On the upside, the Bureau recovered more than US$300 million in funds lost to online scams last year. In 2019, the United States’ Federal Bureau of Investigation (FBI) received more than 467,000 cybercrime complaints that caused an estimated US$3.5 billion in losses, according to the Bureau’s annual 2019 Internet Crime Report (IC3). Last year saw both the … More FBI: Cybercrime losses tripled over the last 5 years
The “evolution” of these markets is making cybercrime easier than ever before. Are you in the market for stolen data? How about some tools to help you steal data or make money by hijacking other people’s computers? Well you’re in luck. It is now easier than ever to engage in cybercrime thanks to “next generation” … More Next Generation Dark Markets? Think Amazon or eBay for criminals
The nature of the vulnerability hasn’t been disclosed, but is said to have already been identified and fixed. Several hundred inmates at five prisons in the northwestern US state of Idaho have exploited a software vulnerability in their “prison-specific” tablets to transfer $225,000 worth of digital credits to their virtual accounts, according to a BBC report. … More Inmates hack prison tablets for free credits
Gary Davis accused of working as an administrator for the notorious dark web marketplace appears in a federal court in New York. A 30-year-old Irish man accused of working for the dark web marketplace Silk Road has been extradited to the United States to face charges. Gary Davis, was arrested in 2014 and charged with being an administrator … More Irishman extradited to the US to face charges relating to Silk Road
Law enforcement and malware research join forces to take down cybercriminals. The primary purpose of malware analysis is to determine how a given piece of malware works, extract IOCs (Indicators of Compromise) and determine potential countermeasures. This work is almost purely technical in nature: it focuses on binary files and their properties. Results from malware analysis are … More Trends 2018: Doing time for cybercrime
Time does fly! It feels like only yesterday that a new strain of hitherto little-known malware achieved celebrity status among global ransomware campaigns. It’s already been a year, almost to the day, since the WannaCryptor ransomware cryptoworm – also known as WannaCry and detected by ESET as Win32/Filecoder.WannaCryptor.D – ran rampant. What made WannaCryptor’s impact so severe, … More 12 months on, what are the lessons learned from WannaCryptor?
The long arm of the law caught up with a number of cybercriminals in the first three months of this year. Picking up where we left off in Part 1, we continue to comb through headlines in order to bring another instalment in our rundown of some of the recent law enforcement actions in its struggle … More Anti-cybercrime successes in the first quarter of 2018, part 2