Browsing tag

Cyber Crime

Former US Federal Agent Pleads Guilty To $820,000 Bitcoin Laundering

Earlier today, a former United States secret service agent pleaded guilty for the theft of over $820,000 worth of digital currency, Bitcoin, during the federal investigation of an online marketplace, Silk Road, which was being used to facilitate the sale and purchase of illegal drugs as well as other illicit goods. According to the Department […]

Hamza Bendelladj, Co-Creator of SpyEye Trojan NOT Sentenced To Death

Update: Creators of SpyEye Trojan Aleksandr Panin, Hamza Bendelladj Sentenced Even though several social media platforms are claiming that Hamza Bendelladj has been sentenced to death, in reality, he cannot be sentenced to death all his criminal activities were electronic and he had already been pleaded guilty for his crimes. This news has been confirmed by […]

U.S. Embassy Official Charged with Sextortion, Cyber Stalking Scheme

On Tuesday, a former United States embassy employee and a resident of Atlanta, Michael C. Ford has been accused of sextortion attempts including hacking and cyber stalking which involves approximately 250 women. According to the Justice Department, the ex-state department employee apparently stole sexually-explicit videos, pictures, passwords and other personal information of the victims as […]

Darkode hacker accused of spreading Facebook malware pleads guilty

On Monday, the facilitator of online hacks through Darkode pleaded guilty for compromising the security of at least 77,000 computers. The 39-year old Eric Crocker is one of the 12 individuals who were charged in July after the dismantling of the international hacking forum Darkode by US authorities and international law enforcement. [must url=”https://www.hackread.com/facebook-api-security-flaw-identities-risk/”]Facebook API […]

Woman fined for posting Facebook pic of police car parked at disabled spot

Spain offers a unique gagging law that is now being used in strange ways where people can be fined for posting images of security agencies on social media. In the US, people have started filming the police without permission and resultantly policemen have started wearing body cams to capture everything first hand. However, in Spain […]

Hackers Steal $47 Million From American Tech Firm Ubiquiti

An unusual admission has been made by a tech firm to its investors — Posing as its employee, a hacker stole $46.7 million from the firm’s accounts online. According to an official statement from famous networking firm Ubiquiti/UBNT, its finance department was attacked by an “outside entity” through sending a message apparently looking like an […]

Congrats Hacking Team: After Governments, Now Terrorists Have Your Tools

This Sunday, in a massive data breach at the Hacking Team, about 400GB of internal documents, spyware source codes, and tools were exposed. Now the internet enemy Hacking Team is complaining that its tools to inject malware in PCs are now with terrorist and extortionists. The Italian security firm has issued a statement on its […]

20-year-old Trojan King Revealed, Maker of over 100 Banking Trojans

A 20-year-old Brazilian kid has been revealed as the maker of more than 100 banking trojans by the security firm Trend Micro. He is known online by the name of ‘Lordfenix’, ‘Filho de Hacker’ and ‘Hacker’s Son.’ The security firm writes that a 20-year-old college student from Tocantins, Brazil known by the name Lordfenix has […]

Online Predators Hunting Users with Video Chat Extortion Scams

In October last year, we reported how a 10-year-old filipino virtual girl “sweetie” takes pedophile to prison in Australia for good. Now a report suggests that scammers/predators are tricking users (mostly males) into extorting money via online video chat on Skype and other chatting softwares. The scammers are smart, all they do is use an attractive woman and some sweet […]

Canadian Hacker Jailed in U.S. for Hacking Military and Xbox

A hacker from Mississauga, Canada got imprisoned for leading a worldwide computer hacking group that managed to penetrate the U.S military network and famous online gaming systems Microsoft’s Xbox. David Pokora will be spending 18 months of his life in a United States prison on accounts of committing computer fraud and privacy infringement. He was […]

Are hackers experiencing karma in the Underground Economy?

The underground economy is a large group of websites that make it possible for hackers and fraudsters to trade illegal services and stolen goods such as credit card and online account credentials. And there’s a rather straight-forward method in which operations typically take place in the underground, one that involves sellers, buyers, and sometimes forum moderators and administrators who […]

Silk Road Creator, Mastermind Ross Ulbricht sentenced to Life in Prison

Ross Ulbricht, 31, the accused brain and mastermind behind dark web marketplace Silk Road has been sentenced to life in prison on Friday. Ulbricht was sentenced in a New York City courtroom by United States District Court judge, Katherine Forrest where he was accused of running an illegal underground platform Silk Road and orchestrating a scheme that enabled more than $200 […]

Facebook Predator sentenced to 29 years on child pornography, sexual offenses

The 23year old Sacramento, CA, Paradise resident Jordan James Kirby has been sent to jail for 29years by United States District Judge Garland E. Burrell Jr. Kirby was accused of various counts of producing child pornography and exploitation of a minor. Court documents explained that between 2011 and 2013 James Kirby utilized numerous online IDs […]

Thanks IRS for poor security: Financial Info On 100,000 Taxpayers Stolen

The IRS announced in an official statement today that it has closed down an online service to obtain tax records after sensing an “unusual activity” and it was detected that an illegal third party had accessed some accounts on the transcript application. Initially, it was discovered that the access was gained to more than 100,000 […]

Using middle finger emoji in UAE: A crime that could land you in court

Dubai: If you are living in UAE, you should know the dangers of flipping middle finger at someone as it could land you in prison. Nonetheless, legal experts have now also cautioned that sending an ‘emoji’ finger-flick gesture in a message or on social media could also land you in hot waters. In March, 2015 we reported that using VPN […]

TeslaCrypt looks like AlphaCrypt Malware uses TOR to transfer ransomware

AlphaCrypt Crypto-Malware the actual mind blower is that it Looks like TeslaCrypt and acts like CryptoWall. the latest piece of ransomware with new and improved file encryption capabilities has been discovered by security researchers, it was also known that it is somewhat similar in some measures from the rest of the two crypto-malware, TeslaCrypt and the […]

Whistleblower reveals Cyber Security Firm hacks its own clients to extort them

A former employee of P2P cyber security firm Tiversa, turned whistleblower spilled the beans that the firm hacks its customers in order to fake bogus data breaches and then furthermore extorts its clients to finance its ‘incident response’ services. The P2P cyber security firm Tiversa is once again in the news but for all the wrong reasons, this time […]

Seemingly Legit Resume actually contains Crypto-Malware

The malicious email, targeted at a company’s resume screening department, is equipped with file encryption capabilities. A new ransomware having capabilities of file encryption is being flung at the company workers that perform resume screening for job seekers. This malware is distributed through a short and precise email message that appears legitimate and informs about […]

Nigerians arrested for Laundering €2.5 Million through Online Scam

Ten individuals of Nigerian origin have been arrested by Guardia di Finanza for laundering millions of pounds acquired from frauds causing loss of over €2.5 / $2.74million. The Italian Financial Police conducted an operation with the support of Europol and the Federal Bureau of Intelligence and 130 police officers and arrested ten Nigerians. The operation […]