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Bad news for the cybersecurity fraternity. Emotet malware that was dubbed the “World’s Most Dangerous” and “Widely Spread Malware” is back. As per a report from security researcher Luca Ebach, the notorious TrickBot malware is now used as an entry point for distributing a new version of Emotet malware on the systems TrickBot previously owned. […]
Newer AI algorithms are extremely good at analyzing data traffic, access, and transfer, as well as detecting outliers or anomalies in data trends. Below are some of the ways AI can prevent and mitigate the damage caused by cybercrime. The world faces an unprecedented threat in modern cybercrime. Sophisticated, globally-dispersed actors who are increasingly hard […]
In September 2021, Bandwidth.com suffered a series of days-long DDoS attacks forcing its service to go offline in the United States. In September 2021, Hackread shared details of DDoS attacks targeting voice over Internet Protocol (VoIP) services of VoIP giant Bandwidth.com causing voice and messages service disruption in the United States. Now, the company has published its […]
BlackMatter ransomware gang, which is believed to be a rebrand of DarkSide, has decided to end the project, giving in to the pressures of the local law enforcement authorities. In 2021, we have seen many mainstream ransomware groups go underground and new groups emerging in their place. First, it was the DarkSide ransomware, the disappearance […]
The 22-year-old British national Joseph James O’Connor, aka PlugwalkJoe, was one of the hackers behind 2020’s massive Twitter hack – PlugwalkJoe also stole Ethereum, Bitcoin, Bitcoin Cash, and Litecoin from victims using SIM Swapping attack. On Wednesday, a British citizen identified as Joseph James O’Connor, aka PlugwalkJoe, was charged in the US for his involvement in […]
The data leak took place last month when the infamous Conti ransomware gang hacked Graff, a UK-based jewelry store Graff popular amongst the elite. In October 2021, the infamous Conti ransomware gang leaked thousands of records stolen from UK-based jewelry store Graff. In a surprising turn of events, the hackers have posted a statement to […]
The total number of arrests made concerning Sodinokibi/REvil and GandCrab ransomware is now seven. Europol launched a multi-agency operation to catch REvil ransomware operators (Ransomware-Evil) based on their findings of an old ransomware strain, GrandCrab, which authorities believe is the predecessor of REvil. Dubbed Operation GoldDust; around seventeen countries took part in the operation. These […]
Iranian Hackers Leaked Private Messages and sensitive data of 690,000 Israeli LGBTQ Dating App Atraf Users After $1 Million Ransom is Denied. An Iranian hacking group was denied its ransom demand worth around $1 million, after which it released sensitive private data of countless users of Atraf, an Israeli LGBTQ dating site. The group, known […]
Romanian law enforcement authorities have announced the arrest of two individuals for their roles as affiliates of the REvil ransomware family, dealing a severe blow to one of the most prolific cybercrime gangs in history. The suspects are believed to have orchestrated more than 5,000 ransomware attacks and extorted close to $600,000 from victims, according […]
Facebook tracked down the programmer after he mistakenly used his contact information on email and job portals. On October 21, 2021, Facebook filed a lawsuit against a Ukrainian citizen for allegedly scraping information of 178 million users of the social network and selling the data on hacker forums. Reportedly, the data scraping occurred between 2018 […]
The latest cloud security breaches show that we have miles to go as we keep fighting to keep our sensitive data safe. 2020 marked a record number of cyberattacks. Cloud-based services have been the most common target of such attacks. According to the State of Cloud Security 2021 report [PDF], 36% of the companies surveyed […]
Apparently, the individuals who received the warning were identified as suspects and will be prosecuted for a cyber offense if they continue using DDoS services. Dutch National Police have sent final warning letters to around thirty users of an on-demand DDoS (distributed denial of service) website. The move indicates that the police in Europe are […]
Automated purple teaming is one of the best ways to address cybercrime as it does not only test for the deficiencies in existing security controls – Let’s dig deeper into this approach. An IBM report reveals that the cost of data breaches has reached record highs over the past year. The banking industry has also […]
In July 2021 the REvil ransomware group vanished due to mounting US pressure after the Kaseya attack. However, the group was back in September 2021 by carrying out extortion-based DDoS attacks on ITSPs in the UK and Canada/America. The infamous REvil ransomware group has suddenly announced to end its activities. The group, which gained prominence […]
As hackers get smarter than ever, cybersecurity becomes a key concern for businesses. Attackers have ways to break into even the most secure and sophisticated systems, therefore you cannot ignore the threat. The pandemic-induced remote work has made the situation even worse. Networks are at risk, and employees are likely to compromise corporate data as […]
Microsoft has confirmed to mitigate a massive DDoS attack originated from a botnet comprising 70,000 compromised IoT devices. Microsoft reported that an unnamed customer of its Azure cloud platform was targeted with a 2.4 Tbps DDoS attack in the last week of August, which the company mitigated. This DDoS attack was around 140% higher than […]
Did you know if you were to compare the money generated by cybercrime with the GDP of world nations, it would come third behind the economic powerhouses of America and China? Cybercrime is one of the greatest dangers facing both individuals and companies today. By the end of 2021, the total cost [PDF] of online […]
Frederick Brown, a medical data technician & administrator associated with the 65th Medical Brigade of the US Army caused millions of dollars in losses Frederick Brown, a 40-year-old resident of Las Vegas, Nevada, has been sentenced to over 12 years behind bars after pled guilty to his involvement in a fraud scheme. Reportedly, Brown defrauded […]
The incident took place while the suspect was recording himself for a tutorial on how to bomb ATM (Automatic Teller Machines). In April 2021, the Dutch and German law enforcement authorities joined hands to create a joint investigation team (JIT) to take down an organized crime group known for targeting Automatic Teller Machines or ATMs. […]
When it comes to preventing financial crime such as anti-money laundering, organizations need to make use of a customer screening process that takes human errors into account – Let’s dig deeper! A financial crime and compliance management (FCCM) solution have many components and steps, but as a whole, it is designed to prevent, detect, investigate, […]
Law enforcement authorities managed to seize millions in cryptocurrency and luxury vehicles owned by the ransomware gang. In an international coordinated operation, law enforcement authorities in Europe have arrested two suspects in Ukraine accused of running a ransomware gang that was behind large-scale attacks on more than 100 companies around the world. The arrests were […]