Security News

Unmasking XE Group: Experts Reveal Identity of Suspected Cybercrime Kingpin
2023-06-01 14:55

Cybersecurity researchers have unmasked the identity of one of the individuals who is believed to be associated with the e-crime actor known as XE Group. According to Menlo Security, which pieced together the information from different online sources, "Nguyen Huu Tai, who also goes by the names Joe Nguyen and Thanh Nguyen, has the strongest likelihood of being involved with the XE Group."

6 Steps to Effectively Threat Hunting: Safeguard Critical Assets and Fight Cybercrime
2023-05-31 11:47

How to do that efficiently and effectively is no small task - but with a small investment of time, you can master threat hunting and save your organization millions of dollars. This article offers a detailed explanation of threat hunting - what it is, how to do it thoroughly and effectively, and how cyber threat intelligence can bolster your threat-hunting efforts.

U.K. Fraudster Behind iSpoof Scam Receives 13-Year Jail Term for Cyber Crimes
2023-05-22 07:01

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.

Cybercrime gang pre-infects millions of Android devices with malware
2023-05-18 21:40

Trend Micro has not elaborated on how Lemon Group infects devices with the malicious firmware containing Guerilla but clarified that the devices its analysts examined had been re-flashed with new ROMs. The analysts identified over 50 different ROMs infected with initial malware loaders, targeting various Android device vendors. "The criminal group has infected millions of android devices, mainly mobile phones, but also smart watches, smart TVs and more," reads the description of Trend Micro's Black Hat talk.

This Cybercrime Syndicate Pre-Infected Over 8.9 Million Android Phones Worldwide
2023-05-18 16:30

A cybercrime enterprise known as Lemon Group is leveraging millions of pre-infected Android smartphones worldwide to carry out their malicious operations, posing significant supply chain risks. The activity encompasses no fewer than 8.9 million compromised Android devices, particularly budget phones, with a majority of the infections discovered in the U.S., Mexico, Indonesia, Thailand, Russia, South Africa, India, Angola, the Philippines, and Argentina.

Infamous cybercrime marketplace offers pre-order service for stolen credentials
2023-05-17 03:30

Infostealer malware, which consist of code that infects devices without the user's knowledge and steals data, remains widely available to buy through underground forums and marketplaces, with the volume of logs, or collections of stolen data, available for sale increasing at alarming rates, according to Secureworks. "Infostealers are a natural choice for cybercriminals who are looking to rapidly gain access to businesses and then monetize that access," said Don Smith, VP threat research, Secureworks CTU. "They are readily available for purchase, and within as little as 60 seconds of installation on an infected computer will immediately generate a return on investment in the form of stolen credentials and other sensitive information. However, what has really changed the game, as far as infostealers are concerned, is improvements in the various ways that criminals use to trick users into installing them. That, coupled with the development of dedicated marketplaces for the sale and purchase of this stolen data, has really upped the ante," added Smith.

Spanish Police Takes Down Massive Cybercrime Ring, 40 Arrested
2023-05-11 14:00

The National Police of Spain said it arrested 40 individuals for their alleged involvement in an organized crime gang called Trinitarians. Among those apprehended include two hackers who carried out bank scams through phishing and smishing techniques and 15 other members of the crime syndicate, who have all been charged with a number of offenses such as bank fraud, forging documents, identity theft, and money laundering.

EFF on the UN Cybercrime Treaty
2023-04-19 10:07

EFF has a good explainer on the problems with the new UN Cybercrime Treaty, currently being negotiated in Vienna. The draft treaty has the potential to rewrite criminal laws around the world, possibly adding over 30 criminal offenses and new expansive police powers for both domestic and international criminal investigations.

FIN7 and Ex-Conti Cybercrime Gangs Join Forces in Domino Malware Attacks
2023-04-17 13:50

A new strain of malware developed by threat actors likely affiliated with the FIN7 cybercrime group has been put to use by the members of the now-defunct Conti ransomware gang, indicating collaboration between the two crews. The latest intrusion wave, spotted by IBM Security X-Force two months ago, involves the use of Dave Loader, a crypter previously attributed to the Conti group, to deploy the Domino backdoor.

Russia-pushed UN Cybercrime Treaty may rewrite global law. It's ... not great
2023-04-14 23:46

The UN Cybercrime Treaty, to the extent it gets adopted, is expected to define global norms for lawful surveillance and legal processes available to investigate and prosecute cybercriminals. What concerns Rodriguez and other representatives of advocacy groups at the briefing is that the treaty negotiators will compromise on surveillance, privacy, and human rights.