London and New York Police To Trade Cyber Security Staff

Prosecutors from London and New York police have planned to send staff to each other’s offices to increase transatlantic collaboration in a bid to fight cybercrime. The London Police and New York District Attorney’s Office will exchange one member each this spring, and they hope that there will be an expansion of the program in Read More


More Limitless Keyloggers Now Available ‘Off the Shelf’

Trend Micro’s new research paper sheds light on Limitless and Predator Pain keyloggers, unscrupulous but effective tools that scammers are increasingly making use of. According to Ryan Flores, senior threat researcher, more of these remote access tools are “simple, off-the-shell” offerings that are used to commit email fraud in corporations on a significant scale. The Read More


Nigeria Will Imprison Cyber Criminals for 7 Years

Nigeria is set to clamp down hard on cybercrime with a new law that will punish cyber criminals with seven years in prison. The bill was passed into law on October 24. Senator Adegbenga Kaka sponsored the bill, which seeks to curb identity fraud and bolster the country’s online security. The bill with its full Read More


Shadowcrew Vendor Jailed for 30 Months After Decade on the Run

A Bulgarian national has been sentenced to 30 months in prison by a New Jersey court for his role in Shadowcrew, a former cybercrime forum that bought and sold stolen credit card details. Aleksi Kolarov (32) had been on the run for nearly ten years but pleaded guilty to the charges against him, including identity Read More

troels oerting

Head of Europol Cybercrime: Encryption is Unacceptable

The growth of encrypted communication channels is unacceptable according to Troels Oerting, head of Europol’s cybercrime unit, in an interview recently with the BBC. “Imagine in the physical world if you were not able to open the trunk of a car if you had a suspicion that there were weapons or drugs inside… we would Read More

October is European Cyber Security Month

On September 1, the European Union Agency for Network and Information Security (ENISA) published the dates and events planned for the 2014 European Cyber Security Month (ECSM). ECSM is an EU-based advocacy campaign that has taken place every October since 2012 across several EU member states. From the event’s dedicated website: ECSM aims to promote Read More


Kovter Ransomware is ‘Skyrocketing’

Kovter, a form of ransomware has “skyrocketed” in the second quarter of 2014 according to a new report published by security firm Damballa. Like most ransomware, Kovter locks your device and demands a ransom but in this case, it gets a little more sinister and goes down a blackmailing route. The hacker poses as a Read More

Australian Banks Facing Greater Cyber Threats

Australian banks are seen as easy targets for cyber criminals says Ernst & Young’s security boss, who made the comments while visiting clients in the country. Ken Allan, global head of information security, noted that while Australian banking systems have not suffered the same levels of attacks as the US and Europe, they were still Read More

FBI Brings Down ‘Shylock’ Banking Trojan

In yet another case of financial trojans to hit the Internet this month, this week the FBI announced they had successfully dismantled the command and control networks responsible for distributing the Shylock banking malware in a joint effort between themselves, Europol, and the UK’s National Crime Agency. Shylock gets its name from the bits of Read More

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