Articles about cyber crime

NYC

Trio charged with $4m insider trading by hacking merger lawyers

US prosecutors have charged three Chinese men with making more than $4m (£3.2m) by allegedly trading on information obtained from hacking top merger and acquisition law firms. The defendants are charged with targeting at least seven top international law firms with offices in New York, which advised companies on corporate …
Kat Hall, 28 Dec 2016
Robot eye opens. Image via Shutterstock

MP wants to stitch 'digital' misuse laws into one bill

An MP has urged the government to consolidate the current 31 pieces of legislation touching on the misuse of digital devices into a single bill in order to tackle the growing number offences. Liz Saville Roberts, Plaid Cymru MP, brought the Criminal Offences (Misuse of Digital Technologies and Services) (Consolidation) private …
Kat Hall, 10 Mar 2016
Mobile banking, image via Shutterstock

UK biz fails to report two thirds of cyber attacks, says survey

Just one-third of cyber attacks are being reported to the police, according to a wide-ranging survey from the Institute of Directors. According to the survey of nearly 1,000 IoD members, one quarter said they had experienced a cyber attack in the last twelve months. However, of those 250 directors, only 28 per cent reported …
Kat Hall, 3 Mar 2016
LIZARD WEARING A TOP HAT SITS ON A BRANCH.  Brett Weinstein pic - ALTERED BY JUDE KARABUS - licensed under  CC 3.0

NCA arrests six Lizard Squad users after gaming firms, retailers targeted

The National Crime Agency has arrested six users of a Lizard Squad DDoS attack tool, which had been used against a national newspaper, a school, gaming companies, and a number of online retailers. Those arrested are suspected of maliciously deploying Lizard Stresser, which allows users to pay to take websites offline for up to …
Kat Hall, 28 Aug 2015

Cybercrim told to cough up £1m or spend years in chokey

A cybercriminal from Thamesmead has been given six months to turn up £1m, or he'll be spending another four years behind bars. Rilwan Adesegun Oshodi – a 31-year-old Nigerian national, formerly of Greenhaven Drive, Thamesmead, SE28 – is currently enjoying Her Majesty's hospitality for conspiracy to defraud and conspiracy to …
botnet

Europol shuts down darn RAMNIT botnet

Euro cybercrime cops have taken down the RAMNIT botnet, which has infected 3.2 million computers worldwide, including 33,000 in the UK. The National Crime Agency's cybercrime unit worked with cops in the Netherlands, Italy and Germany to shut down command-and-control servers used by the botnet. One of the servers was housed in …
Kat Hall, 25 Feb 2015
The Playmobil bank set, complete with armed robber

Banks, UK.gov must work together to beat cyber-nasties

Government must work closely with UK banks to improve financial institutions' infrastructure and resilience to cyber attacks, the Bank of England has warned. Banks currently view cyber attacks as a "technical" problem, rather than an issue which merits "board-level attention," it said on Tuesday in its Financial Stability …
Kat Hall, 16 Dec 2014

CryptoLocker victims offered free key to unlock ransomed files

Security researchers have released a tool that allows victims of the infamous CryptoLocker ransomware to unlock their computers at no charge. DecryptoLocker from net security firm FireEye and threat intelligence company FoxIT offers a cure for the estimated 500,000 victims of CryptoLocker. Victims need to upload a …
John Leyden, 6 Aug 2014
Windows XP

Cyber crims smash through Windows into the great beyond

Windows has been a beleaguered piece of software over the years. That is because malicious hackers, like everyone else, want to walk the simplest path to the greatest glory. Microsoft’s operating system has been the most popular one for the past 20 years, so it has attracted the most malware. One IT professional told The …
Tom Brewster, 29 May 2014

Blighty's National Crime Agency nabs first crook ...for £750k cyberscam

The new National Crime Agency has caged its first criminal - a crook who netted hundreds of thousands of pounds using a phishing scam. Olukunle Babatunde, 27, of Croydon, South East London, was sent down for five years and six months at Inner London Crown Court after admitting swindling £751,229 from more than 700 online …
Jasper Hamill, 10 Oct 2013
Double Facepalm; when one facepalm is not enough.

Wall Street traders charged with stealing company code via email

Three men have been charged with pilfering trade secrets from a Wall Street firm after two of them emailed themselves computer code belonging to their former employer from their company email accounts. Glen Cressman and Jason Vuu, both former employees of Wall Street firm Flow Traders, were each charged with unlawful …
Neil McAllister, 27 Aug 2013
The Register breaking news

UK plods, Vietnamese feds cuff 11 in $200m cred-card forum blag swoop

British bobbies and Vietnamese rozzers have joined forces to smash a web forum allegedly dedicated to trading stolen credit card data. Three men were arrested in the UK, while eight were taken off to the cells in Vietnam over their alleged involvement with a site called Mattfeuter.ru, which is suspected of facilitating credit- …
Jasper Hamill, 6 Jun 2013
Facebook logo

Crims take to Facebook to flog ZeuS kits

Not content with hawking their wares in underground forums and other insalubrious parts of the darknet, criminals are now advertising their wares on Facebook, says RSA. The Facebook page in question is now unavailable, but appears to have been packed full of handy info for the budding cyber criminal, according to Limor Kessem …
Phil Muncaster, 29 Apr 2013

Singapore allows pre-crime strikes against online crooks

The Singaporean government has passed amendments to the city-state’s Computer Misuse Act, renaming it the Computer Misuse and Cybersecurity Act, and granting itself powers to take proactive measures against a potential cyber threat before it disrupts critical infrastructure. The Ministry of Home Affairs released a statement on …
Phil Muncaster, 15 Jan 2013
Donald Pleasence as Blofeld, with his white cat

Japanese cops cuff cat carrying remote control virus

An anonymous cyber villain has led Japanese police on a merry dance over the past few months, culminating in the capture on Monday of a cat said to be carrying a computer virus on a memory card attached to its collar. Detectives with the country’s National Police Agency (NPA) nabbed the creature on an island near Tokyo after a …
The Register breaking news

DDoS blackmailers busted in cross-border swoop

Chinese and Hong Kong cops are hailing another success in their cross-border cyber policing efforts with the scalp of a high profile DDoS blackmail gang which targeted gold, silver and securities traders in the former British colony. Six cyber hoodlums were arrested on the mainland in Hunan, Hubei, Shanghai and other locations …
The Register breaking news

Lockheed bags $454m to tool up Pentagon's Cyber Crime Center

Lockheed Martin has won a contract worth up to $454m to help the Pentagon with its Cyber Crime Center. The company will provide support to the Department of Defense's centre, known as DC3, which investigates criminal, counterintelligence and counterterrorism cases and will also offer security support to Defense Industrial Base …
The Register breaking news

Taxman two months late on cyber-crimefighters deadline

HMRC has missed a key deadline to create teams of cyber crime investigators and launch initiatives to counter the increased threat of web attacks on the authority's systems and customers. In its structural reform plan progress report (PDF) for December, HMRC says work on the project should have been completed by November 2011 …

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