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Posts tagged Cybercriminals

Some Experts Question Efforts to Identify Cyberattackers

Efforts by the U.S. government to better identify cyberattackers will likely lead to violations of Internet users’ privacy and anonymity, and technological means to attribute the source of the attacks may be inaccurate, privacy and cybersecurity experts said Thursday.
Witnesses at a U.S. House of Representatives subcommittee hearing disagreed about whether the government should explore new [...] Read more »

Defending against Zeus botnet attacks

The Zeus botnet has become one of the most dangerous botnets in history because of the targeted crimes that have been committed using the malware it propagates and the ease with which attackers commit the crimes. In this tip, we’ll review what makes Zeus such a unique problem for enterprises and how best to defend [...] Read more »

25 Million Strains of Malware Identified in 2009

More than 25 million new strains of malware were created last year, says PandaLabs.
According to the security vendor’s Annual Malware Report, the number of new versions of malware identified has topped the 15 million identified throughout the company’s 20-year history.
PandaLabs said that 66 percent of the new malware identified were banking Trojans, and the next [...] Read more »

Proposed US Law Would Single out Cybercrime Havens

The International Cybercrime Reporting and Cooperation Act takes on a growing problem for banks and U.S. businesses: the ability for cybercriminals to operate with impunity across international borders. The bill is co-sponsored by Senators Kirsten Gillibrand, a Democrat from New York, and Orrin Hatch, a Republican from Utah.
In recent years, cybercriminals have mastered techniques for [...] Read more »

Inside a global cybercrime ring

Hundreds of computer geeks, most of them students putting themselves through college, crammed into three floors of an office building in an industrial section of Ukraine’s capital Kiev, churning out code at a frenzied pace. They were creating some of the world’s most pernicious, and profitable, computer viruses.
According to court documents, former employees and investigators, [...] Read more »

New Bill Proposes Sanctions for Countries Lax on Cybersecurity

In an effort to address the global nature of the cybersecurity problem U.S. Sens. Gillibrand and Hatch have proposed legislation that would require U.S. assessments of cybercrime in other nations and open the door to possible sanctions against those who do not cooperate sufficiently to attack cybercrime within their borders.
A new bill introduced in the [...] Read more »

FBI: Cyberfraud Losses Doubled in 2009

Last year was a tough one for most businesses, but for cybercriminals it was one of the best yet.
According to data released Friday by the U.S. Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3), victims reported total losses of US$559.7 million in 2009, more than double the tally for 2008.
The most frequently reported scam [...] Read more »

Malware Attack Uses China World Expo Guise

A malware attack dressed up as an e-mail from organizers of the upcoming Shanghai World Expo targeted at least three foreign journalists in China, in the latest sign of increasingly sophisticated cyberattacks from the country.
The e-mail appeared to be sent from the inbox of the Expo news office, but it was not sent by the [...] Read more »

Downadup/Conficker and April Fool’s Day: One Year Later

As we approach April Fool’s Day 2010, we recognize the one-year anniversary of the Downadup/Conficker threat’s April 1, 2009, “trigger” date. A year ago, the security industry monitored Downadup/Conficker activities to be fortified against the criminal or criminals behind the threat’s next move. Fortunately, Conficker did not turn into a widespread threat or cause the [...] Read more »

Zeus Trojan infects 74000

Researchers at network forensics firm NetWitness Corp., have discovered evidence that the Zeus Trojan continues to evade antivirus and steal thousands of passwords on consumer and corporate network PCs.
Investigators said they discovered a 75GB cache, believed to be a hacker drop site tied to the Zeus infections. The cache contained the stolen data from more [...] Read more »

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