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Three cybercrime technology trends to watch in 2023

CyberSecurity Insiders

Spy”-type cyberspace race as both criminals and defenders vie to gain the upper hand using new and emerging technologies. Every technology that enables our cyber teams to pinpoint and resolve threats and prevent attacks more quickly and accurately also benefits cybercriminals.

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The law enforcement operations targeting cybercrime in 2023

Bleeping Computer

In 2023, we saw numerous law enforcement operations targeting cybercrime operations, including cryptocurrency scams, phishing attacks, credential theft, malware development, and ransomware attacks. [.]

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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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Ransomware Gangs and the Name Game Distraction

Krebs on Security

It’s nice when ransomware gangs have their bitcoin stolen, malware servers shut down, or are otherwise forced to disband. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation. Indeed, some of the most destructive and costly ransomware groups are now in their third incarnation.

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Known ransomware attacks up 68% in 2023

Malwarebytes

Top of the list is “Big Game” ransomware, the most serious cyberthreat to businesses all around the world. The report reveals that, awash with money, the number of known Big Game attacks surged by 68% in 2023, thanks to Ransomware-as-a-Service groups like LockBit and ALPHV.

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Technology Will Fail: Why Managing Intrusions is Critical in the Fight Against Ransomware

CyberSecurity Insiders

According to cybercrime prosecution statistics , 2022 is expected to see a worldwide annual spend of nearly $134 billion to both prevent and also deal with the aftermath effects of cybercrime – and that figure is estimated to rise even higher. The alert from the U.S.,

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Microsoft Warns of Rise in Phishing Attacks via Microsoft Teams

SecureWorld News

Microsoft has recently brought attention to a highly-sophisticated and targeted phishing campaign conducted by a notorious threat actor group known as Storm-0324. Microsoft's Threat Intelligence team said: "In July 2023, Storm-0324 began using phishing lures sent over Teams with malicious links leading to a malicious SharePoint-hosted file.