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The Cost of Cybercrime

Schneier on Security

Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. Several new cybercrimes are significant enough to mention, including business email compromise and crimes involving cryptocurrencies. and more on response.

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An Interview With the Target & Home Depot Hacker

Krebs on Security

That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals. “I’m also godfather of his second son.”

Retail 258
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U.S., U.K. Sanction 7 Men Tied to Trickbot Hacking Group

Krebs on Security

Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “ Trickbot ,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. companies and government entities.

Hacking 237
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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

One of Megatraffer’s ads on an English-language cybercrime forum. “Antivirus software trusts signed programs more. That protracted and public conflict formed the backdrop of my 2014 book — “ Spam Nation: The Inside Story of Organized Cybercrime, from Global Epidemic to Your Front Door. Image: Ke-la.com.

Malware 304
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A Deep Dive Into the Residential Proxy Service ‘911’

Krebs on Security

These services can be used in a legitimate manner for several business purposes — such as price comparisons or sales intelligence — but they are massively abused for hiding cybercrime activity because they can make it difficult to trace malicious traffic to its original source. ” A depiction of the Proxygate service.

VPN 351
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How Did Authorities Identify the Alleged Lockbit Boss?

Krebs on Security

This post examines the activities of Khoroshev’s many alter egos on the cybercrime forums, and tracks the career of a gifted malware author who has written and sold malicious code for the past 14 years. was used by a Russian-speaking member called Pin on the English-language cybercrime forum Opensc. Dmitry Yuryevich Khoroshev.

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Cybercrime Year in Review: 2013

SiteLock

And if you think that simply relying on antivirus software will get you through safely, there’s some more bad news. Some reports have suggested that today’s antivirus software can detect very few of the most dangerous types of malware – the stuff you really want to avoid. And the New York Times can testify to that.