Archive for the ‘Cyber crime’ Category

IT admin gets 7 years for wiping his company’s servers to prove a point

Han Bing allegedly felt undervalued after his security warnings were ignored, and decided to prove his point by trashing four financial servers. An indignant IT admin, seemingly aiming to prove the lax security his employer had hitherto ignored, proceeded to delete a bunch of vital financial databases, and has subsequently been given seven years in […]

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FBI warns of vulnerabilities in medical devices following several CISA alerts

The FBI on Monday warned that hundreds of vulnerabilities in widely used medical devices are leaving a door open for cyberattacks. In a white notice from the FBI’s Internet Crime Complaint Center (IC3), the law enforcement agency said it has identified “an increasing number” of vulnerabilities posed by unpatched medical devices that run on outdated […]

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Messaging Apps Tapped as Platform for Cybercriminal Activity

Built-in Telegram and Discord services are fertile ground for storing stolen data, hosting malware and using bots for nefarious purposes. Cybercriminals are tapping the built-in services of popular messaging apps like Telegram and Discord as ready-made platforms to help them perform their nefarious activity in persistent campaigns that threaten users, researchers have found. Threat actors […]

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How vx-underground is building a hacker’s dream library

Editor’s Note: When malware repository vx-underground launched in 2019, it hardly made a splash in the hacking world. “I had no success really,” said its founder, who goes by the online moniker smelly_vx. But over the last couple of years, the site’s popularity has soared thanks in part to its robust Twitter presence that mixes […]

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Shopping trap: The online stores’ scam that hits users worldwide

Shopping trap: Criminal gangs from China have been using copies of online stores of popular brands to target users all over the world Malicious schemas linked to online stores are on the rise in 2022. Criminal gangs from China have been using copies of online stores of popular brands to target users all over the world and thereby trick […]

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Fake Cash Scams Thrive on Facebook and Insta—FTC

Cryptocurrency scammers love social media—especially Meta’s platforms. The Federal Trade Commission says hundreds of millions of dollars were scammed from U.S. consumers in 2021 (and that’s just the scams the FTC knows about). And the problem’s growing incredibly fast—with no hint of a fix in sight. Meta claims to be “tackling” it, but we’ve probably all […]

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Pegasus: Google reveals how the sophisticated spyware hacked into iPhones without user’s knowledge

Pegasus spyware was allegedly used by governments to spy upon prominent journalists, politicians and activists. A Google blog has revealed how the sophisticated software was used to attack iPhone users. The software used a vulnerability in iMessages to hack into iPhones without the user’s knowledge. The Pegasus spyware, developed by Israel’s NSO group, made headlines for being used by […]

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Combating cybercrime: Lessons from a CIO and Marine veteran

Combating cybercrime is exponentially more difficult than combating traditional criminal activities, as technologies and techniques make it very easy for cybercriminals to hide their true identities, locations, and allegiances. It’s a sobering situation, one that has resulted in extensive intellectual property theft, enormous financial losses, and the disruption of supply chains that deliver essential goods. As a […]

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FIN7 cybercrime gang creates fake cybersecurity firm to recruit pentesters for ransomware attacks

The FIN7 hacking group is attempting to enter in the ransomware business and is doing it with an interesting technique. The gang space creates fake cybersecurity companies that hire experts requesting them to carry out pen testing attacks under the guise of pentesting activities. FIN7 is a Russian criminal group that has been active since mid-2015, it focuses on restaurants, […]

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The Biden administration will work with 30 countries to curb global cybercrime

U.S. President Joe Biden announced that the US will work with 30 countries to curb cybercrime and dismantle ransomware gangs that are targeting organizations worldwide. “This month, the United States will bring together 30 countries to accelerate our cooperation in combatting cybercrime, improving law enforcement collaboration, stemming the illicit use of cryptocurrency, and engaging on […]

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