Tag Archives: cybercrime

Universty of Suffolk hosts cybercrime conference | Latest Ipswich …

PUBLISHED: 07:45 10 January 2018 | UPDATED: 11:08 10 January 2018

University of Suffolk cybercrime conference. Left to right: Professor Mohammad Dastbaz, deputy vice-chancellor; Helen Gibson, CENTRIC; Tim Passmore, police and crime commissioner; Emma Bond, professor in the faculty of arts, business and applied social science at University of Suffolk. Picture: JAMES FLETCHER PHOTOGRAPHY

University of Suffolk cybercrime conference. Left to right: Professor Mohammad Dastbaz, deputy vice-chancellor; Helen Gibson, CENTRIC; Tim Passmore, police and crime commissioner; Emma Bond, professor in the faculty of arts, business and applied social science at University of Suffolk. Picture: JAMES FLETCHER PHOTOGRAPHY

James Fletcher Photography Ltd

Universty of Suffolk hosts cybercrime conference | Latest Suffolk and …

PUBLISHED: 07:45 10 January 2018 | UPDATED: 11:08 10 January 2018

University of Suffolk cybercrime conference. Left to right: Professor Mohammad Dastbaz, deputy vice-chancellor; Helen Gibson, CENTRIC; Tim Passmore, police and crime commissioner; Emma Bond, professor in the faculty of arts, business and applied social science at University of Suffolk. Picture: JAMES FLETCHER PHOTOGRAPHY

University of Suffolk cybercrime conference. Left to right: Professor Mohammad Dastbaz, deputy vice-chancellor; Helen Gibson, CENTRIC; Tim Passmore, police and crime commissioner; Emma Bond, professor in the faculty of arts, business and applied social science at University of Suffolk. Picture: JAMES FLETCHER PHOTOGRAPHY

James Fletcher Photography Ltd

How Brett Johnson, the ‘Original Internet Godfather’, walked away from his cybercrime past

It’s 7am and I’m driving through Hull city centre to pick up Brett Johnson, known in cyberspace by the alias Gollumfun and dubbed the “Original Internet Godfather” by the US Secret Service.

Johnson was on the notorious US most wanted list in 2006, before being arrested for cybercrime and laundering $4m. I’ve never met anyone whose name has been on that list, and so our encounter comes with some level of subliminal intimidation. Turns out, he’s both casual and friendly and I’m keeping an open mind.

But I also have to remind myself that he’s a former cybercriminal, who invented a “popular” online tax-return fraud scheme, plenty of identity theft variants and ShadowCrew – the precursor to the dark web.

We’re scheduled to spend two days together. I invited Johnson to give a talk at the Business School of the University of Hull and, some weeks after his talk –

Read more at: http://www.independent.co.uk/life-style/gadgets-and-tech/features/cybercrime-brett-johnson-original-internet-godfather-money-laundering-fraud-a8139151.html

Cybercrime cases in India are under-reported, say experts

New Delhi: With the centre scrambling to fortify India’s cyber operations amid growing warnings of malware attacks on personal and organizational devices, intelligence and cyber law experts have stated that much like crimes against women, India suffers from dismal under-reporting of cybercrime cases.

While the National Crime Records Bureau (NCRB) stated that India recorded 9,622, 11,592 and 12,317 cases of cybercrime in 2014, 2015 and 2016 respectively, experts stated that this data accounted for merely 1% of the cybercrimes that actually took place in the country.

“These figures do not represent the ground reality. There is massive under-reporting of cybercrime cases in India and at present these numbers represent just 1% of actual incidents,” said Pavan Duggal, a cyber law expert.

He said that people seldom come forward to report cybercrimes because of loopholes in the legal system.

“In 2008, all cybercrime offences—except child pornography, cyberterrorism and breach of protected

Read more at: http://www.livemint.com/Politics/kmE7EC9twVDn3DSIZlH8QM/Cybercrime-cases-in-India-are-underreported-say-experts.html

Cybercrime cases in India are under-reported, say experts

New Delhi: With the centre scrambling to fortify India’s cyber operations amid growing warnings of malware attacks on personal and organizational devices, intelligence and cyber law experts have stated that much like crimes against women, India suffers from dismal under-reporting of cybercrime cases.

While the National Crime Records Bureau (NCRB) stated that India recorded 9,622, 11,592 and 12,317 cases of cybercrime in 2014, 2015 and 2016 respectively, experts stated that this data accounted for merely 1% of the cybercrimes that actually took place in the country.

“These figures do not represent the ground reality. There is massive under-reporting of cybercrime cases in India and at present these numbers represent just 1% of actual incidents,” said Pavan Duggal, a cyber law expert.

He said that people seldom come forward to report cybercrimes because of loopholes in the legal system.

“In 2008, all cybercrime offences—except child pornography, cyberterrorism and breach of protected

Read more at: http://www.livemint.com/Politics/kmE7EC9twVDn3DSIZlH8QM/Cybercrime-cases-in-India-are-underreported-say-experts.html

An Outlook on the Cybercrime Epidemic – What Will 2018 Bring?

2017 was a year of firsts for the cybersecurity industry. For one, cybersecurity spending exceeded $86 billion, and is expected to surpass $1 trillion by 2021. We also experienced several cybersecurity disasters we had never seen before – think WannaCry, NotPetya, Wikileaks, Equifax – that made organizations around the world concerned for the state of their infrastructure’s security. These were not run of the mill, small breaches either, but rather viral leaks and full-blown campaign hacks exposing confidential customer information and government data. It was a year that elevated the topic of security to the very top across every industry.

While companies are racing to protect their organization’s data from future attacks, it is important to keep in mind that hackers are only getting smarter and more sophisticated.

Read more at: http://www.iotevolutionworld.com/iot/articles/435915-an-outlook-the-cybercrime-epidemic-what-will-2018.htm

Bill proposes stiff penalties in war against cybercrime

By WANJOHI GITHAE
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Internet users in Kenya will face closer State scrutiny if a proposed law on cybercrime published recently is passed next year.

The Computer and Cybercrimes Bill 2017 spells out far-reaching measures aimed at punishing online users who misuse Internet freedom.

Among those it targets are cyber bullies, stalkers, hackers, peddlers of fake news and paedophiles who use popular social media sites such as Facebook, Twitter, Instagram and WhatsApp.

Previous attempts to impose some control on social media users were met with accusations that the government was out to limit free speech.

The bill, published by National Assembly Majority Leader Aden Duale, comes as Kenya continues to enjoy high Internet penetration compared to many African countries.

“This bill is long overdue in Kenya. It was put together borrowing from international best practices. We will ask MPs and Kenyans

Read more at: http://www.nation.co.ke/news/stiff-penalties-for-cybercrime/1056-4221682-atevyoz/index.html

Machine learning, the dark web and cybercrime – an unholy trinity

Most people know about IoT, at least to the level of the need to monitor and control the hundreds and thousands of individual sensors and devices that go to make up a complete process or system. Most people will have also heard of ransomware. Many, either as individuals or IT staff in businesses, will have seen first-hand the consequences of an attack. Now stick the two ideas together.

That, in the opinion of Derek Manky, Global Security Strategist for Fortinet, is what is coming down the line at us all as the next major security threat. The combination will come in the form of Hivenets and Swarmbots, and the results could be far more targeted and focused attacks, based not on the basic process of breaking into a system with one malware exploit and launching an attack. Instead it will be based on inserting

Read more at: https://diginomica.com/2017/12/08/ai-machine-learning-cyber-crime-unholy-trinity/

Cybercrime Christmas is Coming

This year looks like being a bumper Christmas for cyber-criminals, who are now gearing up for the shopping season as eagerly as the leading retailers, who make over half their annual revenues in this short period.

Last year saw online Christmas sales rocket with a massive 51% year-on-year jump in online sales in the final week before December 25. But last year also saw a sharp peak in cyber fraud targeting retailers with refund scams, fake vouchers and coupons and carding cons growing sixfold in the month leading up to last Christmas.

Since then, cyber-criminals have had 12 months to hone and perfect their skills as a growing number of shoppers opt to make more of their purchases online. During 2017, in-store shopping fell by 3.7% in the UK while online shopping rose by 3.6%, making the UK an increasingly attractive target for organized criminal gangs, many of

Read more at: https://www.infosecurity-magazine.com/opinions/cybercrime-christmas-coming/

Rewards Points Theft is a Growing Piece of the Cybercrime Pie

The already lucrative market in stolen rewards points is significantly growing.

According to Flashpoint, a number of factors are coalescing to drive this criminal segment forward.

For one, fraudulent “booking services” that use stolen points in Russian-language forums are gaining popularity, including one that has gone as far as to establish its own group of members dedicated to cybercrime targeting hotel bookings. One such member has been advertising their travel “booking service” on two lower-tier forums since December 2014; grateful customers regularly post photos taken on trips purchased through the actor’s offerings. Interestingly, tickets can be to anywhere in the world, except domestic flights within Russia.

“This typically occurs via compromised user accounts—particularly those associated with rewards points credit cards,” Flashpoint explained, in a blog. “Actors then use these points to purchase hotel rooms, flights, and car rentals through online booking services.”

There is also widespread points abuse among English and Spanish-speaking cyber-criminals.

“These

Read more at: https://www.infosecurity-magazine.com/news/rewards-points-theft-is-growing/