cybercrime

Android devices roped into new Monero-mining botnet
A new Monero-mining bot sprang up several days ago and, in just a few days, has created a botnet consisting of over 7,000 Android devices, most of which are located in China …

2017 was extraordinary: 5,200 breaches exposed 7.8 billion records
Once again, the record has been broken for both the most breaches and the most data compromised in a year. There were 5,207 breaches recorded last year, surpassing 2015’s …

Identity fraud enters a new era of complexity
The number of identity fraud victims increased by eight percent (rising to 16.7 million U.S. consumers) in the last year, a record high since Javelin Strategy & Research …

Realistic, well-positioned Reddit clone is out to grab users’ login credentials
A convincing clone of the popular social news aggregation and discussion site Reddit has been spotted on the reddit.co domain. The author is obviously counting on users not to …

Investigation uncovers Luminosity Link RAT distributors, victims are in the thousands
A hacking tool allowing cybercriminals to remotely gain complete control over a victim’s computer is no longer available as a result of an UK-led operation targeting hackers …

The new gold rush: A look inside cryptocurrency fraud
Cybercriminals are flooding to the new world of cryptocurrencies looking to exploit the boom in interest and adoption of these electronic currencies, according to Digital …

BEC scams surge, cybercriminals target nearly all organizations
96 percent of organizations have received business email compromise (BEC) emails during the second half of 2017, according to Agari. “BEC is a particularly effective attack …

Dridex gang follows trends, also created FriedEx ransomware
The gang behind the infamous banking Trojan Dridex has also created the FriedEx (aka BitPaymer) ransomware, ESET researchers confidently claim. The similarities between Dridex …

Rise in cryptomining malware impacts organizations worldwide
Cybercriminals are increasingly turning to cryptominers to develop illegal revenue streams, while ransomware and malvertising adware continue to impact organizations …

How cybercriminals abuse the travel and hospitality industry
The travel and hospitality industry suffers billions of losses each year due to fraud. “With the right combination of other underground services (compromised accounts, …

ICO protection: Key threats, attack tools and safeguards
Group-IB has analyzed the basic information security risks for the cryptoindustry and compiled a rating of key threats to an ICO (initial coin offering). On average, over 100 …

Industries most at risk of phishing attacks revealed
A new KnowBe4 study of phishing statistics for top industries, shows small insurance companies have the highest percentage of phish-prone employees in the small to mid–size …