Cybercrime

Security Researchers are Warning About a New IoT Botnet Storm Brewing

A brand new botnet, dubbed ‘IoTroop’, is discovered evolving and recruiting IoT devices at a far greater pace and with more potential damage than the Mirai botnet of 2016. Researchers at the security firm, Check Point, are warning that "a massive Botnet is forming to create a cyber-storm that could take down the internet. ... Our research suggests we are now experiencing the calm before an even more powerful storm. The next cyber hurricane is about to come."

New Wave of Ransomware Spreading Rapidly Through Russia, Ukrain and Other Nations

A new wave of ransomware called "BadRabbit" is targeting Russia and Eastern Europe, affecting Russian Interfax news agency and reported flight delays at Ukraine’s Odessa airport.

Cyberattacks Against Abortion Clinics on the Rise

Over the past few years, cyberattacks and internet harassment have escalated against abortion clinics intended to disrupt services, intimidate providers and patients.

China to Create National Cyberattack Database

China has revealed plans to create a national data repository for information on cyberattacks and will require telecom firms, internet companies and domain name service providers to report threats to it.

Equifax Breach Blamed on Open-Source Software Flaw

Equifax has blamed a flaw in the software running its online databases for the massive breach revealed last week that has allowed hackers to steal personal information of as many as 143 million customers.

Equifax Hacked, Nearly Half of US Population Affected

In an announcement today, credit reporting giant Equifax revealed a cybersecurity incident potentially impacting approximately 143 million U.S. consumers.

British Security Researcher Credited for Stopping WannaCry Is Charged in a U.S. Cybercrime Case

The 23-year-old British security researcher, Marcus Hutchins, who a few months ago was credited with stopping the WannaCry outbreak by discovering a hidden "kill switch" for the malware, is now reported to have been arrested by the FBI over his alleged involvement in separate malicious software targeting bank accounts.

Kansas System Hacked, Social Security Numbers of Millions Accessed Spanning 10 States

Hackers breached a Kansas Department of Commerce data system used across multiple states and gained access to more than 5.5 million Social Security Numbers, according to local news sources.

Afghanistan Enacts Law Targeting Online Crime and Militancy

Afghanistan's President Ashraf Ghani has signed into law a cybercrime bill this week targeting online crime and militancy by groups such as the Taliban and Islamic State despite concerns it could limit free speech.

U.S. Critical Infrastructure Will Be Attacked Within 2 Years, According to 2017 Black Hat Survey

According to a 2017 Black Hat Attendee Survey, cyberattacks on U.S. enterprise and critical infrastructure are coming soon, and in most cases defenders are not prepared.

U.S. Nuclear Power and Other Energy Companies Hacked by Russians According to Government Officials

Russian government hackers are reported to be behind latest cyber-intrusions into the business systems of U.S. nuclear power and other energy companies with efforts to assess networks.

U.S. Lawmakers Wary of Kaspersky Lab, the Russian Cybersecurity Firm

U.S. Congress is growing increasingly suspicious of the popular Russian anti-virus software provider, Kaspersky Lab.

Petya Ransomware Spreading Rapidly Worldwide, Effecting Banks, Telecom, Businesses, Power Companies

A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins.

South Korean Banks Receive DDoS Threat from Hacker Group, Record Ransomware Payment Demanded

Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin.

North Korea’s Spy Agency Behind WannaCry

According to a report from The Washington Post, the NSA has linked the North Korean government to the creation of the WannaCry ransomeware that resulted in affecting over 300,000 people in almost 150 countries last month.