CSO Magazine

MARCH 9, 2023

The cybercrime underground has long functioned as an open market where sellers of products and services are paired with buyers and contractors. One of the most valuable commodities on this market are stolen credentials since they can provide attackers with access into networks, databases, and other assets owned by organizations.

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Cybercrime Marketing Data breaches Accountability 121

CSO Magazine

NOVEMBER 12, 2021

The risk of cybercrime is not spread equally across the globe. Cyberthreats differ widely, with internet users in some countries at much higher risk than those in nations that offer more security due to strong cybercrime legislation and widely implemented cybersecurity programs, according to fraud-detection software company SEON.

Cybercrime 129

Cybercrime Risk Internet Internet 129

CSO Magazine

JULY 8, 2021

The Evolution of Cybercrime as a Service You’ve likely heard of software as a service (SaaS), infrastructure as a service (IaaS), and numerous other “as-a-service” platforms that help support the modern business world. Cybercrime as a service follows the same path as most as-a-service business offerings.

Cybercrime 135

Cybercrime Software 135

CSO Magazine

MARCH 24, 2022

In the world of cybercrime, there is not always much good news it seems. Cybercrime is big business with a vast network of players. However, recently there have been some victories against ransomware criminals. The Ransomware-as-a-Service (RaaS) model is part of it.

Cybercrime 107

Cybercrime Ransomware 107

CSO Magazine

JANUARY 31, 2023

Cybercrime is a growing scourge that transcends borders, spreading across the boundaries of virtually all the world's nearly 200 nation-states. Now, the United Nations has a major initiative to develop a new and more inclusive approach to addressing cybercrime that would replace a two-decades-old international cybercrime convention.

Cybercrime 92

Cybercrime Cryptocurrency Ransomware Cybersecurity 92

CSO Magazine

OCTOBER 4, 2022

By Steve Ginty, Principal Program Manager, Microsoft Defender Threat Intelligence (MDTI) Cybercrime is big and growing bigger. So much so that it can often be difficult to fully understand the impact online attacks have driven over the past decades.

Cybercrime 111

Cybercrime 111

CSO Magazine

JANUARY 10, 2023

Today, cybercrime-as-a-service is a lucrative and growing business model among criminals. Today, nearly every aspect of the cybercrime toolkit — from initial infection to ways to avoid detection — is available for purchase on the dark web, say researchers. Ransomware is still a massive threat to organizations.

Cybercrime 88

Cybercrime Ransomware Threat Reports Malware 88

CSO Magazine

OCTOBER 7, 2021

This historic increase in cybercrime resulted in everything from financial fraud involving CARES Act stimulus funds and Paycheck Protection Program (PPP) loans to a spike in phishing schemes and bot traffic. Get the latest from CSO by signing up for our newsletters. ] Learn the The 5 types of cyberattack you're most likely to face. |

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CSO Cybersecurity Cybercrime Phishing 138

CSO Magazine

FEBRUARY 9, 2023

A UK/US campaign to tackle international cybercrime has seen Seven Russian cybercriminals linked to a notorious ransomware group exposed and sanctioned. The sanctions were announced today by the UK’s Foreign, Commonwealth and Development Office (FCDO) alongside the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).

Cybercrime 78

Cybercrime Ransomware Malware 78

CSO Magazine

AUGUST 23, 2022

and UK residents conducted by Censuswide and commissioned by identity verification vendor Onfido released today said that popular culture – specifically, true-crime shows and movies – are having an outsized effect on the public’s understanding of cybercrime. A survey of U.S.

Cybercrime 78

Cybercrime Education 78

CSO Magazine

SEPTEMBER 19, 2022

In this era of cybersecurity, when nation-state digital attacks and cybercrime quickly cut across country borders and create global crises, international cooperation has become an urgent priority.

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Cybercrime Cyber Risk Cyber threats Government 81

CSO Magazine

MARCH 23, 2022

A new report released by the FBI's Internet Crime Complaint Center (IC3) shows that financial losses due to suspected cybercrime continued to rise sharply over the course of 2021, to a total of $6.9 billion in that year alone, with 847,000 complaints lodged by victims. billion, on 301,580 complaints.

Cybercrime 83

Cybercrime Internet Internet Phishing 83

CSO Magazine

JULY 22, 2022

An underground economy that mirrors its legitimate ecommerce counterpart is supercharging online criminal behavior, according to a report released Thursday by HP Wolf Security in collaboration with Forensic Pathways.

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Cybercrime eCommerce Advertising Malware 130

CSO Magazine

JANUARY 11, 2022

Researchers warn of a sophisticated cybercriminal group that has been stealing millions of dollars from finance and commerce organizations over the past year by breaking into networks via legacy Java applications and then laying low to learn internal financial processes. The group, which researchers from incident response firm ??Sygnia

Cybercrime 122

Cybercrime Banking 122

CSO Magazine

FEBRUARY 16, 2023

Looking at history, this does not bode well for levels of cybercrime. However, there is some evidence that macroeconomic conditions can impact cybercrime. In times of economic downturn, for example, cybercrime may increase as people turn to illegal activities to make money. To read this article in full, please click here

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Identity Theft Cybercrime Technology 115

CSO Magazine

JUNE 8, 2023

As cyber risks intensify and the threat landscape grows, there's no better time to reassess your organization's security posture. Having the right people, processes, and technologies in place is a vital component of any effective risk management strategy, including employees who play a crucial role in helping to secure the business.

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Cybercrime Cyber Risk Risk Technology 75

CSO Magazine

FEBRUARY 16, 2023

The evolution of cybercrime is weighing heavily on digital forensics and incident response (DFIR) teams, leading to significant burnout and potential regulatory risk. That’s according to the 2023 State of Enterprise DFIR survey by Magnet Forensics , a developer of digital investigation solutions.

Risk 111

Risk Telecommunications Cybercrime Manufacturing 111

CSO Magazine

MAY 30, 2023

Since then, he has defused global viruses, searched for the first virus authors in a Pakistani conflict zone, and traveled the globe advising law enforcement and governments on cybercrime. He has also recently published a book, If It’s Smart, It’s Vulnerable , where he explains how the growth of internet connectivity has fueled cyber threats.

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Malware Cyber threats Cybercrime Internet 127

CSO Magazine

MAY 30, 2022

Costa Rica has been struck not by an earthquake or a bomb or a strike, but by a new national crisis: cybercrime. Nation-states, for-profit cybercrime syndicates, political activists, and determined pranksters trawl the web every hour of every day, looking for their next victim.

Cybercrime 128

Cybercrime Ransomware Government Internet 128

CSO Magazine

MAY 22, 2023

BEC attacks stand apart in the cybercrime industry for their emphasis on social engineering and the art of deception,” said Vasu Jakkal, corporate vice president of security, in a blog post. Successful BEC attacks cost organizations hundreds of millions of dollars annually.”

Social Engineering 126

Social Engineering Cybercrime Engineering Cybersecurity 126

CSO Magazine

MAY 19, 2023

Cybercrime gang Lemon Group has managed to get malware known as Guerrilla preinstalled on about 8.9 million Android-based smartphones, watches, TVs, and TV boxes globally, according to Trend Micro.

Malware 119

Malware Cybercrime Mobile Advertising 119

CSO Magazine

MARCH 22, 2022

Cybercrime can be a very lucrative career choice—if you don’t mind participating in illegal activity or the possibility of getting arrested. Unfortunately with the growth in Ransomware as a Service (RaaS) and the breadth of the cybercrime ecosystem , the challenge is not going away anytime soon. There is no question about it.

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Cyber Insurance Insurance Cybercrime Ransomware 83

CSO Magazine

MARCH 1, 2022

“It's worth noting that the situation is really quite unprecedented,” Brett Callow, threat analyst at Emsisoft, tells CSO. “I We obviously have multiple activist groups operating on behalf of both sides, as well as certain cybercrime groups taking sides, as well as intelligence services invariably doing the things they normally do.”

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DDOS Media Hacking CSO 115

CSO Magazine

AUGUST 31, 2021

The unwanted attention attracted by ransomware attacks recently have caused several of the top cybercrime forums to ban ransomware discussions and transactions on their platforms earlier this year. The truth is that ransomware is the life blood of the cybercrime economy and it will take extraordinary measures to put an end to it.

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Ransomware Cybercrime 131

CSO Magazine

NOVEMBER 23, 2021

And more cybercrime. The unfortunate truth is that the holidays have always been big for cybercrime, and this year is most definitely not an exception. More sales, more traffic, bigger crowds, more support calls, longer hours, increased foot traffic, bigger promotions, extra communications.

Retail 104

Retail Cybercrime Scams 104

CSO Magazine

FEBRUARY 1, 2023

This year’s report focuses on five key topics: cybercrime, nation-state threats, devices and infrastructure, cyber-influence operations, and cyber resiliency. To illuminate the evolving digital threat landscape and help the cyber community understand today’s most pressing threats, we released our annual Microsoft Digital Defense Report.

Cybercrime 106

Cybercrime 106

CSO Magazine

JANUARY 11, 2023

The Scattered Spider cybercrime group has recently been observed attempting to deploy a malicious kernel driver using a tactic called bring your own vulnerable driver (BYOVD) — a warning to security professionals that the technique, which exploits longstanding deficiencies in Windows kernel protections, is still being employed by cybercriminals, according (..)

Cybercrime 124

Cybercrime Cybersecurity 124

CSO Magazine

APRIL 18, 2023

The Aurora infostealer is written in Go and is operated as a malware-as-a-service platform that's advertised on Russian-language cybercrime forums. The loader uses anti-virtual-machine (VM) and unusual compilation techniques that seem to make it quite successful at avoiding detection by security solutions.

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Malware Cryptocurrency Cybercrime Advertising 120

CSO Magazine

DECEMBER 13, 2022

Well-staffed security teams using the right technologies can undoubtedly go a long way in protecting organizations against cybercrime. Threat adversaries inevitably have more opportunities to carry out targeted attacks as more people are online shopping and checking emails for coupons that could actually be phishing attacks.

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Security Awareness Cybercrime Phishing Technology 114

CSO Magazine

JANUARY 20, 2022

“Emotet has been one of the most professional and long-lasting cybercrime services out there,” according to Europol. It was thought the malware, first discovered in 2014, had been vanquished by law enforcement agencies from eight countries in January 2021. However, it reportedly resurfaced this past November.

Financial Services 117

Financial Services Malware Cybercrime 117

CSO Magazine

JULY 5, 2021

Ransomware evolved from a menial cybercrime issue to a crisis that threatens national security. Incidents such as the Colonial Pipeline attack show that this type of criminal activity can impact not just specific organizations that lack good security practices, but every citizen.

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Ransomware Healthcare Cybercrime 136

CSO Magazine

APRIL 20, 2022

This has happened as the cybercrime cartels have evolved beyond wire transfer frauds to target market strategies, take over brokerage accounts, and island-hop into banks, according to the report.

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Ransomware Banking CISO Cybercrime 131

CSO Magazine

JUNE 21, 2022

A security expert who wanted to remain anonymous to protect his family says that "several people focusing on cybercrime have received death threats" in the past few years, and some of them even decided to fly under the radar or move to do other things.

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Cybersecurity InfoSec Cybercrime Risk 137

CSO Magazine

DECEMBER 23, 2021

Our world is getting increasingly digitized, and cybercrime continues to break new records. As cyber risks intensify, organizations are beefing up defenses and adding more outside consultants and resources to their teams.

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Cybersecurity Cyber Risk Cybercrime Risk 129

CSO Magazine

MAY 18, 2021

Ransomware has taken center stage in the cybercrime ecosystem, causing over $1 billion in losses last year around the world and earning criminals hundreds of millions of dollars in profits. At the same time, distributed denial-of-service (DDoS) attacks, which have also traditionally been used to extort businesses, returned in force.

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DDOS Cybercrime Ransomware 133

CSO Magazine

JANUARY 19, 2022

INTERPOL and the Nigerian Federal Police today announced the arrests of 11 business email compromise (BEC) actors in Nigeria as part of an international operation to disrupt and tackle sophisticated BEC cybercrime.

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Scams Cybercrime 121

CSO Magazine

MARCH 10, 2023

These, in turn, have brought with them an increase in new threats, risks, and cybercrime. Digital transformation has brought significant adoption of new technology and business models, including cloud solutions, e-commerce platforms, smart devices, and a significantly more distributed workforce.

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Digital transformation Cybersecurity Cybercrime Risk 90