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The Cybercrime Definition Cybercrime can be defined as any criminal activity involving any networked device (computer, smartphone etc) or a network itself. In cybercrime, a computing device is either the object of the crime or is used as the tool to commit the crime. Thus, by using, or rather misusing, computer technology, cybercriminals would access […]
According to a blog post from threat research department Unit 42 of cyber security company Palo Alto Networks published on March 19, an upgraded cardinal RAT malware targets Israeli fintech companies that work with forex and crypto trading. Since April 2017, Cardinal RAT has been identified when examining attacks against two Israel-based fintech companies engaged […]
Notoriety is what hackers thrive on, no matter if it fetches them money or their dirty deeds flash on the news headlines. Network hacks are on the rise and increasing in severity and frequently each year. In 2017 a joint study from Accenture and Ponemon Institute concluded that an average company experiences 130 security breaches, […]
Cybercriminals were paid $400,000 by Officers in Jackson County, Georgia, to eliminate ransomware. This happened on Friday, March as reported on Wednesday. In an interview Sheriff, Janis Mangum instructed StateScoop “The whole lot we’ve got it down. We’re doing our bookings the way in which we used to do it sooner than computer systems. We […]
The cryptocurrency mining service Coinhive, which is popular among hackers, is all set to shut down. Coinhive will discontinue service on March 8, 2019 reportedly owing to a crash of the cryptocurrency market and also because the cryptocurrency Monero has reportedly become unviable. In a blog post dated February 26, 2019, Coinhive says, “Some of […]
Nokia is a failed brand in the west, including in their native Finland since the emergence of the 2007 smartphone named Apple iPhone. After a solid decade of being the number 1 mobile phone hardware manufacturer, today Nokia only exist as a 3rd tier of Android devices now manufactured by HMD Global, after they bought […]
The Dec 2016 cyber extortion and espionage against MongoDB installation is still happening today in early 2019. Cyber espionage and extortion are lucrative businesses for cybercriminals. Extortion is a very profitable undertaking even before the Internet became a thing, and with the digitalization of data, means the ‘trust’ of customers are stored in a storage […]
Monero mining malware is in full swing now, as eight Australian companies reported that they were compromised with malware. The cybercriminals were able to monetize their Monero mining malware to the tune of $3900 worth of Monero coins. The mining activities have been active since May 2018, and it took the companies to disclose the […]
Of late, cybercriminals have been showing an increasing trend to target ATMs, all across the world. They employ different methods to target ATMs, most of which are potentially good targets owing to the high volume of cash available plus the low security. ATM jackpotting is one of the popular methods that cybercriminals employ to attack […]
Taking into account that more and more information is in electronic format, as professionals in the business sector and, specifically, in Information Security, our fundamental mission is to protect it. As we have heard or read on many occasions, the loss of sensitive information can occur accidentally or maliciously, but in any case, it can […]
The Australian Banking Association (ABA) is fighting back a stipulation in the proposed Privacy Impact Assessment (PIA) contained in the Consumer Data Rights bill prior to the election period. This is Australia’s banking industry opposition to changes in the way banking procedures are handled, in order to still provide safety and privacy for their customers. […]
Amazon’s Cloud offering provides reasonable security tools in order to prevent technical infiltration from outside attempts. However, breaches due to unknown bugs, security exploits or plain old human error can occur to even the best safeguards current technology can offer. The use of the cloud as a storage container and remote application host has grown […]
A law firm in Dublin, Ireland is responsible for the electronic transfer of €97,000 to a group of cybercriminals as part of a bank transfer fraud, as disclosed by a the Law Society of Ireland. The incident was due to an unchecked change in the banking details used by the unnamed law firm. The Law […]
Last month, November 26, 2018, we published here in Hackercombat the story about cybercriminals phishing all the way, while their potential victims are making a lot of shopping online in preparation of the coming Holiday Season. Our story today is a follow-up of our previous one, this time with Tony Anscombe, Global Security Evangelist & […]
Virus infection, ransomware, phishing or cryptojacking malware are not the only techniques that cybercriminals used to earn money from their victims, a classic case of crimes works too. One such successful technique is extortion, a pure threat against someone’s information in exchange for money. This classic scam, when used through an Internet medium such as […]
Singapore is above average when it comes to the risks of being targeted by cyber attacks, that is the disclosure published in the recently released cyberexposureindex survey, as it measures the exposure probability of a company to possible cyber attacks. As per the study, the rest of the world averages 45% of being not under […]
Cyber criminals seem to have reached a new low, as they have targeted the site of one of the most popular children’s foundations in the world and infected it with crypto mining malware. Who would have thought that out of desperation, cybercriminals would even not spare children’s foundation website. Researchers from security firm Trustwave In […]
2017 was a year of ransomware, primarily the WannaCry malware that made $4 billion in profits from the ransom payments of its poor victims globally. This year is a bit of a mash-up, with the rise of the cryptocurrency mining malware in prominence and the resurgence of banking trojans ready to bite its next victim. […]
Cybercriminals group behind the SamSam Ransomware continuously targeting various organizations network which is located in different countries in order to encrypt the sensitive data. This is one of the ransomware which is highly active in 2018 to break down the 67 different types of organization network across the world especially in the U.S. Mainly targeting […]
Cybersecurity is the responsibility of everyone, as the weakest chain in the link is human-computer operators. Cybercriminals have an easy time to penetrate computer systems and networks if users remain complacent, neglecting to play their role in the equation of being the front lines of security. In this article, we provide a few tips on […]
This article as sourced from Dark Reading, where the author quotes on how the Dark Web grows more profitable every day for cybercriminals. According to Armor, this is especially true for stolen credit card data, where prices have increased anywhere from 33% to 83% from 2015 to 2018 in the United States, Canada, the United […]