Articles about Cybercrime

eBay denies claims it's failing to thwart 'systematic fraud'

A campaigner has gone public with his concerns over an alleged scam on eBay. The person claimed a group of fraudsters have seemingly found a way around PayPal/eBay's anti-fraud system through a complex multi-stage scam. eBay says it has the problem in hand, a contention strongly disputed by the campaigner, who said he'd been …
John Leyden, 24 Apr 2017
Angry Judge

Russian hacker arrested in Spain for bot-herding not election-fiddling

Last week ended badly for Russian hackers. The United States Department of Justice revealed that Peter Yuryevich Levashov was picked up in Barcelona a couple of weeks back for his association with the Kelihos botnet. Levashov said he'd been told the arrest was due to his creation of a virus in some way linked to the Russia's …
Simon Sharwood, 24 Apr 2017

Peer pressure, not money, lures youngsters into cybercrime – report

Teenage hackers get mixed up in cybercrime mostly to gain bragging rights over peers rather than to get rich, according to a new study. The National Crime Agency report fingers peer pressure and kudos as a key reason for youngsters in getting mixed up with online crime. Few if any of those who stray on to the wrong side of the …
John Leyden, 21 Apr 2017

Online ad scam launders legions of pirates and pervs into 'legit' surfing

An elaborate online ad scam that disguised junk traffic as views on reputable sites has been costing advertisers as much as $7m per month. Fraudsters behind the "Traffic Alchemist" scam dressed junk traffic as quality views originating from Google and Twitter. They began by buying traffic, typically on porn or torrent sites, …
John Leyden, 20 Apr 2017
Football goes into the net/ photo by shutterstock

Ex-West Ham winger charged twice over cybershenanigans

Detectives from Operation Falcon, the Metropolitan Police's cybercrime unit, have charged a footballer with two fraud-related offences. 22-year-old Blair Turgott began his career as a youth player at West Ham, and most recently played for Leyton Orient where he was celebrated for scoring what fans believed was the team's best …

Profit with just one infection! Crook sells ransomware for $175

Cybercrooks have begun retailing a new easy-to-use ransomware strain that promises profit with only one successful infection. Karmen is being sold on Dark Web forums from Russian-speaking cyber-criminal DevBitox for $175. The new ransomware-as-a-service variant offers a graphical dashboard, allowing purchasers to keep a …
John Leyden, 18 Apr 2017
Data breach

Large UK businesses are getting pwned way more than smaller ones

Larger businesses in the UK are far more likely to be victims of attacks than smaller ones, according to a survey by the British Chamber of Commerce. Nearly half (42 per cent) of companies with more than 100 staff have been hit by information spillages, hackers or malware attacks. This figure compares to 18 per cent of …
Team Register, 18 Apr 2017
Woman stares at laptop screen, shocked. Pic by shutterstock

Cerber surpasses Locky to become dominant ransomware menace

Cerber eclipsed Locky as the most common ransomware pathogen doing the rounds in the first three months of 2017. Cerber's control of the cybercrime market rose from 70 per cent market share in January to 87 per cent in March, according to the latest cybercrime tactics report by Malwarebytes Lab. The success of Cerber is down …
John Leyden, 13 Apr 2017

Three indicted over sex trafficking operation run on Backpage.com

Three people have been indicted for operating a sex trafficking ring through the scandalous classifieds website Backpage.com's adult section. Feng Yang Chen, 41, LiangLiang Guo, 31, and Cheng Qi Li, 28, all of Flushing in New York State, are accused of conspiracy in regards to "an interstate prostitution business". Chen faces …
Australian money at a crime scene

Cyberattacks wipe more than $50bn off big biz value, say beancounters

Severe cyber-break-ins permanently stripped 1.8 per cent off companies' stock prices, on average, according to a new study out today. Putting that 1.8 per cent drop in context, that dip represents a permanent loss of market capitalization of £120m ($150m) for a typical FTSE 100 biz, we're told. Eggheads at Oxford Economics in …
John Leyden, 12 Apr 2017

Gordon Ramsay's in-laws admit plot to hack sweary celeb chef's biz

Gordon Ramsay's father-in-law has admitted conspiring to hack into the computer systems of businesses run by the celebrity chef. Christopher Hutcheson, 68, and his sons Adam, 46, and Christopher, 37, all admitted conspiracy to unlawfully access Gordon Ramsay Holdings Limited's computer systems at a hearing in London's Central …
John Leyden, 12 Apr 2017

Prisoners built two PCs from parts, hid them in ceiling, connected to the state's network and did cybershenanigans

We are impressed by five prisoners in the US who built two personal computers from parts, hid them behind a plywood board in the ceiling of a closet, and then connected those computers to the Ohio Department of Rehabilitation and Correction's (ODRC) network to engage in cybershenanigans. Compliments are less forthcoming from …
csi new york gary sinise  and robert joy as detective and medical examiner on csi:ny ... Photo by: Monty Brinton/CBS

Researchers sink scalpel into Lazarus crew. Yup. Autopsy shows distinct hacker tradecraft

The hacking group blamed for the infamous $81m cyber-heist against the Central Bank of Bangladesh last year has been targeting a far wider range of organisations than previously thought. The so-called Lazarus cyber-espionage and sabotage crew has also been busy attacking casinos, software developers for investment companies …
John Leyden, 4 Apr 2017
shimmer

US ATM fraud surges despite EMV

Improved technologies in the banking sector have failed to stem the rising tide of fraud in the US, according to a study by analytic software firm FICO. The US's belated move to EMV (Europay, MasterCard and Visa) chip-equipped cards hasn't curtailed fraud as much as many had hoped, based on the successful rollout of the …
John Leyden, 31 Mar 2017
Ransomware, photo via Shutterstock

Point-and-pwn tool for posers dumbs down ransomware spreading

Spreading ransomware has become a point-and-click exercise following the release of a file-scrambling malware interface for unskilled wannabe cybercrooks. The malware generator enables attackers to customise the wares using a user-friendly interface. Strains of the resulting WYSIWYE (What You See Is What You Encrypt) nasties …
John Leyden, 31 Mar 2017

Security co-operation unlikely to change post Brexit, despite threats

UK Prime Minister Theresa May is warning that failure to negotiate an agreement on Britain's exit from the European Union could damage security cooperation. The tough line - contained in Wednesday's historic letter triggering Article 50 - has re-focused minds on the possible security implications of Brexit. "In security terms …
John Leyden, 30 Mar 2017

Strange Mirai botnet brew blamed for powerful application layer attack

Hackers have created a potent new variant of the Mirai IoT malware. The latest variant is capable of launching application layer attacks rather than simply flooding targeted sites with junk traffic. The new botnet has already been used to hit a US college with a two-day-long attack late last month, DDoS mitigation outfit …
John Leyden, 29 Mar 2017

GiftGhostBot scares up victims' gift-card cash with brute-force attacks

Cybercrooks are using a bot to automate the process of breaking into and draining online gift card accounts. The software nasty, named GiftGhostBot, attempts to steal cash from money-loaded gift cards provided by a variety of retailers around the globe, according to Distil Networks. Any website – from luxury retailers to …
John Leyden, 24 Mar 2017

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