Tag: cybercrime

kenya

Kenya Charges 77 ‘Sophisticated’ Chinese Hackers

Kenyan authorities have arrested and charged 77 Chinese hackers operating out of a “cyber-command centre” in Nairobi. The Directorate of Criminal Investigations raided a house in Nairobi’s Runda area and arrested several Chinese nationals who were allegedly planning a large scale operation to hack different systems in Kenya, including ATMs and mobile payments system M-Pesa […]

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 […]

keyloggers

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 […]

nigeria

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 […]

aleksi

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 […]

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 […]

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 […]

damballa

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 […]

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 […]

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 […]

wearable

Wearable Tech: A Potential Cyber Threat on Your Wrist

In the last decade, technology has continued to evolve at an astonishing pace, from desktops and laptops to tablets and smartphones, and now wearable devices. Wearable tech took the spotlight at CES 2014, as tech start-ups and companies hyped health monitors, optical headgears, smartwatches, and fitness trackers. Firms are investing millions of dollars in creating […]

cyber crime

New York Establishes Cyber Crime Task Force

In New York, the NYPD, FBI and Metropolitan Transport Authority (MTA) have announced the establishment of the Financial Cyber Crimes Task Force that it hopes will tackle financial cyber-crime in the region. The three bodies, which will work out of the FBI’s NY offices, say the task force was established in response to the growth […]

UK Law Proposal Would Sentence Hackers to Life

New sentencing laws proposed in the UK would see serious hackers sentenced to life in prison, in an update to the Computer Misuse Act 1990. The proposal, which was included in yesterday’s Queen’s speech, pertains to “cyberattacks which result in loss of life, serious illness or injury or serious damage to national security, or a […]

More Than 100 Arrested in RAT Peeping Tom Scheme

In news that would make anyone think twice about leaving the webcams on their laptops and phones uncovered, this week a global crackdown on peeping pervs resulted in the apprehension and arrest of over 100 hackers who were utilizing the Blackshade trojan to covertly spy on the webcams of unwitting victims from around the world. […]

Papua New Guinea Proposes Law That Could Shut Down Criticism

Papua New Guinea is said to be mimicking a law that was recently declared constitutional in the Philippines. With the growing cyber threats lurking these days, every government is doing their best to protect its people’s interest. Or are they? The Papua New Guinea government under the leadership of Prime Minister Peter O’Neill is reportedly […]

Philippine High Court Declares Cybercrime Law Constitutional

It will be recalled that in October 2012, the Philippine’s Supreme Court ordered the suspension of the country’s pioneer cybercrime law following the unprecedented criticisms about its constitutionality. And after further review of the said bill, in February 2014 the Philippine’s top court ruled out that RA 10175 is indeed constitutional. Thus, putting in effect […]

New Philippine Cybercrime Law: A Step Towards Censorship

There is a popular expression in the Philippines that goes like this, “Only in the Philippines!“. More often than not though, this expression often comes with a bad connotation. Just look at how online laws and regulations are being implemented in the country. Philippine Cybercrime law: Penalizing online crimes and more The Republic Act No. […]

symantec

Symantec: 552 Million IDs Compromised Last Year

Symantec has published its latest Internet Security Threat Report. Now in its 19th volume, the hefty 98 page report (PDF) reveals that 552 million identities were potentially compromised in 2013 as a result of breaches. Symantec goes on to claim that hackers are not working on a whim as you may expect and are spending […]

twitter

Hacked Twitter Accounts May Be Worth More Than Credit Cards

In a recently revealed document from the RAND Corporation, the “Markets for Cybercrime Tools and Stolen Data: Hacker’s Bazaar” report reveals that on today’s web, Twitter accounts can be far more valuable than traditional methods of online scamming and scrounging like financial accounts, debit card numbers, or leaked general personal information. According to the release, […]