Cybercrime

Microsoft Launches AI-driven’ Security Copilot’ to Help Companies Fight Hacking Attempts

Microsoft continues to integrate new artificial intelligence technology into its products and today announced a cybersecurity "copilot" to help companies track and defend against hacking attempts. This tool is part of Microsoft's attempt to dominate the fast-growing field of "generative" AI. more

Europol Warns on the Criminal Usage of ChatGPT and Its Implications for Law Enforcement

Europol's Innovation Lab released a Tech Watch Flash report on Monday, sounding the alarm on the potential misuse of large language models such as ChatGPT. Entitled 'ChatGPT - the Impact of Large Language Models on Law Enforcement,' the report provides an urgent overview of the implications of ChatGPT for criminals and law enforcement, as well as an outlook of what may still be to come. more

Biden Administration Bans Federal Agencies from Using Commercial Spyware

The Biden administration has announced an executive order that would ban U.S. federal agencies from using commercially developed spyware that poses threats to human rights and national security. more

Freenom Halts Domain Name Registrations After Meta Lawsuit

Freenom, the domain name registrar famous for offering free domain names, has stopped allowing new domain name registrations. This action comes just days after the Dutch registrar was sued by social media giant Meta for allegedly ignoring abuse complaints about phishing websites and monetizing the traffic to those domains. more

Brand Impersonation Online is a Multidimensional Cybersecurity Threat

Brand impersonation happens much more often than people realize. In CSC's latest Domain Security Report, we found that 75% of domains for the Global 2000 that contained more than six characters from the brand names were not actually owned by the brands themselves. The intent of these fake domain registrations is to leverage the trust placed on the targeted brands to launch phishing attacks, other forms of digital brand abuse, or IP infringement... more

DNSAI Compass: Six Months of Measuring Phishing and Malware

The DNS Abuse Institute recently published our sixth monthly report for our project to measure DNS Abuse: DNSAI Compass ('Compass'). Compass is an initiative of the DNS Abuse Institute to measure the use of the DNS for phishing and malware. The intention is to establish a credible source of metrics for addressing DNS Abuse. We hope this will enable focused conversations, and identify opportunities for improvement. more

Healthcare Industry Was the Most Common Victim of Third-Party Breaches in 2022

Health care industry was the most common victim of cyberattacks in 2022, according to a report by cyber intelligence firm, Black Kite. The study found a total of 34.9% of cyberattacks occurred in health care, up 1% from the year before, making it the most attacked sector for the second year in a row. more

U.N. Cybercrime Convention Enters Critical Stage

Negotiations for a U.N. cybercrime convention have reached a critical stage at the fourth round of discussions in Vienna. Delegates from over 150 states have met for over 100 hours to discuss the proposed convention, which has been met with skepticism from some states, nongovernmental organizations, and other stakeholders more

ChatGPT Used to Create Polymorphic Malware

ChatGPT, the newly released language model, has quickly gained popularity and is used for various tasks, from automation to music composition. While having useful features like fast and easy-to-use code examples, it also has the ability to create sophisticated malware without malicious code. more

The Highest Threat TLDs - Part 2

In the first article of this two-part blog series, we looked at how frequently domains were used by bad actors for phishing activity across individual top-level domains (TLDs) or domain extensions, using data from CSC's Fraud Protection services, powered by our DomainSecSM platform. In this second article, we analyze multiple datasets to determine the highest-threat TLDs, based on the frequency with which the domains are used egregiously for a range of cybercrimes. more

Digital Governance in 2023: Revisiting ‘1998 Deals’ and 12 Main Trends

At the beginning of 2023, the good news is that, in spite of all geopolitical tensions, the Internet infrastructure built around TCP/IP continues to carry emails, web pages, videos, and podcasts across the globe. Technically, the Internet remains robust. The bad news is that more and more digital borders will continue to affect the global nature of international digital communication... more

Three Reasons Why CISOs Need to Understand Domain Security

Domain name abuse is one of the most dangerous and under-regulated issues in digital business security today. An attack on a web domain can lead to the redirection of a company's website, domain spoofing, phishing attacks, network breaches, and business email compromise (BEC). Domains used as a company's online world are part of an organization's external attack surface and need to be continuously monitored for cybercrime attacks and fraud. more

The Hack Will Be a Costly Affair for Optus

More and more information is becoming available about the breach of Optus (Australia's second-largest telco). It looks like the hacker is more of an amateur than a professional criminal or a "state actor." This makes the hack even more worrisome. It looks as though Optus didn't have its security house in order. This makes the issue all the more painful for the company. It will dent its reputation, and customers could become somewhat wary about dealing with the company. more

Turning the Tide of Online Scams: Interview With Prof. Jorij Abraham, Global Anti-Scam Alliance

Professor Jorij Abraham has been a part of the international eCommerce community since 1997. From 2013 -- 2017, he has been Director of Research & Advise at Thuiswinkel.org (the Dutch Ecommerce Association) and the European Ecommerce Association with 25.000+ members in 20 countries. He is now Managing Director of Global Anti-Scam Alliance, whose mission is to protect consumers from getting scammed. He is also e-commerce professor at the University of Applied Sciences, TIO. more

The Continued Rise of Phishing and the Case of the Customizable Site

We’ve noted in previous CSC studies that phishing continues to be an extremely popular threat vector with bad actors and shows no signs of subsiding in part, because of the COVID–19 pandemic and the rise in popularity of remote working. Indeed, the most recent figures from the Anti-Phishing Working Group (APWG) show that the numbers of phishing attacks are higher than ever before, with the quarterly total of identified unique phishing attacks exceeding 1 million for the first time in Q1 2022, and over 600 distinct brands attacked each month. more