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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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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 Is Getting Ugly

Schneier on Security

Modern ransomware has two dimensions: pay to get your data back, and pay not to have your data dumped on the Internet. The Colonial Pipeline is another current high-profile ransomware victim. Ransomware has become the most profitable cybercrime business model, and until we solve those two problems, that’s not going to change.

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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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BlackMatter ransomware gang hit Technology giant Olympus

Security Affairs

Technology giant Olympus announced it was the victim of a ransomware attack and is currently investigating the extent of the incident. Olympus issued a statement to announce that its European, Middle East and Africa computer network was hit by a ransomware attack. Follow me on Twitter: @securityaffairs and Facebook.

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Microsoft seized the US infrastructure of the Storm-1152 cybercrime group

Security Affairs

Microsoft’s Digital Crimes Unit seized multiple domains used by cybercrime group Storm-1152 to sell fraudulent Outlook accounts. Microsoft’s Digital Crimes Unit seized multiple domains used by a cybercrime group, tracked as Storm-1152, to sell fraudulent accounts. ” reads the announcement published by Microsoft.

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Top-Ranked New Jersey School District Cancels Final Exams Following Ransomware Cyberattack

Joseph Steinberg

The Tenafly, New Jersey, Public School District has canceled final exams for its high school students after a ransomware cyberattack crippled the district’s computer infrastructure. The ransomware attack on Tenafly’s school system is a reminder of a sad, ironic, reality.