Collaborate Disseminate
Cryptocurrency continued to make headlines this past week for a variety of cybercrime-related activities. For starters, researchers discovered a new cryptocurrency miner, dubbed ADB.Miner, that infected nearly 7,000 Android devices such as smartphones,… Continue reading Weekly Cyber Risk Roundup: Cryptocurrency Attacks and a Major Cybercriminal Indictment
Several cryptocurrency exchanges were among the week’s top trending cybercrime targets due to a variety of different currency thefts, data breaches, and warnings from researchers. The most impactful incident occurred at the bitcoin mining platfor… Continue reading Weekly Cyber Risk Roundup: Bitcoin Attacks Dominate Headlines, New Phishing Warnings
Uber was the week’s top trending cybercrime target due to the announcement of a year-old breach that affects 57 million customers and drivers. In addition, the company admitted to paying the hackers $100,000 in an effort to keep the breach out th… Continue reading Weekly Cyber Risk Roundup: Uber’s Breach Woes, Major Cybercriminals Prosecuted
It’s been just over two years since the liability shift around EMV pushed retailers and financial institutions towards adopting chip-enabled cards and terminals, and the fraud landscape for cybercriminals has shifted along with that adoption. In … Continue reading Fraud Landscape Shifts as EMV Adoption Becomes More Widespread
Payment card breaches were back in the news again this week as Forever 21 announced that it is investigating a point-of-sale breach (POS) at some of its stores, and several other organizations issued breach announcements related to stolen payment card … Continue reading Weekly Cyber Risk Roundup: More Payment Card Breaches and Dark Web Arrests
October’s Bad Rabbit ransomware attacks were back in the news this week due to a report that a series of phishing attacks occurred at the same time as the Bad Rabbit outbreak, and the parallel attacks may have been carried out by the same group. The discovery also suggests that Ukraine may have been a… Read More
The post Weekly Cyber Risk Roundup: Bad Rabbit’s Parallel Attack, Paradise Papers Fallout appeared first on Security Boulevard.
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The Spanish government was the week’s top trending cybercrime target due to a series of distributed denial-of-service (DDoS) and other attacks that were orchestrated by the hacktivist group Anonymous. The Anonymous’ campaign against the Spanish government comes on the heels of Catalonia’s recent referendum on independence. As Miguel-Anxo Murado wrote in The New York Review… Read More
The post Weekly Cyber Risk Roundup: Spain-Catalonia Conflict Goes Digital, Russian Hacking Revealed appeared first on Security Boulevard.
The holiday shopping season is right around the corner, and gift cards are expected to remain as the most requested holiday gift for the tenth year in a row. It should come as no surprise then that gift card fraud has become a booming business for cybercriminals as they attempt to grab a slice of that… Read More
The post ‘Tis the Season: Gift Card Fraud Rampant on the Dark Web appeared first on Security Boulevard.
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The week’s top trending event was the outbreak of Bad Rabbit ransomware, which quickly spread across Russia and Eastern Europe before most of the infrastructure behind the attack was taken offline hours later. Bad Rabbit was largely spread via watering hole attacks using compromised news media websites that prompted users to install a fake “Flash… Read More
The post Weekly Cyber Risk Roundup: Bad Rabbit Halted, Law Firm Breach Raises Questions appeared first on Security Boulevard.
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Two months ago, Fan Xia, a 29-year-old research assistant from UW-Milwaukee’s engineering department, was arrested for laundering more than $300,000 via an international scheme involving gift cards. According to the criminal complaint, Xia would receive gift card information from scammers in India, use that information to buy iTunes and Google Play gift cards, and then… Read More
The post ‘Tis the Season: How Cybercriminals Perpetuate Gift Card Fraud appeared first on Security Boulevard.
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