Cybercrime

For their roles in what US prosecutors have called "one of the largest" known cybercrime schemes, two Russian nationals were handed lengthy prison terms this week.

Since 2015, a bitcoin-stealing cybercrime gang has been launching phishing attacks exploiting Google's own advertising network to pilfer more than $50m worth of cryptocurrency.

Rusty Carter, VP of Product Management at Arxan Technologies talks about Meltdown and Spectre.

Suzanne McAndrew, Managing Director, Talent & Rewards, Willis Towers Watson says just 18% of breaches driven directly by external threats.

GPU manufacturers are scrambling to deal with rapidly rising demand for graphics cards.

The new variant of AndroRAT disguises itself as an app called TrashCleaner, which once installed, can allow hackers to perform various malicious activities.

The hacker group created customised chat apps with backdoor functionalities for both Android and Windows.

Paul Worrall, Co-Founder of Zonafide talks about self-sovereign identity as a solution to cybercrime.

A group of North Korean hackers were sent to China and required to make up to $100,000 a year for the reclusive regime by any means, or face "severe" consequences.

Simon Rodway, UK pre-sales solution architect at Entersekt, discusses identity as security and how banks can make the authentication process easier for customers.

Sources said that the Coincheck hackers are using the anonymity provided by the dark web to help launder the stolen cryptocurrency, which is known as NEM.

The case has been dubbed "one of the largest cyber fraud enterprise prosecutions ever undertaken" by the Justice Department.

Swiss mobile phone operator says data systems were breached in 2017 and contact details of about 800,000 customers compromised.

A cheap and easy-to-deploy hacking tool used by cybercriminals to covertly hijack computers has been dismantled in an international policing operation.

"Those infected devices are actively trying to spread malicious code," researchers said.

Similar to other ransomware, Scarabey demands a Bitcoin payment from victims after infecting their system and encrypting all files.

The FBI has identified four variations of the scam that claimed the recipient has been a victim of a fraud scheme or a cybercrime.

Andy Kays, Chief Technical Officer at UK-based threat detection and response specialist, Redscan.

BeeToken has confirmed the phishing attacks, warning users to be wary of emails and Telegram messages asking for funds.

"It is interesting to see a new ransomware being distributed via exploit kits in what so far seems to be a few ongoing campaigns," researchers said.

Google Play store riddled with malware and viruses but elite engineers promise work underway to clean up shop.

Experts found that the highest number of leaked credentials, 555,000 credentials, came from the financial sector.

Blockchain technology can make transactions safe and secure, but cryptocurrency exchanges trading bitcoins and other virtual currencies are still being hacked.

Hackers targeted Bitcoin payments of LockerR ransomware, GlobeImposter ransomware, Sigma ransomware and others.

"This should be treated as a call to action to take appropriate steps to protect their ATMs against these forms of attack and mitigate any consequences," ATM vendor NCR said.

Security researchers found that Dridex and BitPaymer ransomware, share several similarities in code and evasion techniques.

Hackers stole over $500m from Coincheck, a major Tokyo-based cryptocurrency exchange, in the biggest cryptocurrency heist to date.

Around 15 to 30 million people have likely been affected by the new Monero mining campaign, which was launched just four months ago.

HM Revenue and Customs (HMRC) has stopped thousands of taxpayers from receiving scam text messages, with 90% of the most convincing halted before they reached phones.

The malicious malware is designed to find and harvest a slew of sensitive data including credentials, browser data and even cryptocurrency wallets