Cybercrime

Cybercrime / Most Commented

Data Breaches Reported During 2016 Exposed Over 4.2 Billion Records

2016 broke the previous all-time high, set back in 2013, for the number of records exposed from reported data breaches. more

New Study Highlights Growing Risk, Lack of Urgency with Mobile and IoT Application Security

Despite widespread concern about the security of mobile and Internet of Things (IoT) applications, organizations are ill-prepared for the risks they pose, according to a research report issued today from Ponemon Institute, IBM Security, and Arxan Technologies. more

Cyber-Terrorism Rising, Existing Cyber-Security Strategies Failing, What Are Decision Makers to Do?

While conventional cyber attacks are evolving at breakneck speed, the world is witnessing the rise of a new generation of political, ideological, religious, terror and destruction motivated "Poli-Cyber™" threats. These are attacks perpetrated or inspired by extremists' groups such as ISIS/Daesh, rogue states, national intelligence services and their proxies. They are breaching organizations and governments daily, and no one is immune. more

Former New York City Mayor Rudy Guliani Appointed to “Chair” Cyber Task Force

Transition spokesman Sean Spicer told reporters today that former New York City Mayo, Rudy Giuliani will "chair" the cyber task force that Trump announced last Friday. The task force is given three months from Trump's inauguration to deliver a cybersecurity plan. more

CircleID’s Top 10 Posts of 2016

The new year is upon us and it's time for our annual look at CircleID's most popular posts of the past year and highlighting those that received the most attention. Congratulations to all the 2016 participants and best wishes to all in the new year. more

Ransomware Crime Bill Goes into Effect in the State of California

As of January 1, the delivery of ransomware is illegal in California as per Senate Bill 1137 going into effect. more

Trump Names Former Bush Aide Thomas Bossert Chief Adviser on Cybersecurity, Counterterrorism Role

President-elect Donald J. Trump has named Thomas P. Bossert, a top national security aide under President George W. Bush, to be his homeland security adviser, the Trump transition team announced Tuesday morning," Michael D. Shear reporting in the New York Times. more

Yahoo’s 1 Billion Accounts Hacked is a Chilling Warning: Start Doing Things Differently or Die

Today, this is how easily "TRUST" by your users/customers can be shattered, your revenues devastated, your share value plunged into the abyss, and your business destroyed. Furthermore, conventional thinking belongs only in university libraries, not in board rooms. It is time to seriously consider other innovative Out-Of-The-Box Solutions and doing things differently, or start writing your business obituary. more

Yahoo Reveals Over One Billion More Accounts Have Been Hacked

Just a few months after Yahoo confirmed a massive data breach impacting half a billion users, the company today disclosed a second major breach of its systems affecting over a billion users. more

Sledgehammer DDoS Gamification and Future Bugbounty Integration

Monetization of DDoS attacks has been core to online crime way before the term cybercrime was ever coined. For the first half of the Internet's life, DDoS was primarily a mechanism to extort money from targeted organizations. As with just about every Internet threat over time, it has evolved and broadened in scope and objectives. The new report by Forcepoint Security Labs covering their investigation of the Sledgehammer gamification of DDoS attacks is a beautiful example of that evolution. more

Internet Society Urges for Increased Effort to Address Unprecedented Challenges Facing the Internet

During the 11th Internet Governance Forum (IGF), a United Nations-convened conference taking place in Mexico, 6-9 December, the Internet Society urged the global Internet community to redouble its efforts in addressing the wave of unprecedented challenges facing the Internet. more

Over $31 Million Stolen by Hackers from Russian Central Bank

Hackers have stolen over 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank reported today. more

‘Avalanche’ Network Dismantled in an International Cyber Operation Including Europol and the FBI

After over four years of investigation, the international criminal infrastructure platform known as 'Avalanche' is reported to have been dismantled via a collaborative effort involving Public Prosecutor's Office Verden and the Lüneburg Police (Germany) in close cooperation with the United States Attorney's Office for the Western District of Pennsylvania, the Department of Justice and the FBI, Europol, Eurojust and global partners. more

Don’t Fall for This Domain Name ‘Expiration’ Scam

If, like me and my clients, you ever receive an email about a domain name expiration, proceed with great suspicion -- because many of these "notices" are a sham. They're designed to sell you services you don't need or to trick you into transferring your domain name to another registrar. Usually, the emails can safely be ignored. Here's an example: As shown, an important-looking email from "Domain Service" refers to a specific domain name in the subject line. more

What Steps Can Africans Take and Lead in Internet Governance and Social Justice?

Almost three years ago, I published a blog post on CircleID titled "Internet Governance: Why Africa Should Take the Lead." I argued that African Internet stakeholders use a 'wait and see approach' in matters as critical as Internet governance," and that African voices are missing in key Internet governance discussion fora. Additionally, I suggested that some reasons for this approach, including that Africa lacks well-trained Internet governance experts and Africans see foreign affairs and international relations as an East versus West dynamic. more