Cybercrime

Security Researchers Uncover Cyber Espionage Network Invloving 103 Countries

A report released over the weekend by Information Warfare Monitor along with an exclusive story by the New York Times, revealed a 10-month investigation of a suspected cyber espionage network (dubbed GhostNet) of over 1,295 infected computers in 103 countries. 30% of the infected computers are labeled as high-value targets, including ministries of foreign affairs, embassies, international organizations, news media, and NGOs. Greg Walton, editor of Information Warfare Monitor and a member of the Toronto academic research team that is reporting on the spying operation, writes... more

Hacked ICANN Data Still Selling on Black Market Years After Breach

"Three years after hackers used a spearphishing attack to successfully gain access to internal data at the Internet Corporation for Assigned Names and Numbers (ICANN), the data is still being passed around and sold on black markets for $300, complete with claims that it’s never been leaked before," reports Patrick O'Neill in CyberScoop. more

Policy Review: Botnets are eWMD, electronic Weapons of Mass Destruction

The latest issue of Policy Review from the Hoover Institution, a public policy research center -- focused on advanced study of politics, economics, and political economy -- has an essay titled eWMDs – electronic weapons of mass destruction. The Policiy Review readers are warned that botnets should be considered a serious security problem and that "cyber attacks present a grave new security vulnerability for all nations and must be urgently addressed." more

Apparently Legitimate Estonian ISP Operating as Large Cybercrime Hub Since 2005

An apparently legitimate ISP in Tartu, Estonian is reported to have been serving as the operational headquarters of a large cybercrime network since 2005 according to TrendWatch, the security research arm of TrendMicro. "An Estonian company is actively administering a huge number of servers in numerous datacenters, which together form a network to commit cybercrime. It appears that the company from Tartu, Estonia controls everything from trying to lure Internet users to installing DNS changer Trojans by promising them special video content, and finally to exploiting victims' machines for fraud with the help of ads and fake virus infection warnings..." more

U.S. Slammed as Major Host for Cybercrime

While Russia and Ukraine are generally regarded as today's main cybercrime hubs, "a lot of their infrastructure is housed in the west, in the United States to be precise," writes Vincent Hanna of Spamhaus Project. "Without exception, all of the major security organizations on the Internet we know of agree that the 'Home' of cybercrime in the western world is a place known as Atrivo/Intercage. We ourselves have not come to this conclusion lightly but from many years of dealing with criminal operations hosted by Atrivo/Intercage, gangs of cybercriminals -- mostly Russian and East European but with several US online crime gangs as well -- whose activities always lead back to servers run by Atrivo/Intercage..." more

FBI Pushing Enforcement Action Against Money Mules

Brian Krebs reporting on the Krebs on Security blog: "The FBI's top anti-cyber crime official today said the agency is planning a law enforcement action against so-called 'money mules,' individuals willingly or unwittingly roped into helping organized computer crooks launder money stolen through online banking fraud." more

APWG: The Internet Has Never Been More Dangerous

Anti-Phishing Working Group (APWG) released its latest Phishing Activity Trends Report today warning that the number of unique phishing websites detected in June rose to 49,084, the highest since April, 2007's record of 55,643, and the second-highest recorded since APWG began reporting this measurement. "The number of hijacked brands ascended to an all-time high of 310 in March and remained, in historical context, at an elevated level to the close of the half in June," says the report. more

Microsoft Data Suggests 1 Out of Every 14 Downloads is Malware

Microsoft Program Manager, Jeb Haber, reports in a blog post that from browser data collected on user downloads, 1 out of every 14 programs downloaded is later confirmed as malware. Haber says: "Consumers need information to make better decisions. That said, IE9 adds another layer of defense against socially engineered attacks that now looks at the application being downloaded -- this is in addition to the URL-based protection described above. This new layer of protection is called SmartScreen Application Reputation." more

Trojans Fastest Growing Category of Data-Stealing Malware

The Anti-Phishing Working Group (APWG) recently reported that the number of sites infecting PCs with password-stealing crimeware reached an all time high of 31,173 in December 2008 - an 827 percent increase from January. And according to a report just released by Trend Micro's Focus Report, 93 percent of data-stealing malware have been identified as Trojans in the first quarter of 2009. more

Engaging Consumers in Cyber Security: It’s Up to You

In a perfect world, consumers recognize authentic emails from fake, update their operating system, browser and anti-virus software, and have a healthy skepticism about the safety of the Internet. The bad guys hate perfect, so we should be working with consumers to stop them. ... Organizations like mine are joining forces to recruit consumers -- who are also your customers and employees -- in the fight against cybercrime. more

Nigerian Scammer, Ringleader of International Criminal Network Arrested

The 40-year-old Nigerian national, ringleader of a global network believed to be behind scams totalling more than USD $60 million has been arrested in a joint operation by INTERPOL and the Nigerian Economic and Financial Crime Commission (EFCC). more

New York’s Department of Financial Services Issues Cybersecurity Proposal

New York state is proposing new rules requiring banks and insurance companies to establish cybersecurity programs and designate an internal cybersecurity officer. more

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

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

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