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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 Evolving Technology of Cybercrime

Security Boulevard

The post The Evolving Technology of Cybercrime appeared first on Ericom Blog. The post The Evolving Technology of Cybercrime appeared first on Security Boulevard.

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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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Career Choice Tip: Cybercrime is Mostly Boring

Krebs on Security

But new research suggests that as cybercrime has become dominated by pay-for-service offerings, the vast majority of day-to-day activity needed to support these enterprises is in fact mind-numbingly boring and tedious, and that highlighting this reality may be a far more effective way combat cybercrime and steer offenders toward a better path.

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How Criminals Are Using Generative AI

Schneier on Security

There’s a new report on how criminals are using generative AI tools: Key Takeaways: Adoption rates of AI technologies among criminals lag behind the rates of their industry counterparts because of the evolving nature of cybercrime.

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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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The Cost of Cybercrime

Schneier on Security

Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. Several new cybercrimes are significant enough to mention, including business email compromise and crimes involving cryptocurrencies. and more on response.