When renting a hitman online goes horribly wrong

You might think looking up an illegal act online, and then visiting a website claiming to be all about doing said act, would be a huge mistake. Nobody would do this, right? Right? Its too wild to contemplate. You can barely move online for warnings about tracking or tracing. Even your web browser...

A look inside the FBI’s 2018 IC3 online crime report

The FBI’s Internet Crime Complaint Center have released their annual Crime Report, with the most recent release focusing on 2018. While the contents may not surprise, it definitely cements some of the bigger threats to consumers and businesses—and not all of them are particularly high tech...

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...

Phishing Site hacked for teaching lesson to Scam Lovers

Phishing Site hacked for teaching lesson to Scam Lovers Researchers at the security firm GFI Labs found an email used to lure people to a phishing site called "canal-i. " The message attempts to scare unsuspecting readers by telling them they have exceeded the storage limit on their inbox, and...

Phishing Site hacked for teaching lesson to Scam Lovers

Phishing Site hacked for teaching lesson to Scam Lovers Researchers at the security firm GFI Labs found an email used to lure people to a phishing site called "canal-i." The message attempts to scare unsuspecting readers by telling them they have exceeded the storage limit on their inbox, and say...

14 Years in Jail for mass credit card theft

14 Years in Jail for mass credit card theft A 21 year old man received a 14 year prison sentenced on Friday for running an online business that sold counterfeit credit cards encoded with stolen account information with losses estimated at more than $3 million. Tony Perez III, of Hammond, Indiana,...

Report: Q2 Threat Evolution, the Year of the Hacktivist?

Scareware and Rogue AV are back with a vengeance in 2011, after receding in 2010 according to Kaspersky Lab’s latest threat evolution report. According to the report, the rogue AV resurgence is significant not only in scope, which was substantial, with the Kaspersky Security Network KSN detecting...

Mikko Hypponen : Fight cybercrime, but keep the net free

Mikko Hypponen : Fight cybercrime, but keep the net free Mikko Hypponen is an expert on cybercrime and chief research officer at F-Secure Corporation in Helsinki, Finland. TED is a nonprofit organization dedicated to "Ideas worth spreading," which it distributes on its website. In the real world,...

Mikko Hypponen : Fight cybercrime, but keep the net free

Mikko Hypponen : Fight cybercrime, but keep the net free Mikko Hypponen is an expert on cybercrime and chief research officer at F-Secure Corporation in Helsinki, Finland. TED is a nonprofit organization dedicated to "Ideas worth spreading," which it distributes on its website. In the real world,...

Why Takedowns Don't Reduce Online Crime

The last year has seen a string of takedowns of botnet command-and-control servers, malware drop zones, spam operations and other pieces of the crimeware infrastructure, each of which made a dent in one way or another. But the question of whether the takedowns have had any lasting effect on the...

Banks Lack Cybersecurity Measures: Top Interpol Official Raises Concerns

A top Interpol chief has expressed concerns about the cybersecurity measures in banks across the region. According to Major Ali Qubaisi, the Interpol team leader for the Middle East and North Africa, and head of the Economic Crimes unit of the Qatari Interior Ministry, banks in the region are...

A Closer Look at the Koobface Gang

The Koobface botnet is the tip of the iceberg for the malicious operations of the online crime ring. Here are the top 10 things you didn’t know about the Koobface gang. Read the full article. ZDNet...

Online Crime Easier, More Budget Friendly

Mainstream attention to Operation Aurora and the Kneber Zeus botnet are welcome. It underscores how the Internet underground has advanced to the point where a plethora of powerful hacking tools and services is readily available to novice hackers and elite crime gangs alike – with prices to fit...

School Districts Are Major Online Crime Targets

In the fall of 2009, districts in Colorado, Illinois, Oklahoma and Pennsylvania all reported thefts of tens of thousands of dollars. The threat continues: on January 5, 2010, the Duanesburg, New York Central School District disclosed an attempted theft of $3.8 million, about a quarter of the...

Online crime complaints hit record high in 2008

The FBI’s Internet Crime Complaint Center IC3 says complaints of online crime hit a record high in 2008, driven mostly by non-delivery of goods and service and those pesky 419 Nigerian e-mail scams. Accordign to a new report PDF from ic3.gov, the center received a a total of 275,284 complaints, a...