hackers

Officials believe the Olympics cyberattack was in retaliation to the International Olympic Committee's decision to ban Russia over the state-sponsored doping scandal.

From North Korean hacking groups to a JPMorgan Chase "technical" glitch affecting multiple online banking customers, here are the top cyber-related news stories of the week.

The spyware steals victims' photos, contacts, call logs and can also spy on conversations when the infected device is within range.

Votiro's findings come as hackers continue to develop new, clever ways to exploit victims and earn cryptocurrency often by exploiting popular platforms.

The seemingly secure document, however, actually contains the Adwind malware that is capable of exfiltrating data from the infected computer.

BitFunder founder Jon Montroll repeatedly lied to the Securities Exchange Commission to cover up a hack that saw the theft of over 6,000 bitcoins.

Despite being available for download for years, none of the antivirus engines are able to detect it as malicious.

The incident comes as cryptojacking heists become increasingly common and sophisticated alongside the rise and popularity of cryptocurrency.

"We believe this is the next team to watch," FireEye's director of intelligence analysis John Hultquist said.

Authorities said thousands have already fallen victim to the scheme described as a "new twist on an old scam".

Hackers have been found targeting several vulnerabilities in different servers to secretly install cryptomining software and generate digital currencies using victims' resources.

Hackers have targeted a slew of banks worldwide in recent years to gain illegal access to the Swift network and initiate fraudulent money transfers.

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.

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

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

"Salon never has access to your personal files or information during this process," the media site notes.

Widely believed to be linked to the North Korean regime, Lazarus Group has been linked to the 2014 Sony hack and the WannaCry ransomware attack in 2017 among others.

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

Over the past few months, security experts have observed a steady rise in cryptojacking attacks, malware-based miners and browser-based cryptominers.

Over the past few months, researchers observed an uptick in phishing campaigns targeting several Olympics organisations by the Kremlin-linked hacking group Fancy Bear.

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

The incident comes as cybercriminals increasingly look to tap into the growing digital currency market with cryptojacking attacks, malware and more

"Best international practice says that you don't talk about an attack," IOC spokesman Mark Adams said.

"DNS is still often treated differently providing a golden opportunity to leak data," Forcepoint researchers said.

A separate database that contained personal details of 53,000 current and former Sacramento Bee subscribers was also compromised.

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.

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

"I clicked on it and instantly knew that I had been had," one retired Air Force major general, who was sent a dubious phishing link, said.

Carlos Tapang of Washington alleges that T-Mobile's poor security allowed hackers to steal thousands of dollars in bitcoin.

For anyone typing quickly or letting browser autocomplete lead them to the "right" website, they may be just one letter away from being led to the dubious phishing website.