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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.

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Europol takes down criminal data hub Manson Market in busy month for law enforcement

Malwarebytes

A coordinated action between several European law enforcement agencies shut down an online marketplace called Manson Market that sold stolen data to any interested cybercriminal. What made this market attractive for cybercriminals was that they could buy data sorted by region and account balance with advanced filtering options.

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Encrypted messaging service intercepted, 2.3 million messages read by law enforcement

Malwarebytes

European law enforcement agencies have taken down yet another encrypted messaging service mainly used by criminals. The Matrix encrypted messaging service was an invite-only service which was also marketed under the names Mactrix, Totalsec, X-quantum, or Q-safe. de Vries in 2021.

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Don’t Let Encryption Become A Double-Edged Sword That Undermines Zero Trust CyberSecurity

Joseph Steinberg

It is no secret that cybersecurity professionals universally recommend that people, businesses, and governments employ strong encryption as one of several methods of protecting sensitive information.

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UK Government to Launch PR Campaign Undermining End-to-End Encryption

Schneier on Security

Rolling Stone is reporting that the UK government has hired the M&C Saatchi advertising agency to launch an anti-encryption advertising campaign. Presumably they’ll lean heavily on the “think of the children!” ” rhetoric we’re seeing in this current wave of the crypto wars.

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Cryptanalysis of ENCSecurity’s Encryption Implementation

Schneier on Security

ENCSecurity markets a file encryption system, and it’s used by SanDisk, Sony, Lexar, and probably others. Despite it using AES as its algorithm, it’s implementation is flawed in multiple ways—and breakable. The moral is, as it always is, that implementing cryptography securely is hard.

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Another Story of Bad 1970s Encryption

Schneier on Security

The Dutch intelligence service has been able to read encrypted communications from dozens of countries since the late 1970s thanks to a microchip, according to research by de Volkskrant on Thursday. Philips, together with Siemens, built an encryption machine in the late 1970s. Philips helped the ministry and the intelligence service.