Cybercrime

Close to Half of US East Coast Fuel Supply Shutdown Due to Ransomware Cyberattack

Colonial Pipeline, which accounts for close to half of the United States East Coast's fuel, has shut down its operations due to a cyberattack. The incident, believed to be the largest successful cyberattack on oil infrastructure in the U.S., was disclosed over the weekend. more

DDoS Attacks Are Surging Both in Frequency and Sophistication

Cloudflare's new report warns about the significant increase of DDoS attacks and their level of sophistication. The numbers doubled from Q1 to Q2 and doubled again in Q3, resulting in a four-fold increase compared to the pre-COVID level in the first quarter. more

New Data Reveals Phishing Attacks Are Bigger Than Reported, Exact Size of Problem Unknown

A group of experts from Interisle Consulting Group released a paper today, reporting a comprehensive study of the phishing landscape in 2020. The study's goal was to capture and analyze a large set of information about phishing attacks to better understand how much phishing is taking place, where it is taking place, and better ways to fight them. more

CENTR Has Released an Animated Video on ccTLDs and Their Technical Role Concerning Content

Due to increased legislative interest in this topic, CENTR says there is a pressing need for comprehensive educational material on the technical capabilities of the DNS, ccTLDs and their role in the internet ecosystem. more

Trump Admin Ramping Up Attacks on GDPR – Says It Helps Cybercrime, Threatens Public Health

While the EU is boasting about the success of its flagship privacy law, the General Data Protection Regulation (GDPR), the U.S. administration is ramping up attacks on the system, saying it provides cover to cybercriminals and threatens public health. more

Trust Has Eroded Within the Cybercriminal Underground Causing a Switch to Ecommerce Platforms

New data released today indicates that trust has eroded among criminal interactions, causing a switch to ecommerce platforms and communication using Discord, which both increase user anonymization. more

Google Reports 18 Million Daily COVID-19 Related Malware, Phishing Emails Per Day

During the last week, Google says it has been seeing 18 million malware and phishing emails related to COVID-19 daily. This, the company reported today, "is in addition to more than 240 million COVID-related daily spam messages." more

Over 360 Security Experts Around the World From Group to Combat COVID-19 Hackers, Protect Hospitals

An international group of more than 360 cyber threat intelligence researchers from over 40 countries have joined forces to help the medical sector amid the COVID-19 crisis. more

Microsoft Takes Legal Action Against North Korean Cybercrime Group, Takes Down 50 Domains

Microsoft has taken control of 50 domains used by a North Korean cybercrime group dubbed "Thallium" to steal information from users, including government employees, think tanks, university staff members, and those working on nuclear proliferation issues. more

U.N. Approves Resolution to Combat Cybercrime Despite Opposition From E.U., the U.S. and Others

The U.N. General Assembly has approved a resolution to start the process of drafting a new international treaty against cybercrime despite objections from the European Union, the United States and other countries. The Russian-drafted resolution received approval from a 193-member world body with a vote of 79-60 and 33 abstentions. more

Leading Domain Registries and Registrars Release Joint Document on Addressing ‘DNS Abuse’

A group of leading domain name registries and registrars have joined forces in the fight against abuse in the Domain Name System (DNS), by developing a "Framework to Address Abuse." Each contributing company has shared its expertise and experience mitigating abusive practices with the goal of submitting the resulting Framework as a foundational document for further discussion in the multistakeholder community.  more

More Than 500 Schools in the U.S. Hit by Ransomware in 2019, Says Report

A recent report published by the cybersecurity firm Armor says ransomware infections have hit over 500 US schools in 2019 to date. Armor warns the rate of attack seems to be picking up with 15 new ransomware victims in the last two weeks, all of them educational institutions. more

Cyber Risk Now on Top of Corporate Risk Agendas, Cyber Insurance Expanding

Results from the 2019 Marsh-Microsoft Global Cyber Risk Perception survey indicates several encouraging signs of improvement in the way organizations view and manage cyber risk. more

281 Arrested Worldwide by US Federal Authorities in Connection With Business Email Compromise Scheme

U.S. Department of Justice says federal authorities successfully carried out a "significant" coordinated effort to disrupt Business Email Compromise (BEC) schemes designed to intercept and hijack wire transfers from businesses and individuals. more

The Insecurity of the IoT is Only Getting More Profound, Says Principal Researcher at F-Secure

"Three years after Mirai first appeared, and two years after WannaCry, it shows that we still haven't solved the problems leveraged in those outbreaks," said F-Secure Principal Researcher Jarno Niemela. more