Tag Archives: global

Global End User Perspective on Navigating Digital Transformation 2017 – Cyber-Crime & Espionage, Malware and …

DUBLIN–(BUSINESS WIRE)–The “An
End User Perspective on Navigating Digital Transformation, Global, 2017”

report has been added to Research and Markets’ offering.

This in-depth study of 1,934 IT decision makers was designed to measure
the current use and future decision making behavior toward information
technology (IT) around the globe and across verticals.

The study was designed to help organizations:

Global End User Perspective on Navigating Digital Transformation …

DUBLIN–(BUSINESS WIRE)–The “An
End User Perspective on Navigating Digital Transformation, Global, 2017”

report has been added to Research and Markets’ offering.

This in-depth study of 1,934 IT decision makers was designed to measure
the current use and future decision making behavior toward information
technology (IT) around the globe and across verticals.

The study was designed to help organizations:

UPDATE 1-Belarus arrests suspected ringleader of global cyber crime network (MSFT)

(Adds details on arrest of Andromeda hacker in Belarus;
background)

By Toby Sterling and Eric Auchard

AMSTERDAM/LONDON, Dec 5 (Reuters) – One of Eastern Europe’s
most prolific cyber criminals has been arrested in a joint
operation involving Belarus, Germany and the United States that
aimed to dismantle a vast computer network used to carry out
financial scams, officials said on Tuesday.

National police in Belarus, working with the U.S. Federal
Bureau of Investigation, said they had arrested an unnamed
citizen of Belarus on suspicion of selling malicious software
who they described as administrator of the Andromeda network.

Andromeda can be described as a “botnet”, or group of
computers that have been infected with viruses to allow hackers
to control them remotely without the knowledge of their owners,
enabling them to install crime tools to mount further attacks.

The arrested individual is suspected of being a ringleader
of

Read more at: http://markets.businessinsider.com/news/stocks/r-update-1-belarus-arrests-suspected-ringleader-of-global-cyber-crime-network-2017-12-1010362439

UPDATE 1-Belarus arrests suspected ringleader of global cyber crime network

(Adds details on arrest of Andromeda hacker in Belarus;
background)

By Toby Sterling and Eric Auchard

AMSTERDAM/LONDON, Dec 5 (Reuters) – One of Eastern Europe’s
most prolific cyber criminals has been arrested in a joint
operation involving Belarus, Germany and the United States that
aimed to dismantle a vast computer network used to carry out
financial scams, officials said on Tuesday.

National police in Belarus, working with the U.S. Federal
Bureau of Investigation, said they had arrested an unnamed
citizen of Belarus on suspicion of selling malicious software
who they described as administrator of the Andromeda network.

Andromeda can be described as a “botnet”, or group of
computers that have been infected with viruses to allow hackers
to control them remotely without the knowledge of their owners,
enabling them to install crime tools to mount further attacks.

The arrested individual is suspected of being a ringleader
of the criminal network surrounding Andromeda, a collection ofRead more at: http://www.businessinsider.com/r-update-1-belarus-arrests-suspected-ringleader-of-global-cyber-crime-network-2017-12

Belarus arrests suspected ringleader of global cyber crime network

AMSTERDAM/LONDON (Reuters) – One of Eastern Europe’s most prolific cyber criminals has been arrested in a joint operation involving Belarus, Germany and the United States that aimed to dismantle a vast computer network used to carry out financial scams, officials said on Tuesday.

National police in Belarus, working with the U.S. Federal Bureau of Investigation, said they had arrested an unnamed citizen of Belarus on suspicion of selling malicious software who they described as administrator of the Andromeda network.

Andromeda can be described as a “botnet”, or group of computers that have been infected with viruses to allow hackers to control them remotely without the knowledge of their owners, enabling them to install crime tools to mount further attacks.

The arrested individual is suspected of being a ringleader of the criminal network surrounding Andromeda, a collection of online tools for other criminals to mount malware or phishing attacks and

Read more at: https://www.reuters.com/article/us-cybercrime-botnet-belarus/belarus-arrests-suspected-ringleader-of-global-cyber-crime-network-idUSKBN1DZ1VY

Global law enforcement operation decimates giant Andromeda botnet

Global law enforcement operation decimates giant Andromeda botnet

An international contingent of law-enforcement agencies on Friday dismantled the massive Andromeda malware botnet, sinkholing around 1,500 malicious domains and arresting a suspect in Belarus.

The 29 November operation resulted in the identification and capture of roughly two million unique victim IP addresses in 223 countries, according to a press release from Europol, whose European Cyber-crime Centre (EC3) helped execute the takedown alongside the FBI, Germany’s Luneburg Central Criminal Investigation Inspectorate, the Joint Cyber-crime Action Task Force (J-CAT) and Eurojust.

The agencies also received substantial assistance from various private-sector partners, including Microsoft Corporation and ESET, which provided key research into Andromeda.

Developed in September 2011, Andromeda, aka Gamarue or Wauchos, is known for stealing credentials from victims as well as downloading and installing up to 80 different secondary malware programs onto users’ systems, including spam bots. Over the last half-year, it has been detected or blocked on an average of more

Read more at: https://www.scmagazineuk.com/news/global-law-enforcement-operation-decimates-giant-andromeda-botnet/article/711800/

Global ransomware sales rise more than 2500%, Carbon Black study finds – EU

The value of dark web ransomware sales rose 2,502% to $6.24 million (€5.27 million) over the past 12 months, compared to just over $249,000 in the previous year, according to a new report from US cyber security firm Carbon Black.

The company said it had identified over 6,300 locations where hackers had advertised ransomware services over the course of the past year, and over 45,000 product listings.

Prices for DIY ransomware software packages range from just $0.50 to as much as $3,000, but have a median price of $10.50, Carbon Black’s study reveals.

In some cases, ransomware vendors are raking in more than $100,000 a year by selling software designed to help hackers encrypt victims’ computer files and demand a payment in return for unlocking them.

Carbon Black warns that ransomware hackers are becoming more sophisticated, and are now leveraging cloud infrastructures to gain scale and speed.

The study found that the

Read more at: https://eu-ocs.com/global-ransomware-sales-rise-2500-carbon-black-study-finds/

Global ransomware sales rise more than 2,500%, Carbon Black … – EU

The value of dark web ransomware sales rose 2,502% to $6.24 million (€5.27 million) over the past 12 months, compared to just over $249,000 in the previous year, according to a new report from US cyber security firm Carbon Black.

The company said it had identified over 6,300 locations where hackers had advertised ransomware services over the course of the past year, and over 45,000 product listings.

Prices for DIY ransomware software packages range from just $0.50 to as much as $3,000, but have a median price of $10.50, Carbon Black’s study reveals.

In some cases, ransomware vendors are raking in more than $100,000 a year by selling software designed to help hackers encrypt victims’ computer files and demand a payment in return for unlocking them.

Carbon Black warns that ransomware hackers are becoming more sophisticated, and are now leveraging cloud infrastructures to gain scale and speed.

The study found that the

Read more at: https://eu-ocs.com/global-ransomware-sales-rise-2500-carbon-black-study-finds/

The global impact of huge cyber security events

The past 12 months have seen a number of unprecedented cyber-attacks in terms of their global scale, impact and rate of spread. Already causing widespread public concern, these attacks only represent a small sample of the wide array of cyber threats we now face.

Europol’s Executive Director Rob Wainwright: “The global impact of huge cyber security events such as the WannaCry ransomware epidemic has taken the threat from cybercrime to another level. Banks and other major businesses are now targeted on a scale not seen before and, while Europol and its partners in policing and Industry have enjoyed success in disrupting major criminal syndicates operating online, the collective response is still not good enough. In particular people and companies everywhere must do more to better protect themselves.”

Important developments in several areas of cybercrime

The 2017 Internet Organised Crime Threat Assessment presents an in-depth assessment of the key developments, changes and emerging

Read more at: https://www.helpnetsecurity.com/2017/10/02/impact-huge-cyber-security-events/

Average Cyber-Crime Cost to Global Businesses Rises to $11.7M: Report

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Average Cyber-Crime Cost to Global Businesses Rises to $11.7M: Report

The average cost of cyber-crime incurred by businesses around the world has grown in 2017, according to a report from Accenture and the Ponemon Institute.  The 56-page 2017 Cost of Cyber Crime Study report, released on Sept. 26, is based on a survey of 2,182 security and IT professionals

Read more at: http://www.eweek.com/security/average-cyber-crime-cost-to-global-businesses-rises-to-11.7m-report