Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
An international coalition of police agencies made 179 arrests and seized virtual currency, cash and drugs based on intelligence gathered from earlier takedowns of the Wall Street and Alphabay darknet marketplaces.
Reviewing online attack trends for the first half of the year, numerous cybersecurity firms agree: COVID-19 was king. As the pandemic has reshaped how many live and work, so too has it driven attackers to attempt to exploit work-at-home challenges and virus fears.
What will be the impact of the leak of investigatory documents from FinCEN - the U.S. Treasury Department's Financial Crimes Enforcement Network? For starters, experts warn that FinCEN reports may reveal sensitive information tied to banks and law enforcement agencies' investigatory tools and tactics.
Foreign and domestic hacking activity targeting NASA continues to grow at a time when many staffers are working at home, space agency officials testified at a Friday Congressional hearing where they were questioned about risk mitigation efforts.
Hackers compromised the network of Saudi Arabia's Virgin Mobile KSA, gained email system access and offered stolen data for sale on the dark web. According to a source with knowledge of the attack, the incident - remediated late last week - is one of a string of attacks against organizations in the Middle East.
The posting on Russian underground forums of source code for the Android mobile banking Trojan Cerberus has led to an increase in attacks as well as updates to the malware, the security firm Kaspersky reports.
Empire is the latest darknet market to "exit scam," meaning administrators ran away with users' cryptocurrency, leaving the market to fail. Given the ongoing risk of exit scams, as well as police often targeting such markets, why do they persist?
Two Russian nationals have been charged with using phishing techniques and spoofed domains to steal over $16 million from three cryptocurrency exchanges in 2017 and 2018, according to the U.S. Justice Department.
Many financial institutions have deployed fraud fusion centers as a way to help mitigate risks. But as fraudsters revamp their techniques, banks need to revamp these centers to keep up, says Jeff Dant of BMO Financial Group, who will speak at ISMG's Virtual Cybersecurity and Fraud Summit: Toronto.
Federal prosecutors have unsealed indictments charging five Chinese suspects - alleged members of the China-linked APT41 hacking group - with breaching more than 100 companies, government agencies and other organizations around the world.
A recently uncovered Linux malware variant dubbed "CDRThief" is targeting VoIP networks to steal phone metadata, such as caller IP addresses, ESET reports. The malware appears to be designed for cyberespionage or fraud.
TeamTNT, a recently uncovered hacking group, is weaponizing Weave Scope, a legitimate cloud monitoring tool, to help install cryptominers in cloud environments, according to reports from Intezer and Microsoft.
The U.S. Cybersecurity and Infrastructure Security Agency is warning of an increase in targeted distributed denial-of-service attacks against financial and government organizations worldwide. And security firms also are tracking the incidents in these and other sectors.