Deterrence in cyberspace is possible — and ‘urgent’ — amid ‘alarming’ hybrid attacks, State cyber ambassador says

In an interview with CyberScoop, Nate Fick also discussed the structure of his office and regions of emphasis.

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WT1SHOP Cybercrime Market Seized by US and Portuguese Authorities

By Deeba Ahmed
According to the DoJ, WT1SHOP was operated by a 36-year-old national of the Republic of Moldova identified as Nicolai Colesnicov.
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The latest in Facebook’s dragnet: Propaganda from Russian military intelligence

Facebook on Wednesday announced the removal of three networks of accounts it had determined were operating on behalf of foreign governments, including a number of pages that the company tied to Russian intelligence services. Researchers found a network of 78 accounts, 11 Pages, 29 groups and four Instagram pages that often posted about news such as Russia’s involvement in Syria and the downing of the Malaysian airliner MH17 and also had links to Russian military intelligence services, the company said. Sometimes, the account holders misrepresented themselves as citizen journalists, and contacted policymakers, reporters and other known figures in the region who could help amplify their content, Facebook said in a blog post. The other networks originated in Iran, where operators also impersonated journalists, and Vietnam and Myanmar, where the Burmese telecommunications company MyTel, which is indirectly owned by the Burmese and Vietnamese militaries, engaged in “coordinated inauthentic behavior.” These takedowns are […]

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International police dismantle crime ring that allegedly used GozNym malware to try to steal $100 million

Law enforcement officials from the U.S. and some European allies say they have broken up a criminal network that used banking malware to try to steal an estimated $100 million from over 41,000 victims in multiple countries. An indictment made public Thursday alleges that 10 members of a criminal organization used the GozNym malware, a banking trojan that infects internet browsers and was compiled from two other known pieces of malware, to steal victims’ login credentials, steal their money and then launder those funds through U.S. and foreign bank accounts. The primary victims were U.S. businesses and their supporting financial institutions, including several victims in the Western District of Pennsylvania, U.S. officials said. Other organizations hit were a Pennsylvania asphalt and paving business, a Washington law firm, a casino in Gulport, Mississippi, and a California furniture business, according to the indictment. Cybersecurity researchers tracking GozNym in recent years have reported its targeting of credit […]

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Facebook scrubs accounts spreading disinformation in Moldova ahead of heated election

Facebook has removed nearly 200 accounts and pages for spreading fake news about Moldova ahead of an election that could deepen the divide between the country’s pro-Russian and pro-Western lawmakers. The social media company announced Wednesday it took 168 Facebook accounts, 28 pages and eight Instagram accounts offline for misleading users in Moldova about who they were. The pages posted frequently about political issues such as required Russian language education and  Moldova’s supposed reunification with Romania posed as a fact-checking organization or spread doctored photos, Facebook said. “Although the people behind this activity attempted to conceal their identities, our manual review found that some of this activity was linked to employees of the Moldovan government,” Facebook said. Roughly 54,000 accounts followed at least one of the pages Facebook has removed, and some 1,300 accounts followed one of the Instagram pages. Moldova, one of the poorest countries in Europe, is scheduled to […]

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Dridex: Financial Trojan aggressively spread in millions of spam emails each day

Built to harvest the banking credentials of victims, the virulent Dridex is now one of the most dangerous pieces of financial malware in circulation.Read More Continue reading Dridex: Financial Trojan aggressively spread in millions of spam emails each day