A cybercrime outfit stealing from as many as 10 banks in Russia, Armenia and Malaysia has borrowed heavily from one of the kingpins in this realm, Carbanak, which is alleged to have stolen possibly as much as $1 billion worldwide from financial organizations. The new group has been called Silence by researchers at Kaspersky Lab who today published a
CS Digest Section: Cyber Crime
Cyber attacks using malware called "BadRabbit" hit Russia and other nations on Tuesday, affecting Russian Interfax news agency and causing flight delays at Ukraine's Odessa airport.
Insurers could pay $275 million to cover the insured portion of drugmaker Merck & Co's loss from a cyber attack in June, according to a forecast by Verisk Analytics Inc's Property Claim Services (PCS) unit.
Over the last day or two, several Mac users appear to have been locked out of their machines after hackers signed into their iCloud accounts and initiated a remote lock using Find My iPhone. With access to an iCloud user's username and password, Find My iPhone on iCloud.com can be used to "lock" a Mac with a passcode even with two-factor authentication
One of the world's "big four" accountancy firms has been targeted by a sophisticated hack that compromised the confidential emails and plans of some of its blue-chip clients, the Guardian can reveal. Deloitte, which is registered in London and has its global headquarters in New York, was the victim of a cybersecurity attack that went unnoticed for months.
The Trump administration on Thursday sanctioned seven Iranian nationals and an Iran-based computer security company for their role in cyberattacks targeting the U.S. financial system. The treasury Department announced sanctions on 11 entities and individuals for supporting Iran's elite Islamic Revolutionary Guards Corps (IRGC) and networks responsible for
A Paris-based security researcher, who goes by the pseudonymous handle Benkow, discovered an open and accessible web server hosted in the Netherlands, which stores dozens of text files containing a huge batch of email addresses, passwords, and email servers used to send spam. Those credentials are crucial for the spammer's large-scale malware operation to
Some cybersecurity firms believe the hacking group exposed by ESET, known as Turla, is connected to Russian intelligence services. The backdoor used by Turla has been codenamed Gazer. ESET describes Gazer as a stealthy and complex hacking tool that is difficult to detect. The implant receives encrypted code from an external server, which can execute
The campaign spotted by researchers at AppRiver sent out more than 23 million messages containing Locky ransomware in just 24 hours on 28 August across the United States in what appears to be one of the largest malware campaigns in the second half of this year. According to the researchers, the emails sent out in the attack were "extremely vague," with
An actor managed to hack the CoinDash official website during the company's ICO (Initial Coin Offering) and diverted over $7 million worth of Ethereum by replacing the official wallet address with their own. The incident took place on Monday, just minutes after the company launched its ICO in an attempt to raise funds in the form of Ethereum