FBI's Internet Crime Complaint Center (IC3) published the 2019 Internet Crime Report which reveals that cybercrime was behind individual and business losses of $3.5 billion as shown by the 467,361 complaints received during the last year. Read More
Topic: Cyber Crime
Evil Corp Hackers Charged For Stealing Over $100 Million
The U.S. Department of Justice (DoJ) charged Russian citizens Maksim V. Yakubets and Igor Turashev for deploying the Dridex malware (aka Bugat and Cridex), and for their involvement in international bank fraud and computer hacking schemes. Read More
Facebook’s Data Deals Are Under Criminal Investigation
Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world's largest technology companies, intensifying scrutiny of the social media giant's business practices as it seeks to rebound from a year of scandal and setbacks. Read More
Social Media Attacks Generate $3.25 Billion for Crooks Each Year
Cybercriminals are becoming more clever every year when it comes to exploiting the trust of social media users and this translates into increased earnings, with malicious activities targeting social media platforms netting criminals roughly $3.25 billion per year. Read More
Authorities Shut Down xDedic Marketplace for Buying Hacked Servers
The FBI, together with authorities from several European countries, have seized the domain and servers of xDedic, a notorious online marketplace where cyber-criminals would sell and buy access to hacked servers. Three suspects were also arrested in Ukraine. Read More
Hacker Who Stole $5 Million By SIM Swapping Gets 10 Years in Prison
A 20-year-old college student who was accused of stealing more than $5 million in cryptocurrency in a slew of SIM hijacking attacks is the first person to be sentenced for the crime. Read More
In Case You Missed it: CSIAC Webinar – Cybersecurity Arms Race – Modernizing the Arsenal
Cyber Security Ventures, the world's largest research firm on cyber crime, estimates that cyber crime will be a $6T business by 2021. That is more than the economy of the United Kingdom. This presentation reviews the history of computer viruses and the corresponding cyber defenses employed. It is the gap between the technologies used to infect vs the Read More
Cybersecurity Arms Race – Modernizing the Arsenal

Cyber Security Ventures, the world's largest research firm on cyber crime, estimates that cyber crime will be a $6T business by 2021. That is more than the economy of the United Kingdom. This presentation reviews the history of computer viruses and the corresponding cyber defenses employed. It is the gap between the technologies used to infect vs the Read More