Security News
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In the first five months of 2020, cryptocurrency crimes have totaled $1.4 billion, indicating that the year 2020 could see the second-highest value in cryptocurrency crimes, outside 2019's whopping $4.5 billion, a CipherTrace report found. The Spring 2020 Cryptocurrency Anti-Money Laundering and Crime report assessed the different tactics cybercriminals are using to commit cryptocurrency offenses.
Britain's National Crime Agency has hit on what looks like a simple way to stop impressionable teens from being sucked into cybercrime - advertise the terrible legal consequences using Google Ads. It sounds too good to be true - can a simple ad deter teen would-be hackers that easily? In fact, the evidence of similar campaigns run by the NCA in the past is that it has some effect.
The TA505 cybercrime group has ramped up its attacks lately, with a set of campaigns bent on spreading the persistent SDBbot remote-access trojan laterally throughout an entire corporate environment, researchers said. SDBbot RAT is a custom job that has been observed in TA505 attacks since at least September 2019; it offers remote-access capabilities and has a few spyware aspects, including the ability to exfiltrate data from the victimized devices and networks.
Sophisticated state-supported actors are following cybercriminals in exploiting the coronavirous pandemic and posing an "Advanced persistent threat", French defence technology giant Thales warned Monday. Hades, linked to the APT28 which is believed to be of Russian origin and behind an attack on the US Democrat party in 2016, was the first state-backed group to use the epidemic as bait, Thales' cyber intelligence service reported.
Like many of us, McCoy had an Android phone that was linked to his Google account, and he used plenty of apps that store location data: Gmail, YouTube, and an exercise-tracking app called RunKeeper that feeds off of Google location data and which helps users to track their workouts. On the day of the burglary - 29 March 2019 - Google knew that McCoy had passed the scene of the crime three times within an hour as he looped through his neighborhood during his workout.
Cryptocurrency users, exchanges and investors suffered $4.5 billion in crypto-related losses resulting from thefts, hacks, and fraud, a CipherTrace report reveals. Of additional concern for banks, 66 percent of dark market vendors sell stolen financial products and compromised accounts for cryptocurrency.
Greater Manchester Police is struggling with a partial outage of a Capita-built computer system used by frontline officers to input information. The PoliceWorks systems, which form part of the force's new iOPS - a £27m project undertaken by everyone's favourite outsourcer - went down after a planned IT upgrade at midnight on Monday.
So says Mieke Eoyang, long-time US government policy adviser and veep of the national security program at Washington DC think tank Third Way. After citing figures from Uncle Sam that show only three in 1,000 cyber-crimes are actually prosecuted - the actual ratio could be closer to three in 100,000 as the FBI tends to underestimate the extent of cyber-crime, she explained - Eoyang said police and agents are either told not to pursue online fraudsters or not given the training and resources to do so.
A US state that was struck by a ransomware attack last year is now proposing a local law that would ban possession of malicious software. Local news website the Baltimore Fishbowl reported that Maryland's Senate heard arguments on Senate Bill SB0030, a proposition that would "Label the possession and intent to use ransomware in a malicious manner as a misdemeanor" punishable with up to 10 years in prison and/or a $10,000 fine.