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Department of Justice (DOJ) said today it seized the website and user database for RaidForums , an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world’s largest data breaches since 2015.
Last week, the RansomHub ransomware group claimed to have stolen the information of over 2 million customers from the American telecommunications company Frontier Communications. The RansomHub group claimed to have stolen 5GB of data from the telecommunications giant. concludes the letter reads.
AT&T initially denied any data breach, below is the statement from the telecomunication giant : “Based on our investigation Thursday, the information that appeared in an internet chat room does not appear to have come from our systems,” Later, the telecommunications company retracted its initial denial and confirmed the data breach.
However, the compromised personally identifiable information can expose customers to identitytheft, for this reason, T-Mobile is offering them two years of free credit monitoring and identitytheft detection services, provided by myTrueIdentity, from Transunion.
“Enterprises in the finance, banking, and telecommunications sectors are the most susceptible to online fraud, but it can happen to any company,” said Vaidotas Sedys , Head of Risk Management at Oxylabs. Sedys concluded, “AI and ML technologies are vital in the fight against cybercrime, helping organizations identify anomalies.
Computer Fraud & Abuse Act (CFAA) The Computer Fraud and Abuse Act (CFAA) addresses unauthorized access to computer systems and data, criminalizing hacking, identitytheft, and fraud. The act also covers various forms of cybercrime, including malware distribution and data theft.
Gaming (58.7%) and telecommunications (47.7%) had the highest bad bot traffic on their websites and applications. Personal information, such as credit card details, passwords, and social security numbers, can be harvested and employed for identitytheft, fraud, or other malicious endeavors. Countries with High Bot Traffic 4.
However, there are some high-target industries, including healthcare, financial services, technology and telecommunications, retail and e-commerce, and the government and public sector, which are at a heightened risk of being targeted by cyber criminals. Supply chain security and third-party vulnerabilities.
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