Microsoft, Kaspersky Shed Light on Sefnit Tor Botnet

Alarm bells went off last August when spikes in Tor client downloads were traced to a large click-fraud and Bitcoin-mining botnet called Sefnit. The malware was using the popular anonymity network to communicate with hackers in order to transmit stolen data and receive additional commands. In...

Bluetooth Gas Pump Skimmer Scam Nets $2 Million

Thirteen men were indicted this week for allegedly using Bluetooth-enabled skimmers to steal more than $2 million from customers at gas stations across the Southern United States between 2012 and 2013. Documents released on Tuesday by the offices of Manhattan District Attorney Cyrus R. Vance, Jr...

Bluetooth enabled Credit Card Skimmers planted at Gas Station lead to $2 Million heist

Cyber Criminals will not let any way out without making Money. Another huge Credit Card theft and this time they targeted Gas Stations. 13 men were suspected and charged for stealing banking information, using Bluetooth enabled Credit Card Skimmers planted on the gas stations throughout the...

$100 Million Worth of Bitcoins Stolen

UPDATE: As if Bitcoin malware and Bitcoin mining malware weren’t enough to worry about, there was more trouble for the users of the digital crypto-currency last week as 96,000 Bitcoins disappeared from the Sheep Marketplace. Bicoin’s value has surged in recent weeks, peaking at an astonishing...

Dutch Police arrested TorRAT Malware Gang for stealing over Million Dollar

The TorRAT malware was first appeared in 2012 as spying tool only. But from August 2012, Bitcoin Mining feature was added and it became a powerful hacking tool that was commonly associated with attacks on Financial institutions. ab This year TorRat Malware targeted two out of three major Banks in...

FBI Seized 144,000 Bitcoins worth $28.5 Million From Silk Road Bust

The world's favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency. Bitcoin is an open-source,...

FBI Seized 144,000 Bitcoins worth $28.5 Million From Silk Road Bust

The world’s favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency. Bitcoin is an open-source,...

Bitcoin Makes Cybercrime Arrests Harder than Ever

WASHINGTON, D.C. – The good news is that cooperation between the various law enforcement agencies in different countries all over the world is at an all time high; the bad news is that cybercriminals have embraced a potent combination of the anonymous online currency Bitcoin and equally anonymous...

FBI Shuts Down Online Drug, Hacking Market Silk Road

The FBI has taken down the infamous Silk Road underground drug market, arresting Ross William Ulbricht in San Francisco yesterday and charging him not only with the distribution of illegal drugs including heroin and LSD, but also with a number of computer hacking crimes. Ulbricht, who was known a...

Criminals rapidly migrating to new digital Currency 'Perfect Money' after Liberty Reserve takedown

There are so many ways to move money anonymously on the Internet and US Justice Department has declared war on currencies widely used by cyber criminals. Just after the Law Enforcement in 17 countries shuts down 'Liberty Reserve', a $6 billion digital money laundering operation, now the criminals...

Feds Bust Ukrainian Cybercrime Ring

Federal officials charged eight members of a Ukrainian cybercrime ring this week after they allegedly tried to illegally access the networks of a number of financial institutions including Citibank, JP Morgan Chase, TD Ameritrade and PayPal, along with the U.S. Department of Defense’s Finance and...

Liberty Reserve Domains Seized, Money Laundering Charged

Federal law enforcement officials in the United States seized domains belonging to the Costa Rican-based Liberty Reserve, a payment processor, money transfer service, and digital currency exchange reportedly used by criminals as a means for laundering money. Liberty Reserve was also the subject o...

Liberty Reserve founder arrested for money laundering, service closed down

Liberty Reserve, a payment processor similar to Paypal was down on Saturday after the founder of Liberty Reserve, Arthur Budovsky Belanchuk, 39, on Friday was reportedly arrested in Spain by Costa Rican authorities after his they raided suspect´s home and offices in San José and Heredia. Mr...

Liberty Reserve founder arrested for money laundering, service closed down

Liberty Reserve, a payment processor similar to Paypal was down on Saturday after the founder of Liberty Reserve, Arthur Budovsky Belanchuk, 39, on Friday was reportedly arrested in Spain by Costa Rican authorities after his they raided suspect´s home and offices in San José and Heredia. Mr...

The biggest bank robbery in history, Hackers stole $45 million

They didn't use guns, masks or even threatening notes passed to bank tellers. It may be the largest bank robbery in history. A gang of cyber-criminals operating in 26 countries stole $45 million by hacking their way into a database of prepaid debit cards. Reportedly, the group of hackers targeted...

The biggest bank robbery in history, Hackers stole $45 million

They didn't use guns, masks or even threatening notes passed to bank tellers. It may be the largest bank robbery in history. A gang of cyber-criminals operating in 26 countries stole $45 million by hacking their way into a database of prepaid debit cards. Reportedly, the group of hackers targeted...

UK banks hit by Ramnit banking malware and social engineering attacks

A dangerous variant of the Ramnit malware has been discovered targeting the UK's financial sector. Trusteer claims to have discovered an interesting trojan based attack technique that injects highly convincing and interactive real-time messages into the user Web stream that they encounter when...

Europol Takes Down Ransomware Gang in Spain, UAE

A ransomware ring was taken down Wednesday in the United Arab Emirates and Spain by Europol and Spanish law enforcement, smashing an operation that netted more than €1 million annually. The eleven individuals arrested included six Russians, two Ukrainians and two Georgians; the 27-year-old...

Hacker charged for funding terrorist groups

A hacker 'Cahya Fitrianta' sentenced to eight years in prison by the West Jakarta District Court judges for hacking into many economic websites to steal money and funding that money to terrorist groups. He is also ordered to pay a Rp 500 million $51,000 fine. He is charged with breaking into many...

Hacker charged for funding terrorist groups

A hacker 'Cahya Fitrianta' sentenced to eight years in prison by the West Jakarta District Court judges for hacking into many economic websites to steal money and funding that money to terrorist groups. He is also ordered to pay a Rp 500 million $51,000 fine. He is charged with breaking into many...