Internet crime complaints to IC3," said Bill Hinerman, FBI Unit Chief for IC3.

Hijacked Brands Reach Record Level In Q4
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Cybercrime syndicates are expanding the base of brands they exploit for online fraud beyond major financial institutions and online merchants, according to a new report from the Anti-Phishing Working Group (APWG).

The number of hijacked brands reached a record 356 in October, up nearly 4.4 percent from the previous record of 341 in August 2009.

The Riskiest Search Terms On The Internet
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Some of the riskiest searches on the Internet currently have to do with finding items for free, or looking for work that can be done from home, according to a new report from McAfee.

Search categories like these are used to lure unsuspecting consumers to their websites. Cybercriminals are often able to convince users to download files carrying, malicious software that can cause people to expose personal and financial information.

McAfee Rolls Out Free Online Cybercrime Site

McAfee has introduced a free online Cybercrime Response Unit aimed at detecting cybercrime and helping users recover from it.

"With physical crime you know right away if your house has been broken into or your car has been stolen, but with cybercrime, it’s not that obvious. Most people don’t even know they’re a victim, and they rarely know what to do next," said McAfee President and Chief Executive Officer Dave DeWalt.

Cybercrime Continues To Grow At Rapid Pace

Cybercrime continued to grow at a rapid pace throughout 2008,primarily targeting personal financial information of computer users, according to a new report from Symantec.

Symantec said it created more than 1.6 million new malicious code signatures in 2008, which accounts for more than 60 percent of the total malicious code signatures ever created by the security firm.