Tag Archives: millions

GCC countries unwitting host to millions of bots

The GCC made up 11.4% of the Middle East’s total bot population, according to a new study by Norton that examined which countries and cities unwittingly played host to the greatest number of bot infections.

Riyadh, Kingdom of Saudi Arabia, ranked as the number one city in the GCC for the highest source of bot infections with 43.1% of bots in the GCC. The Saudi capital ranked as the fourth most afflicted city in the Middle East. Dubai ranked second most bot infected city in the GCC with 24.7% and 6th in the Middle East while Kuwait City ranked third in the GCC and 10th in the Middle East with 13.2%.

A year on after Mirai, the first major worldwide botnet attack, the global botnet has grown and 6.7 million more bots joined the global botnet in 2016.

 “The GCC is widely considered a region that

Read more at: http://www.itp.net/615594-gcc-countries-unwitting-host-to-millions-of-bots

Millions caught in South Africa’s ‘worst data breach’

Photograph of local website running cyber breach article

Image caption

South Africa has been hit by what is described as the worst data breach in history

Authorities in South Africa are investigating a data breach which has seen the personal details of more than 30 million citizens leaked on the internet – placing them

Read more at: http://www.bbc.com/news/world-africa-41696703

Millions caught in South Africa’s ‘worst data breach’ – BBC News

Photograph of local website running cyber breach article

Image caption

South Africa has been hit by what is described as the worst data breach in history

Authorities in South Africa are investigating a data breach which has seen the personal details of more than 30 million citizens leaked on the internet – placing them

Read more at: http://www.bbc.com/news/world-africa-41696703

Millions of Instagram users may have been affected by latest hack attack, social media giant warns

A group of hackers targeting A-list celebrities’ Instagram accounts may have accessed millions of users’ private data, the social media site has warned.

Singer Selena Gomez appeared to be one of the stars whose accounts were compromised during a cyber attack on the picture-sharing app last week.

Three naked photos of her ex-boyfriend, Canadian star Justin Bieber, were posted to her 125 million followers before her profile was shut down. 

Following the hacking spree, Instagram said it believed “one or more” individuals had gained access to “a number of” stars’ phone numbers and email addresses by exploiting a bug in the app’s software.

The company quickly fixed the bug – but not before hackers began advertising users’ private information in exchange for cryptocurrencies on the dark web.

A suspected cyber criminal claims to have accessed six million Instagram accounts and says that “Facebook/Instagram has not yet fully understood the full scope

Read more at: http://www.independent.co.uk/life-style/gadgets-and-tech/instagram-cyber-attack-hack-celebrities-selena-gomez-justine-bieber-millions-ordinary-social-media-a7926211.html

Cryptocurrency Cyber Crime Has Cost Victims Millions This Year

Here’s another reason to be leery of the initial coin offerings being done at a staggering pace in the cryptocurrency world: there’s a one-in-10 chance you’ll end up a victim of theft.

Phishing scams have helped push up criminal losses to about $225 million this year, according to Chainalysis, a New York-based firm that analyzes transactions and provides anti-money laundering software. In such scams, investors are tricked into sending money to internet addresses pretending to be funding sites for digital token offerings related to the ethereum blockchain technology.

More than 30,000 people have fallen prey to ethereum-related cyber crime, losing an average of $7,500 each, with ICOs amassing about $1.6 billion in proceeds this year, Chainalysis estimates.

“It’s a huge amount of money to generate in such a short period of time,” said Jonathan Levin, co-founder of Chainalysis, whose

Read more at: https://www.bloomberg.com/news/articles/2017-08-24/cyber-criminals-extracting-a-heavy-toll-from-ethereum-advocates

Cryptocurrency Cyber Crime Has Cost Victims Millions This Year …

Here’s another reason to be leery of the initial coin offerings being done at a staggering pace in the cryptocurrency world: there’s a one-in-10 chance you’ll end up a victim of theft.

Phishing scams have helped push up criminal losses to about $225 million this year, according to Chainalysis, a New York-based firm that analyzes transactions and provides anti-money laundering software. In such scams, investors are tricked into sending money to internet addresses pretending to be funding sites for digital token offerings related to the ethereum blockchain technology.

More than 30,000 people have fallen prey to ethereum-related cyber crime, losing an average of $7,500 each, with ICOs amassing about $1.6 billion in proceeds this year, Chainalysis estimates.

“It’s a huge amount of money to generate in such a short period of time,” said Jonathan Levin, co-founder of Chainalysis, whose

Read more at: https://www.bloomberg.com/news/articles/2017-08-24/cyber-criminals-extracting-a-heavy-toll-from-ethereum-advocates

Cyber criminals are taking millions from Kentuckians, FBI says

The financial loss from cyber crimes in Kentucky was $9.3 million in 2016, an increase of 53 percent from the year before, according to a recent FBI report.

Kentuckians lost $6.1 million to crimes carried out by computers on the Internet in 2015.

“With each passing day, cyber intrusions are becoming more sophisticated, dangerous and common,” David Habich, spokesman for the FBI Louisville Field Office, said in an email.

Kentucky ranked 27th among the 50 states, the District of Columbia and U.S. territories in internet crime losses. The biggest losers were California, with losses of more than $255 million, and New York, with $106 million.

Put in context, Kentucky’s $9 million reported loss isn’t that large. It’s less than the $10 million general fund budget of Versailles, the Woodford County seat of 9,000 residents.

But the actual amount might be much more, because the FBI estimates that only 15 percent of the nation’s cyber crime

Read more at: http://www.kentucky.com/news/local/crime/article161415768.html

US Jails Man For Laundering Millions In Hacking Scheme

A Pakistani citizen was sentenced Wednesday to four years in prison for laundering US$ 19.6 million as part of an international computer hacking and telecommunications fraud scheme, the US Department of Justice announced.

Landline (Photo: Garvid, CC BY 3.0)Muhammad Sohail Qasmani, 49, laundered proceeds from a hacking operation that targeted the unused telephone extensions of numerous businesses and organizations in the US and reprogrammed them to make unlimited calls to premium phone numbers such as adult entertainment, and psychic hotlines, which were ultimately paid for by the companies.

The massive fraud scheme is responsible for total losses exceeding US$ 70 million. It was allegedly led by Noor Aziz from Karachi, Pakistan who is on the FBI Cyber’s Most Wanted List.

Qasmani, who had operated a money laundering and smuggling business in Thailand, agreed to launder proceeds of the scheme for Aziz in 2008. He funneled the illegal money into multiple

Read more at: https://www.occrp.org/en/daily/6652-us-jails-man-for-laundering-millions-in-hacking-scheme

US Jails Man For Laundering Millions In Hacking Scheme – occrp

A Pakistani citizen was sentenced Wednesday to four years in prison for laundering US$ 19.6 million as part of an international computer hacking and telecommunications fraud scheme, the US Department of Justice announced.

Landline (Photo: Garvid, CC BY 3.0)Muhammad Sohail Qasmani, 49, laundered proceeds from a hacking operation that targeted the unused telephone extensions of numerous businesses and organizations in the US and reprogrammed them to make unlimited calls to premium phone numbers such as adult entertainment, and psychic hotlines, which were ultimately paid for by the companies.

The massive fraud scheme is responsible for total losses exceeding US$ 70 million. It was allegedly led by Noor Aziz from Karachi, Pakistan who is on the FBI Cyber’s Most Wanted List.

Qasmani, who had operated a money laundering and smuggling business in Thailand, agreed to launder proceeds of the scheme for Aziz in 2008. He funneled the illegal money into multiple

Read more at: https://www.occrp.org/en/daily/6652-us-jails-man-for-laundering-millions-in-hacking-scheme

Online love scams costing Malaysians millions

KUANTAN: Online love scams have resulted in losses of millions by targeting individuals who easily “fall in love” with online predators.

Pahang Women, Family Development, Multimedia and Communication committee chairman Datuk Shahaniza Shamsuddin said women were the usual victims of the scam.

She said that online predators would change their profile pictures to a person who is handsome and would then prey on women who easily fall for them.

“Once the women have fallen for them, the predators then ask the women to bank in money to their accounts so that they can come here to see them,” said Shahaniza during the state assembly meeting at Wisma Sri Pahang here on Wednesday.

She added that phishing was another popular scam used by predators to get people to reveal personal information and resulted in loss of money.

From 2016 to Feb 2017, there were more than 1,400 phishing websites that have been blocked by the Malaysian

Read more at: http://www.thestar.com.my/news/nation/2017/04/19/online-love-scams-costing-malaysians-millions/