Cybercrime

Energy Industry Number One Target by Cyber Criminals, According to New Study

Web security company, ScanSafe reports that, in the past quarter, companies in the Energy industry faced the greatest risk of Web-based malware exposure, at a 196% heightened risk compared to other verticals. The Pharmaceutical and Chemicals industry faced the second highest risk of exposure at 192% followed by the Construction & Engineering industry at 150%. The Media and Publishing industry were also among those at highest risk, with a 129% heightened risk compared to other verticals. more

Study Ranks Riskiest Online Cities in US

A recent study by Symantec Norton and Sperling's Best Places has ranked 50 cities in the United States by "Riskiest Online Cities". The study included investigation of a number of factors including... more

Implications of California Telecom Attack Gone Un-Reported

In an article titled "A Cyber-Attack on an American City", Bruce Perens writes: "Just after midnight on Thursday, April 9, unidentified attackers climbed down four manholes serving the Northern California city of Morgan Hill and cut eight fiber cables in what appears to have been an organized attack on the electronic infrastructure of an American city. Its implications, though startling, have gone almost un-reported. That attack demonstrated a severe fault in American infrastructure: its centralization. The city of Morgan Hill and parts of three counties lost 911 service, cellular mobile telephone communications, land-line telephone, DSL internet and private networks, central station fire and burglar alarms, ATMs, credit card terminals, and monitoring of critical utilities..." more

German Police Force Shifts More Focus to Darknet After Mass Shooting

"German police will do more to fight crime committed on the dark net'," was the announcement days after mass shooting by a gunman with weapon bought from the darknet. "We see that the darknet is a growing trading place and therefore we need to prioritize our investigations here," said Holger Muench, head of Germany's Federal Police (BKA). more

Fake Anti-Virus Peddlers Taking Aggressive Steps to Avoid Detection

Over at Krebs on Secrity blog, Brian Krebs reports: "Purveyors of fake anti-virus or 'scareware' programs have aggressively stepped up their game to evade detection by legitimate anti-virus programs, according to new data from Google. In a report being released today, Google said that between January 2009 and the end of January 2010, its malware detection infrastructure found some 11,000 malicious or hacked Web pages that attempted to foist fake anti-virus on visitors." more

What Trump and Clinton Said About Cybersecurity in the First US Presidential Debate

The Internet and tech got very little mention last night during the first of three presidential debatest. The only notable exception was cybersecurity where moderator Lester Holt asked: "Our institutions are under cyber attack, and our secrets are being stolen. So my question is, who's behind it? And how do we fight it?" The following are the responses provided to the question by the two candidates. more

Global Recession Appears to Have Also Hit the Malware Industry

According to reports by German software security company G Data, since the beginning of summer, the malware community appears to have been scaling back its activities. This considerable reduction is, according to the estimates of G Data security expert Ralf Benzmüller, not solely due to the forthcoming holiday season. The global recession appears to have also hit the eCrime economy. "This phenomenon emerges every year as something new. At the start of the holiday season, the number of malware programs falls. One reason for this is the worldwide onset of the travel season, which, based on experience, causes a drop in the number of active Internet users. However, this does not explain a collapse of more than 30 percent," says Ralf Benzmüller. more

Cybercrime Costs German Companies €267 Billion, Organised Crime and Foreign Nations Blamed

German companies have suffered substantial financial losses due to cybercrime and sabotage, totaling approximately €267 billion ($298 billion) over the past year. This represents a 29% increase compared to the previous year, according to a survey released on Wednesday by the industry association Bitkom. more

Latvian ISP Closure Dents Cutwail Botnet ...for a Whole 48 Hours

From MessageLabs' latest report: "Real Host, an ISP based in Riga, Latvia was alleged to be linked to command-and-control servers for infected botnet computers, as well as being linked to malicious websites, phishing websites and 'rogue' anti-virus products. Real Host was disconnected by its upstream providers on 1 August 2009. The impact was immediately felt, where spam volumes dropped briefly by as much as 38% in the subsequent 48-hour period. Much of this spam was linked to the Cutwail botnet, currently one of the largest botnets and responsible for approximately 15-20% of all spam. Its activity levels fell by as much as 90% when Real Host was taken offline, but quickly recovered in a matter of days." more

Biden Administration to Back UN Cybercrime Treaty Amid Controversy

The Biden administration is poised to support a contentious United Nations cybercrime treaty, a move likely to spark debate over potential abuses, according to top officials.  more

A Collision Between Tech Policy and Foreign Policy: the UN Cybercrime Convention

Sometime by year-end, the UN General Assembly (UNGA) will vote on the proposed UN Convention Against Cybercrime. The treaty is opposed by most civil liberties organizations and Internet businesses, although the US position appears uncertain, mostly for reasons of foreign policy. more

Coronavirus Online Threats Going Viral, Part 2: Marketplaces

In the midst of the coronavirus crisis and the partial or total quarantines happening around the world, more people are turning to eCommerce for their purchases. This, combined with the increased demand for healthcare and healthcare-related products, is causing surges of activity on online marketplaces. Perhaps least surprising is the growth in the number of listings for cleaning and hygiene products (e.g., hand sanitizer), as well as facemasks... more

Longevity of Phishing Websites Dropped by 25% Since Last Year, Study Finds

A new phishing survey released by the Anti-Phishing Work Group (APWG) reveals that the longevity of phishing Web sites dropped by 25 percent over the last year. The survey has also revealed that a single criminal syndicate dubbed "Avalanche" was responsible for nearly one quarter of all phishing attacks in the first half of 2009. Indications are that the gang is continuing to claim a larger proportion of all detected phishing attacks. more