A Ukrainian national is facing wire fraud and other charges stemming from his alleged involvement in a years-long malvertising scheme that infected millions of PCs around the world. Authorities allege that he created a botnet that other cybercriminals could rent out.
With cyberattacks, online espionage and data breaches happening at a seemingly nonstop pace, Western intelligence agencies are bringing many of their capabilities out of the shadows to help businesses and individuals better safeguard themselves and respond. We need all the help we can get.
German police have disrupted Wall Street Market and arrested its alleged administrators, who apparently "exit scammed" with $13 million in bitcoins, while U.S. authorities detained two of the site's alleged top narcotics vendors. Separately, Finnish police disrupted Silkkitie, aka Valhalla Marketplace.
WikiLeaks founder Julian Assange returned to court on Thursday and told a British judge that he would not voluntarily accept extradition to the U.S. to face a charge of helping to hack into a Pentagon computer, setting up a legal fight that could take months.
An Australian security researcher who pleaded guilty to several charges related to probing the network of popular car-sharing service GoGet has avoided jail time. Nik Cubrilovic was sentenced to 400 hours of community service and must pay restitution to GoGet.
On Wednesday, a British judge sentenced WikiLeaks founder Julian Assange to 50 weeks in prison for violating the terms of his bail after he sought political asylum in Ecuador's U.K. embassy in 2012. Now he faces possible extradition to the U.S. to face a charge of "conspiracy to commit computer intrusion."
Cybercriminals have stolen customer data from Citycomp, a German IT company whose clients include Oracle, Volkswagen, Airbus, Ericsson, Toshiba British Telecom and many others. After Citycomp didn't pay a ransom, the hackers posted the data online.
Russian national Anton Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
The good news is: The development of new malware exploits has slowed considerably. The bad news is: That's because the old ones still continue to work so effectively. Adam Kujawa of Malwarebytes Labs talks about the evolution of ransomware and other successful exploits.
TA505, a sophisticated advanced persistent threat group, is now using legitimately signed certificates to disguise malware that can penetrate banking networks, security researchers warn in a new report.
The director of Britain's GCHQ intelligence agency said at this week's CyberUK conference that declassifying and putting "time-critical, secret information" for stopping online threats into the public's hands "in a matter of seconds" is an imperative.
Known for targeting banks and ATMs in Russia and other Eastern European countries, the "Silence" gang apparently is now expanding into other regions, using a combination of custom malicious tools and "living-off-the-land" techniques, researchers report.
Fraud, e-hustles and social engineering attacks continues to proliferate, the FBI's latest report into the state of internet crime confirms. But over the past year, a new FBI tactic for quickly stopping fraudulent wire transfers has notched notable successes.