Tag Archives: warns

FBI warns against romance fraud, sextortion

Recent editions of the Oregon FBI’s Tech Tuesday segment examined building a digital defense against romance fraud and sextortion.

For some people, looking for love online can bring a lifetime of roses and long walks on the beach. But for others, the seemingly perfect boyfriend ends up being perfectly horrible.

Romance fraud

Anyone can fall victim to this scammer, but most commonly he is going to target women over 40 who are widowed, divorced or disabled. It usually starts with an innocent-enough-sounding contact online. He’s likely been watching your social media accounts or gleaned info out of an online dating profile. Amazingly, he likes what you like — whether that’s books, music, sports or whatever. Over time, he starts communicating with you by email or text. He starts calling, and you have long conversations about your life, your future, and your love.

And then comes the kicker – he asks you for money. It

Read more at: https://www.thechronicleonline.com/news/fbi-warns-against-romance-fraud-sextortion/article_eaf5663c-76ea-11e7-a054-e77eb6a3fdd8.html

FBI warns against romance fraud, sextortion | News …

Recent editions of the Oregon FBI’s Tech Tuesday segment examined building a digital defense against romance fraud and sextortion.

For some people, looking for love online can bring a lifetime of roses and long walks on the beach. But for others, the seemingly perfect boyfriend or girlfriend ends up being perfectly horrible.

Romance fraud

Anyone can fall victim to this scammer, but most commonly he is going to target women over 40 who are widowed, divorced or disabled. It usually starts with an innocent-enough-sounding contact online. He’s likely been watching your social media accounts or gleaned info out of an online dating profile. Amazingly, he likes what you like — whether that’s books, music, sports or whatever. Over time, he starts communicating with you by email or text. He starts calling, and you have long conversations about your life, your future, and your love.

And then comes the kicker – he asks you for

Read more at: https://www.thechronicleonline.com/news/fbi-warns-against-romance-fraud-sextortion/article_eaf5663c-76ea-11e7-a054-e77eb6a3fdd8.html

‘The Darkening Web’ warns of destruction through cyber means

At the conclusion of his magisterial 2016 book “Cyberspace in Peace and War,” US Naval Academy cybersecurity expert Martin Libicki takes a scolding tone toward rag-tag hackers who liked to demonstrate “their intelligence if not their maturity” and told his readers that cybersecurity was a three-star problem that was “hyped into a four-star problem, a standing that it never deserved.”

It was an odd conclusion even in 2016 – after all, in 2015 there’d been an enormous coordinated cyber-attack on Ukraine’s power system, in which a quarter of a million Ukrainians were deprived of power in the middle of winter. And from the vantage point of 2017, after the world watched in appalled horror at the 2016 US presidential election and its aftermath – in which Russian state agencies hacked US election rolls and perhaps did much more – Libicki’s complacent conclusion seems downright naïve.

Updating the picture is Alexander Klimberg’s quietly

Read more at: https://www.csmonitor.com/Books/Book-Reviews/2017/0801/The-Darkening-Web-warns-of-destruction-through-cyber-means

Cyber-crime ‘undermining’ financial system warns Black Economy boss

by

Duncan Hughes

Biometric methods of identification must be urgently and widely adopted to prevent the banking and financial services sectors being “systemically undermined” by rampant identity theft, the former global chief of KPMG now heading the nation’s powerful Black Economy Taskforce has warned.

Banks and the private sector must unite with federal and state agencies to develop an incorruptible, biometric barrier – using retina scans, facial recognition and electronic finger print recognition – against sophisticated cyber-crooks

Read more at: http://www.afr.com/personal-finance/cybercrime-undermining-financial-system-warns-black-economy-boss-20170727-gxkf3x

Changing cybersecurity landscape creates global threat, warns Accenture

The global cybersecurity landscape is set to experience rapid change and an increase in major attacks, according to a mid-year report released by Accenture.

The Cyber Threatscape Report 2017 , produced by iDefense, part of Accenture Security, predicts a continuation and escalation of high profile attacks seen in the first half of the year.

It also outlines the changing ways that hackers, both individual and state-sponsored, are looking to disrupt the landscape. It highlights their changing motivations and the different types of devices that can be maliciously exploited.

For instance, the report warns that the rapid adoption of IoT devices has created a significant rise in IoT botnets, which are expected to continue to grow as more diverse devices join the global network.

Ransomware has now displaced banking Trojans as one of the most common forms of malware

The explosion in the use of IoT devices means that the methods for protecting them are struggling to

Read more at: https://thestack.com/security/2017/07/27/changes-to-cybersecurity-landscape-create-global-threat-warns-accenture/

IRS boss warns of growing identity theft through corporate tax information – Florida Times

The Internal Revenue Service is warning of new trends how taxpayers might get ripped off on tax filing schemes as IRS Commissioner John Koskinen is wrapping up a nationwide tax forum in Dallas, Texas.

Koskinen held a teleconference with reporters Tuesday where he detailed efforts by the IRS to curtail cyber crime such as identity theft that the tax collection agency has actually reduced in the past few years. But there are also new criminal trends that are starting to emerge that seek to pilfer tax returns from taxpayers in the work place.

Koskinen said after a steady proliferation of cyber crime through tax returns that peaked in 2015, there have been fewer fraudulent tax returns, fewer bogus tax refunds and a decrease in identity theft through tax return procedures.

The number of victims of identity theft has declined from 698,700 in 2015

Read more at: http://jacksonville.com/metro/business/2017-07-25/irs-boss-warns-growing-identity-theft-through-corporate-tax-information

Irish mum of teen who took her own life after cyber bullying warns of dangers of anonymous apps

A heartbroken Irish mum who lost her teenage daughter to suicide has warned of the impact apps that allow online bullies to remain anonymous can have.

Elle Trowbridge, 16, from Kilclogher Co Tyrone, took her life earlier this year – five years after she was first targeted by bullies online who encouraged her to self-harm.

Elle’s brave mum Mandy said the online abuse first began when her daughter was 11.

The devastated mum-of-three reckons the messages were sent on the app by someone who knew her daughter – but who was allowed to be anonymous due to the app.

Elle Trowbridge

She said on RTE Radio One’s Today with Sean O’Rourke: “The problem we had with these messages was that these people were allowed to remain anonymous.

“There was no proof of anything, no hard evidence of anything or anyone in particular. We weren’t able to find out who started this.

“When

Read more at: http://www.irishmirror.ie/lifestyle/family/irish-mum-teen-who-took-10867608

Irish mum of teen who took her own life after cyber bullying warns of …

A heartbroken Irish mum who lost her teenage daughter to suicide has warned of the impact apps that allow online bullies to remain anonymous can have.

Elle Trowbridge, 16, from Kilclogher Co Tyrone, took her life earlier this year – five years after she was first targeted by bullies online who encouraged her to self-harm.

Elle’s brave mum Mandy said the online abuse first began when her daughter was 11.

The devastated mum-of-three reckons the messages were sent on the app by someone who knew her daughter – but who was allowed to be anonymous due to the app.

Elle Trowbridge

She said on RTE Radio One’s Today with Sean O’Rourke: “The problem we had with these messages was that these people were allowed to remain anonymous.

“There was no proof of anything, no hard evidence of anything or anyone in particular. We weren’t able to find out who started this.

“When

Read more at: http://www.irishmirror.ie/lifestyle/family/irish-mum-teen-who-took-10867608

Ransomware as a service is a game changer, warns Sophos

Changing digital landscape brings threats

Another significant area of emerging cyber threats, said Schiappa, is linked to the constantly shifting IT landscape and the fact that younger, highly-transformative companies are moving to things such as DevOps and cloud-based applications.

“That’s a whole different security paradigm, because what you have with [Microsoft] Azure and AWS [Amazon Web Services] is an operating system that functions at cloud scale, and so you still have to build protections, workload protections, and build visibility into what is happening inside virtual containers,” said Schiappa.

The internet of things (IoT) is another important area of development in the digital world that is likely to have important implications for data security, according to Sophos.

“One of the biggest challenges is just identifying what you have in your IT environment and apply some management, network and other security polices to

Read more at: http://www.computerweekly.com/news/450423285/Ransomware-as-a-service-is-a-game-changer-warns-Sophos

Ex-GCHQ officer warns cyber crooks have same hacking tools as Western intelligence

Johnston Press Investigations: Cahal Milmo, Aasma Day, Don Mort, Chris Burn, Ruby Kitchen, Paul Lynch, Oli Poole, Gavin Ledwith, Ben Fishwick, Philip Bradfield and Deborah Punshon

The five-year advantage that Britain once enjoyed over organised criminals and state hackers in combatting cyber attacks has been wiped out by the disclosure of a powerful armoury of hacking tools developed by America’s spies, a former GCHQ officer has told i.

The so-called “Vault 7” theft of at least 16 different types of software developed by the National Security Agency (NSA), the body in charge of Washington’s covert eavesdropping operations, has already caused havoc after the authors of the “WannaCry” ransomware attack in May used the stolen code to vastly increase the potency of their weapon.

Offensive software

But a leading expert on defence against cyber crime has warned that such attacks “will only increase” as the offensive software – known as an ‘exploit’ –

Read more at: https://inews.co.uk/essentials/news/uk/cyber-crime-ex-gchq-officer-warns-bad-guys-capability-western-intelligence-leak/