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Cybercrime Statistics in 2019

Security Affairs

I’m preparing the slides for my next speech and I decided to create this post while searching for interesting cybercrime statistics in 2020. Cybercrime will cost as much as $6 trillion annually by 2021. The global expense for organizations to protect their systems from cybercrime attacks will continue to grow.

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Inside ‘Evil Corp,’ a $100M Cybercrime Menace

Krebs on Security

Justice Department this month offered a $5 million bounty for information leading to the arrest and conviction of a Russian man indicted for allegedly orchestrating a vast, international cybercrime network that called itself “ Evil Corp ” and stole roughly $100 million from businesses and consumers. LOW FRIENDS IN HIGH PLACES.

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TrickBot indictment reveals the scale and complexity of organized cybercrime

Malwarebytes

A Latvian woman has been charged for their alleged role in a transnational cybercrime organisation. As touched on above, the group hired experts in a variety of cybercrime fields. Big scams, big numbers. The wire transfers listed range from $44,900 to $230,400 across most of 2017 to 2018. What happened this week, you ask?

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Digital artists meet scam artists, as criminals pounce on NFT craze

SC Magazine

No wonder scam artists are taking notice and jumping on the bandwagon. Shashi Prakash, chief technology officer and chief scientist at Bolster, told SC Media that NFTs are especially ripe for scamming right now because of the very fact that some people are chasing this fad without really understanding how the process works.

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Spam Kingpin Peter Levashov Gets Time Served

Krebs on Security

.” Over the course of his 15-year cybercriminal career, Severa would emerge as a pivotal figure in the cybercrime underground , serving as the primary moderator of a spam community that spanned multiple top Russian cybercrime forums. Levashov was arrested in 2017 while in Barcelona, Spain with his family.

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Russian-speaking cybercrime evolution: What changed from 2016 to 2021

SecureList

Having been in the field for so long, we have witnessed some major changes in the cybercrime world’s modus operandi. This report shares our insights into the Russian-speaking cybercrime world and the changes in how it operates that have happened in the past five years. Conclusion: cybersecurity and cybercrime have matured.

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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges.