Fraud Management & Cybercrime , Ransomware Domestic Teen Groups Demand ‘Nip the Bud’ and ‘Alternative Pathways,’ Experts Say Mathew J. Schwartz (euroinfosec) • April 19, 2024 Ransomware experts are concerned about the rise of Western affiliates of mostly Russian ransomware groups. (Image: Shutterstock) Western law enforcement agencies are battling a rising ransomware threat: […]
Cybercrime as-a-service , Fraud Management & Cybercrime , ID Fraud Cybercriminals Netting Over 50 Credentials Per Infected Device, Kaspersky Says Jayant Chakravarti (@JayJay_Tech) • April 18, 2024 A rise in infostealer malware attacks over the past three years has enabled cybercriminal groups to turn credential stealing into a major money-making business, paving the […]
Fraud Management & Cybercrime , Ransomware Experts See Groups Shoot Themselves in the Foot by Yet Again Swindling Affiliates Mathew J. Schwartz (euroinfosec) • April 18, 2024 Fewer victims are paying extortion demanded by ransomware groups, says Coveware. (Image: Shutterstock) Here’s ransomware news to celebrate: The number of victims who opt to pay […]
As many as 37 individuals have been arrested as part of an international crackdown on a cybercrime service called LabHost that has been used by criminal actors to steal personal credentials from victims around the world. Described as one of the largest Phishing-as-a-Service (PhaaS) providers, LabHost offered phishing pages targeting banks, high-profile organizations, and other […]
Apr 18, 2024NewsroomCyber Attack / Malware The infamous cybercrime syndicate known as FIN7 has been linked to a spear-phishing campaign targeting the U.S. automotive industry to deliver a known backdoor called Carbanak (aka Anunak). “FIN7 identified employees at the company who worked in the IT department and had higher levels of administrative rights,” the BlackBerry […]
Fraud Management & Cybercrime , Ransomware Experts See Surge in Attacks, Including in Russia, Using Leaked LockBit Code Mathew J. Schwartz (euroinfosec) • April 17, 2024 A LockBit ransomware attack doesn’t always come from LockBit. (Image: Shutterstock) What do a German healthcare network, a Russian security company and an American bridal clothing retailer […]
Fraud Management & Cybercrime , Governance & Risk Management , Healthcare Proposed Action Also Orders Cerebral Inc. to Pay $7M Penalty Marianne Kolbasuk McGee (HealthInfoSec) • April 15, 2024 Image: FTC, Cerebral The Federal Trade Commission has proposed restricting a mental telehealth service firm from sharing consumer data and requiring it to pay […]
Artificial Intelligence & Machine Learning , Fraud Management & Cybercrime , ID Fraud Experts Warn AI Tools Can Now Compromise Voice Password Systems Used by Many Banks Rashmi Ramesh (rashmiramesh_) • April 12, 2024 The voice authenticating a bank account could be real, or could be artificial intelligence. (Image: Shutterstock) At many financial […]
Cyberwarfare / Nation-State Attacks , Fraud Management & Cybercrime , Government US Cyber Mission Force Led 22 Defensive Cyber Operations in 2023, Commander Says Chris Riotta (@chrisriotta) • April 12, 2024 The Cyber National Mission Force was active in “hunt forward” operations across the globe in 2023. (Image: Shutterstock) A secretive U.S. cyber […]