article thumbnail

Incognito Darknet Market Mass-Extorts Buyers, Sellers

Krebs on Security

Borrowing from the playbook of ransomware purveyors, the darknet narcotics bazaar Incognito Market has begun extorting all of its vendors and buyers, threatening to publish cryptocurrency transaction and chat records of users who refuse to pay a fee ranging from $100 to $20,000. An extortion message currently on the Incognito Market homepage.

Marketing 343
article thumbnail

On the Zero-Day Market

Schneier on Security

New paper: “ Zero Progress on Zero Days: How the Last Ten Years Created the Modern Spyware Market “: Abstract: Spyware makes surveillance simple. The last ten years have also been marked by stark failures to control spyware and its precursors and components.

Marketing 321
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FBI Seizes Bot Shop ‘Genesis Market’ Amid Arrests Targeting Operators, Suppliers

Krebs on Security

Several domain names tied to Genesis Market , a bustling cybercrime store that sold access to passwords and other data stolen from millions of computers infected with malicious software, were seized by the Federal Bureau of Investigation (FBI) today. Genesis Market has introduced a number of cybercriminal innovations throughout its existence.

Marketing 362
article thumbnail

Sendgrid Under Siege from Hacked Accounts

Krebs on Security

Email service provider Sendgrid is grappling with an unusually large number of customer accounts whose passwords have been cracked, sold to spammers, and abused for sending phishing and email malware attacks. Image: Wikipedia.

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

Join this exclusive webinar with Ryan McInerny to learn: Cryptocurrency asset market trends How to manage risk and compliance to serve customers safely Best practices for identifying crypto transactions and companies Revenue opportunities with custody arrangements, brokerage fees, account maintenance fees, and lending The roadmap needed for successful (..)

article thumbnail

Why Phishers Love New TLDs Like.shop,top and.xyz

Krebs on Security

A study on phishing data released by Interisle Consulting finds that new gTLDs introduced in the last few years command just 11 percent of the market for new domains, but accounted for roughly 37 percent of cybercrime domains reported between September 2023 and August 2024. Image: Shutterstock. ”

article thumbnail

The CrowdStrike Outage and Market-Driven Brittleness

Schneier on Security

This brittleness is a result of market incentives. The market rewards short-term profit-maximizing systems, and doesn’t sufficiently penalize such companies for the impact their mistakes can have. This market force has led to the current global interdependence of systems, far and wide beyond their industry and original scope.

Marketing 346