All Posts Tagged Tag: ‘Cybercrime’

Over 1 Billion Online Usernames, Passwords Reportedly Stolen

Wow, this is a big one. A first reported by The New York Times, Hold Security discovered that a Russian crime ring has stolen 1.2 billion user name and passwords combinations and over 500 million email addresses from 420,000 websites “including household names and small Internet sites”. The Times reports: Hold Security would not name the victims, citing nondisclosure agreements …

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Antivirus Software: No Match For Potential Cybercrime

“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 assessment may not be far off, either. Identity theft against Target and Neiman Marcus during the holidays last year ended …

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ATMs Hacked With USB Drives for Cash

The BBC is reporting that hackers have found a way to get Automatic Teller Machines (ATMs) to spit out cash, and even have systems worked out that allow them to return to the same machines over and over again to continue draining them of bills. Details of how the hackers were pulling off the cyber-heists were presented at the Chaos …

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Facebook Donates $250,000 to UAB Cybercrime Researchers

October is National Cyber Security Awareness month, and in light of that Facebook has just made a sizable donation to one of the country’s best cybercrime research programs. Facebook has donated $250,000 to The Center for Information Assurance and Joint Forensics Research, location at the University of Alabama at Birmingham. That’s CIA|JFR at UAB, for short. CIA|JFR is a “multidisciplinary …

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Cybercrime Costs on the Rise, HP-Sponsored Study Finds

HP and the Ponemon Institute today unveiled a new security study that shows the cost and frequency of cybercrime has risen for the third year in a row. The 2012 Cost of Cyber Crime Study, conducted by the Ponemon Institute and sponsored by HP, found that the average annual cost of cybercrime for U.S. organizations was $8.9 million in 2012. …

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Mobile And Social Are The New Frontiers Of Cybercrime

Cybercrime is perhaps the most devastating, yet most preventable, form of crime. Victims can have their lives utterly destroyed by a hacker. Those same victims often share a part in the blame because it could have been easily prevented by using some common sense and utilizing online security tools that are freely available to all. Unfortunately, many of the rules …

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Bitcoins Are on FBI’s Radar According to Leaked Report

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 ins and outs of how Bitcoins work since I covered that pretty extensively last month, but here’s the Cliff’s notes …

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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 businessman Suleiman Kerimov, who is worth roughly $7.8 billion, by sending him emails claiming that he was a hitman ordered …

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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 surrounding counterfeit technology, product knock-offs, cybercrime, etc. Shanzhai, the Chinese outfit that copies Apple products, and maker of the D-Pad …

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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 a more human, heroic, or at the very least admirably rebellious light to the attacks. A lot of hackers out …

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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 accounts Russian Nationals, bringing in about $2 million since October 2011. The scheme involved using malware to steal login creditionals …

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Anonymous Timeline Alleges #AntiSec an FBI Creation

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 the FBI, intended as a honeypot to attract the movement’s top hackers. Anonymous PR Wing @YourAnonNews announced its suspicions on …

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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 have been targeted at least three times. First they took down the Vatican homepage, then they broke into a Vatican …

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Senate Introduces Global Cybercrime Enforcement Bill

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 New York. It’s goal is “to require reporting on the capacity of foreign countries to combat cybercrime, to develop action …

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FBI: Internet Crime Complaints Top 300,000 In 2010

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.


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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.



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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.

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Agency Marks 10 Years Fighting Cybercrime

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.

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Hijacked Brands Reach Record Level In Q4

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.

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