Tag Archives: report

Uber Hacker was 20-Year-Old Florida Man: Report

A 20-year-old Florida man who lives with his mother was responsible for a breach of 57 million Uber users’ details last year, according to a new report.

Three people familiar with the incident told Reuters that the controversial ride hailing service made the $100,000 payment to hush up the breach through its bug bounty program, run by HackerOne.

However, that sum is at least 10-times greater than the usual payments that would be made through the program.

Uber is said to have made the payment in order to confirm the identity of the hacker — which is still unknown — and remarkably have him sign a non-disclosure agreement (NDA) to prevent future raids.

The hacker’s PC was apparently also analyzed by Uber to confirm all the data had been deleted. However, there will still be question marks over the validity of an NDA struck with a cyber-criminal, and whether or not the individual

Read more at: https://www.infosecurity-magazine.com/news/uber-hacker-was-20yearold-florida/

Cyber Criminals Are Part Of A New Mafia: Report

  • by Ray Schultz

    2 hours ago

Cyberattacks have grown in “scale, complexity and malice,” thanks to the group of malefactors called the New Mafia, according to a study by Malwarebytes. 

Ransomeware is
the tool of choice, says the study titled “The New Mafia: Gangs and

Read more at: https://www.mediapost.com/publications/article/311275/cyber-criminals-are-part-of-a-new-mafia-report.html

Cyber Criminals Are Part Of A New Mafia: Report 12/07/2017

  • by Ray Schultz

    4 hours ago

Cyberattacks have grown in “scale, complexity and malice,” thanks to the group of malefactors called the New Mafia, according to a study by Malwarebytes. 

Ransomeware is
the tool of choice, says the study titled “The New Mafia: Gangs and

Read more at: https://www.mediapost.com/publications/article/311275/cyber-criminals-are-part-of-a-new-mafia-report.html

Over 25,000 ransomware infected Windows daily in Q3: Report …

Over 25,000 ransomware infections were reported daily on Windows in the third quarter this year while malware detection count stood at over 199 million — a drop of 11 per cent in comparison to the second quarter, a new report has said.

The “Quarterly Threat Report” from IT security solutions provider Quick Heal Security Labs detected over two million Android infections — a rise of 40 per cent from the previous quarter.

The researchers warned that newer and advanced variants of “Locky” ransomware families are expected to rise with attackers increasingly using ransomware-as-a-service due to its user-friendliness and high return on investments.

“Our threat reports are an attempt to provide insights on the threat landscape with the objective of facilitating a safe and secure digital journey of our customers,” Sanjay Katkar, Joint Managing Director and Chief Technology Officer, Quick Heal, said on Thursday.

In the third quarter, malware detections continued to

Read more at: http://www.business-standard.com/article/news-ians/over-25-000-ransomware-infected-windows-daily-in-q3-report-117120700637_1.html

Ransomware to remain cyber crime mainstay in ’18: Report

Ransomware to remain cyber crime mainstay in ’18: Report



THE trend of known vulnerabilities being used in major cyber attacks will continue in 2018 with the ransomware business model being a cyber crime mainstay, a new report said on Wednesday.

Cybersecurity solutions leader Trend Micro predicted an increase in Internet of Things (IoT) vulnerabilities as more devices are manufactured without security regulations or industry standards. Overall, the increased connectivity and enlarged attack surface present new opportunities for cyber criminals to leverage known issues to penetrate a corporate network, the company said in a statement.

“The ransomware attacks will manifest itself in a more ‘specialised’ and ‘targeted manner’, unlike the earlier approach. With respect to India, in 2018, we will experience more number of attacks targeted at the ATMs, especially malware attacks.

“We also expect to see a rise in security incidents across Public Cloud platforms,” said Nilesh Jain, Country Manager,

Read more at: http://thehitavada.com/Encyc/2017/12/7/Ransomware-to-remain-cyber-crime-mainstay-in--18--Report.aspx

What the National Crime Records Bureau report does not tell us about cyber crime in India

In July 2015, an Azerbaijani woman emailed the Delhi police complaining an India-based man was blackmailing her and threatening to upload her morphed pictures to pornographic websites. In two months, the man was traced in Haryana’s Kurukshetra town and briefly detained. But the incident did not make it to the Crime in India report for that year. That is because the complaint did not result in a First Information Report, and the annual crime report, published by the National Crime Records Bureau, counts only FIRs and not police complaints.

The Bureau is now seeking to rectify this by collecting data directly from the Crime and Criminal Tracking Network System, the electronic record keeper used by police in all states and Union Territories, and streamlining the process to take into account police complaints, too. Until now, it would send proformas for police departments to fill in.

A senior National Crime

Read more at: https://scroll.in/article/860254/what-the-national-crime-records-bureau-report-does-not-tell-us-about-cyber-crime-in-india

Companies suffer an average of 8 DDoS attack attempts per day, says report

Organizations experienced an average of 237 DDoS attack attempts per month during Q3 2017 – equivalent to 8 DDoS attack attempts every day – as hackers strive to take their organisations offline or steal sensitive data, according to the latest DDoS Trends and Analysis report from Corero Network Security.

The data, which is based on DDoS attack attempts against Corero customers, represents a 35% increase in monthly attack attempts compared to the previous quarter (Q2 2017), and a 91% increase in monthly attack attempts compared to Q1 2017.

Corero attributes this increase in frequency to the growing availability of DDoS-for-hire services, and the proliferation of unsecured Internet of Things (IoT) devices. For example, the ‘Reaper’ botnet is known to have already infected thousands of devices, and is believed to be particularly dangerous due to its ability to utilize known security flaws in the

Read more at: https://www.networksasia.net/article/companies-suffer-average-8-ddos-attack-attempts-day-says-report.1511695265

India registered over 100 per cent rise in cyber crime during 2016-17: report

Srinagar: India registered over 100 per cent increase in cyber crime during 2016-17, a two-day conference on cyber laws and cyber security being held in Srinagar was told on Saturday

As per the statistics made available to the participants of the conference, there has been a significant rise in attacks on government and private sector, particularly financial sector.

“In government sector, there has been 136 percent increase in cyber crimes while the private sector has seen 119 percent in 2016-17,” said Prof Yasir Latif Handoo, assistant professor, Kashmir Law College. He added that there is need for International Court on cyber Crime on the lines of International Court of Justice to deal with such crimes.

The conference has been organized by Anjuman-e-Vukla ( organization of lawyers) and is being attended by several prominent lawyers from across the country, academia, students from different colleges and universities, as well as officials of

Read more at: http://www.deccanchronicle.com/nation/current-affairs/251117/india-registered-over-100-per-cent-rise-in-cyber-crime-during-2016-17-report.html

Do you know how to report a cyber crime? Here’s a guide for victims

By NS Nappinai

Law does provide a remedy against most of the prevalent cyber crimes. ‘Cyber crime’ is not a defined term but a catch-all phrase attributable to any offence involving an internet device. Most of the cyber crimes are listed under the Information Technology Act (IT Act), 2000, which was amended in 2008.

However, this clarity vaporises with the realisation that IT Act is not the only enactment covering cyber crime. The Indian Penal Code (IPC) could also be called in to initiate prosecution against cyber crimes or to supplement the provisions of the IT Act. For instance, offences like hacking, data theft, virus attacks, denial of service attacks, illegal tampering with source codes including ransomware attacks could be prosecuted under S.66 r/w S.43 of the IT Act. Cases of forging a credit or debit

Read more at: https://economictimes.indiatimes.com/tech/internet/do-you-know-how-to-report-a-cyber-crime-heres-a-guide-for-victims/articleshow/61464084.cms

UK Government Report: Digital Currencies Pose a Threat in…Cybercrime

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A new U.K. government report has found that there is a threat posed by digital currencies in cybercrime.

The report, National Risk Assessment of Money Laundering and Terrorist Financing 2017, highlights the governments concerns about the role cryptocurrencies such as bitcoin play in cybercrime.

The report refers to a 2015 NRA, which assessed that the risk of digital currencies linked to money laundering and terrorist financing was low. It adds:

However, the link between digital currencies and cyber-enabled crime
means that this risk is likely to increase.

In 2015, the vulnerabilities identified largely focused on the cross-border exposure and anonymity of cryptocurrencies, in addition to a lack of a regulated environment. This latest report finds that use of digital currencies for money laundering activities appears to be relatively low. Evidence suggests that they are being used

Read more at: https://www.cryptocoinsnews.com/uk-government-report-digital-currencies-pose-a-threat-in-cybercrime/