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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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Spam Kingpin Peter Levashov Gets Time Served

Krebs on Security

.” Over the course of his 15-year cybercriminal career, Severa would emerge as a pivotal figure in the cybercrime underground , serving as the primary moderator of a spam community that spanned multiple top Russian cybercrime forums. Severa was a moderator on the Russian spam community Spamdot[.]biz.

Antivirus 332
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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. This bold about-face dumbfounded many longtime Norton users because antivirus firms had spent years broadly classifying all cryptomining programs as malware.

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How to Identify and Avoid Holiday Phishing Scams

Identity IQ

How to Identify and Avoid Holiday Phishing Scams IdentityIQ The holiday season brings joy, celebrations, and… a surge in online scams. Holiday phishing scams are an ongoing issue that ramps up when folks are feeling the most festive. About three-quarters of American consumers have encountered some form of holiday-related scam.

Scams 98
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Inside Ireland’s Public Healthcare Ransomware Scare

Krebs on Security

31, 2021, the HSE’s antivirus software detected the execution of two software tools commonly used by ransomware groups — Cobalt Strike and Mimikatz — on the Patient Zero Workstation. But the antivirus software was set to monitor mode, so it did not block the malicious commands.”

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How cybercrime is impacting SMBs in 2023

SecureList

Nonetheless, their behavior is annoying, sometimes even dangerous, and the antivirus alerts users because, despite being legal, they often sneak onto the device without the user realizing. Although they are listed among the most widespread threats and can be used by cybercriminals to cause harm, they are not malicious per se.

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“FudCo” Spam Empire Tied to Pakistani Software Firm

Krebs on Security

In May 2015, KrebsOnSecurity briefly profiled “ The Manipulaters ,” the name chosen by a prolific cybercrime group based in Pakistan that was very publicly selling spam tools and a range of services for crafting, hosting and deploying malicious email. One of several current Fudtools sites run by The Manipulaters.

Software 276