US Dept of Justice steps up legal action against crypto crime

By Uzair Amir Just last month, the department revealed it had arrested two Malaysian and sanctioned two Russians over two separate cases of crypto crime. This is a post from HackRead.com Read the original post: US Dept of Justice steps up legal action against crypto crime...

Industry-wide partnership on threat-informed defense improves security for all

MITRE Engenuity’s Center for Threat-Informed Defense has published a library of detailed plans for emulating the threat actor FIN6 which Microsoft tracks as TAAL, a collection of threat intelligence, MITRE ATT&CK data, supporting scripts, and utilities designed to enable red teams to emulate the...

Creepy ‘Geofence’ Finds Anyone Who Went Near a Crime Scene

Police increasingly ask Google and other tech firms for data about who was where, when. Two judges ruled the investigative tool invalid in a Chicago case...

A British AI Tool to Predict Violent Crime Is Too Flawed to Use

A government-funded system known as Most Serious Violence was built to predict first offenses but turned out to be wildly inaccurate...

Secret Service Creates Cyber Fraud Task Forces

The U.S. Secret Service has created the Cyber Fraud Task Forces CFTFs, aimed at preventing, detecting and mitigating complex cyber-enabled financial crime – including making arrests and convictions. The CFTF is the result of a formal merging of two of the Secret Service’s existing units into a...

Encryption-Busting EARN IT Act Advances in Senate

Plus: A massive crime bust in Europe, a warning from US Cyber Command, and more of the week's top security news...

E.U. Authorities Crack Encryption of Massive Criminal and Murder Network

European law-enforcement officials have shut down an encrypted Android-based communications platform used exclusively by criminals to plot murders, traffic illegal drugs, commit money laundering and plan other organized crimes. An international law-enforcement team from the France and the...

Police Arrested Hundreds of Criminals After Hacking Into Encrypted Chat Network

In a joint operation, European and British law enforcement agencies recently arrested hundreds of alleged drug dealers and other criminals after infiltrating into a global network of an encrypted chatting app that was used to plot drug deals, money laundering, extortions, and even murders. Dubbed...

Romanian Skimmer Gang in Mexico Outed by KrebsOnSecurity Stole $1.2 Billion

An exhaustive inquiry published today by a consortium of investigative journalists says a three-part series KrebsOnSecurity published in 2015 on a Romanian ATM skimming gang operating in Mexico's top tourist destinations disrupted their highly profitable business, which raked in an estimated $1.2...

Hurricane-Related Scams

June 1 marks the official start of the 2020 Atlantic hurricane season. The Cybersecurity and Infrastructure Security Agency CISA warns users to remain on alert for malicious cyber activity targeting potential disaster victims and charitable donors following a hurricane. Fraudulent emails—often...

UK Ad Campaign Seeks to Deter Cybercrime

The United Kingdom's anti-cybercrime agency is running online ads aimed at young people who search the Web for services that enable computer crimes, specifically trojan horse programs and DDoS-for-hire services. The ad campaign follows a similar initiative launched in late 2017 that academics say...

Verizon’s 2020 DBIR

Verizon's 2020 DBIR is out, you can download a copy or peruse their publication online. Kaspersky was a contributor once again, and we are happy to provide generalized incident data from our unique and objective research. We have contributed to this project and others like it for years now. This...

U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. A memo seen by...

Ransomware Against the Machine: How Adversaries are Learning to Disrupt Industrial Production by Targeting IT and OT

Since at least 2017, there has been a significant increase in public disclosures of ransomware incidents impacting industrial production and critical infrastructure organizations. Well-known ransomware families like WannaCry, LockerGoga, MegaCortex, Ryuk, Maze, and now SNAKEHOSE a.k.a. Snake /...

Business Email Compromise. What to do

The FBI has just released it’s annual Internet Crime Report for 2019, it makes for some really interesting and depressing reading. The mainstream media focused on the headline figure of $3.5Bn in losses in 2019, but what caught my eye is the Business Email Compromise BEC or CEO Fraud stats. I...

FBI: $3.5B Lost in 2019 to Known Cyberscams, Ransomware

Cybercriminals are focusing on previously successful internet scams to defraud businesses and individuals in the United States out of more money than ever before, according to the FBI’s annual report on cybercrime. Meanwhile, ransomware continues to take a big financial toll on victims. Businesse...

FBI Releases IC3 2019 Internet Crime Report

The Federal Bureau of Investigation FBI Internet Crime Complaint Center IC3 has released the 2019 Internet Crime Report, which includes statistics based on data reported by the public through the IC3 website. The top three crimes types reported by victims in 2019 were...

Russian Cybercrime Boss Burkov Pleads Guilty

Aleksei Burkov, an ultra-connected Russian hacker once described as "an asset of supreme importance" to Moscow, has pleaded guilty in a U.S. court to running a site that sold stolen payment card data and to administering a highly secretive crime forum that counted among its members some of the mo...

Feds Cut Off Access to Billions of Breached Records with Site Takedown

The feds and international law enforcement have taken down a website that was selling access to billions of stolen personal records. The FBI and the Department of Justice said on Thursday that they, in conjunction with the Dutch police, the United Kingdom’s National Crime Agency and Germany’s...

Hacker Who Tried to Blackmail Apple for $100,000 Sentenced in London

A 22-year-old man who claimed to have access to more than 300 million iCloud accounts00 million iCloud accounts—and threatened to wipe them unless Apple paid a ransom—has pleaded guilty in London to attempting to blackmail the company. In March 2017, the attacker from North London said he was a...