Cybercrime

Cybercrime / Recently Commented

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

Enterprise Domain Stargazing: Understanding Your Company’s Galaxy of Domains

In CSC's recent insight paper, we address the trend that many business leaders today don't realize the extent to which their modern enterprise -- and its millions of digital assets -- rely on. It's a vast domain ecosystem that needs to be protected from online threats. Often, to better understand this need for domain security, we need to understand how critical and interconnected domains are within a business. more

UN Cyberdiplomcy I: PoC, Cybercrime and the Global Digital Compact

Despite global polarization, recent UN cyber diplomacy has achieved three significant agreements in 2024: a cyber attack reporting system, a convention against cybercrime, and a "Global Digital Compact." These successes show that consensus on global issues is possible, though the vague wording of agreements raises concerns about their long-term effectiveness in ensuring security and peace. 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

Phishers Exploit the Cybercrime Supply Chain Despite the Availability of Effective Countermeasures

Interisle Consulting Group today released its fourth annual Phishing Landscape report investigating where and how cybercriminals acquire naming and hosting resources for phishing. Our study shows that cybercriminals evolved their tactics for obtaining attack resources, including sharply increasing their exploitation of subdomain and gateway providers. more

Ransomware Crisis in U.S. Healthcare

A significant ransomware attack by a group known as AlphV or BlackCat has severely disrupted pharmacies across the U.S., affecting the delivery of prescription medications for over ten days. This attack on Change Healthcare has resulted in considerable difficulties for hospital pharmacies and nationwide drug distribution. more

Global Law Enforcement Strikes Major Blow Against LockBit Ransomware Operation

In a significant global operation, law enforcement agencies from 10 countries have severely disrupted the LockBit ransomware group, recognized as the most prolific and harmful cyber threat worldwide. more

UN Treaty Threatens Cybersecurity, Warns Google

As governments convene to discuss the UN Cybercrime Treaty, Google is urging caution, warning that the current draft could endanger online security and free expression.  more

Internet Governance Outlook 2024: “Win-Win-Cooperation” vs. “Zero Sum Games”?

The 2024 "To-Do-List" for all stakeholders in the global Internet Governance Ecosystem is a very long one. Not only the real world but also the virtual world is in turmoil. Vint Cerf once argued that the Internet is just a mirror of the existing world. If the existing world is in trouble, the Internet world has a problem. more

Rise in Cybercrime Exploiting Artificial Intelligence Hype Leads to Growing Threats Within the .ai Domain Space

Cybercriminals are leveraging the growing popularity of artificial intelligence to perpetrate attacks, capitalizing on the surge in interest following the release of chatbot technologies like ChatGPT. New research by Netcraft reports on the increasing use of .ai domain names where criminals use malicious websites around AI to draw in victims. more

Researchers Uncover Massive Underground Link-Shortening Service Used by Malicious Actors

New research indicates that the .US top-level domain contains numerous domains linked to a malicious link-shortening service dubbed 'Prolific Puma' promoting malware and phishing. Infoblox has been monitoring this three-year-old service, which uses short domains hosted on uncooperative providers to disguise harmful landing pages. more

UK’s National Agencies Release White Paper on Evolving Cyber Crime Ecosystem

 more

The Hague to Probe Cyberwarfare Under Existing International Law

In a recent article published by WIRED Magazine, a significant shift in international law regarding cyberwarfare has been brought to light. The International Criminal Court (ICC) at the Hague has signaled its intention to investigate and prosecute hacking crimes that breach existing international law without the need for new regulations. more

Phishing Attacks Surge Despite Increased Awareness, New Strategies Needed

The alarming rise of phishing attacks has been underscored by a recent study "Phishing Landscape 2023: An Annual Study of the Scope and Distribution of Phishing conducted" by the Interisle Consulting Group, revealing a tripling of such attacks since May 2020. Despite efforts by companies and policymakers to combat this cybercrime, the data suggests that the prevailing strategies are ineffective and worsening each year. more

The Rising Cost of Digital Theft and Espionage in Germany

The German digital association, Bitkom, recently announced that the cost of IT equipment theft, data breaches, digital and industrial espionage, and sabotage is expected to reach a staggering 206 billion euros ($224 billion) in 2023.  more