Security News
India is grappling with a three-and-a-half year surge in cyber crime, with analysis suggesting cities like Bengaluru and Gurgaon - centers of India's tech development - are also hubs of evil activity. The report - A Deep Dive into Cybercrime Trends Impacting India from the non-profit Future Crime Research Foundation - identified cyber crime hot spots, as well as the most popular types of infosec assaults, from January 2020 until June 2023.
The International Criminal Court said criminals breached its IT systems last week but it isn't over yet, with the ICC saying the "Cybersecurity incident" is still ongoing. As the court continues to analyze and mitigate the impact of the incident, the priority is ensuring that the core work of the Court continues.
From BT and Nvidia to Grand Theft Auto 6, pair were on a total tear Two teenage members of the chaotic Lapsus$ cyber-crime gang helped compromise computer systems of Uber and Nvidia, and also...
The surge in victims of identity scams is likely caused by many different things, she noted, including: the sheer volume of online interactions the public conducts daily, the shift to digital-only transactions, the growing complexity of attacks, the availability of low-cost tools accessible to criminals, and the accessibility of identity information and personal data. Based on the survey, a growing number of identity crime victims who contacted the ITRC shared experiencing suicidal thoughts.
The demand for these services has led to criminal service providers springing up to supply these needs, and in an almost virtuous cycle of malice, this supply of cybercrime services enables the entire cybercrime threat landscape. Actors can now buy malware, infrastructure, and phishing as a service; they can even easily purchase access to victims from initial access brokers.
The usage of platforms like Cash App, Zelle, and Venmo for peer-to-peer payments has experienced a significant surge, with scams increasing by over 58%. Additionally, there has been a corresponding rise of 44% in scams stemming from the theft of personal documents, according to IDIQ. AI voice technology. The report also highlights the rise of AI voice scams as a significant trend in 2023.
International cops have arrested a suspected "Key figure" of a cybercrime group dubbed OPERA1ER that has stolen as much as $30 million from more than 30 banks and financial orgs across 15 countries. According to Interpol, which led the international task force in Operation Nervone to take down the gang's ringleader, OPERA1ER has stolen at least $11 million - but possibly as much as $30 million - from organizations across Africa, Asia, and Latin America.
A U.K. national responsible for his role as the administrator of the now-defunct iSpoof online phone number spoofing service has been sentenced to 13 years and 4 months in prison. He pleaded guilty last month to a number of cyber offenses, including facilitating fraud and possessing and transferring criminal property.
The Identity Theft Resource Center has documented incidents of identity theft reported during 2022 and the first quarter of 2023, highlighting the use of strategies by criminals to convince people to willingly share protected information. Identity crimes in 2022 55% of identity crime cases were related to compromised credentials, 40% reported cases were due to misuse of credentials, and 1% of reported cases were due to victims being notified about attempted but unsuccessful misuse of their credentials.
The National Police of Spain have arrested two hackers, 15 members of a criminal organization, and another 23 people involved in illegal financial operations in Madrid and Seville for alleged bank scams. The cybercrime operation is an email and SMS-based phishing campaign that allegedly scammed over 300,000 people and resulted in confirmed losses of at least 700,000 euros.