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The Internet's Biggest-Ever Black Market Just Shut Down Amid a Telegram Purge

WIRED Threat Level

Following a WIRED inquiry, Telegram banned thousands of accounts used for crypto scam money laundering, including those of Haowang Guarantee, a black market that enabled over $27 billion in transactions.

Marketing 111
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The CrowdStrike Outage and Market-Driven Brittleness

Schneier on Security

Friday’s massive internet outage, caused by a mid-sized tech company called CrowdStrike, disrupted major airlines, hospitals, and banks. The catastrophe is yet another reminder of how brittle global internet infrastructure is. This brittleness is a result of market incentives. Compare the internet with ecological systems.

Marketing 356
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MasterCard DNS Error Went Unnoticed for Years

Krebs on Security

The payment card giant MasterCard just fixed a glaring error in its domain name server settings that could have allowed anyone to intercept or divert Internet traffic for the company by registering an unused domain name. Caturegli said the domains all resolve to Internet addresses at Microsoft. ” from Moscow.

DNS 362
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FBI Seizes Bot Shop ‘Genesis Market’ Amid Arrests Targeting Operators, Suppliers

Krebs on Security

Several domain names tied to Genesis Market , a bustling cybercrime store that sold access to passwords and other data stolen from millions of computers infected with malicious software, were seized by the Federal Bureau of Investigation (FBI) today. Genesis Market has introduced a number of cybercriminal innovations throughout its existence.

Marketing 363
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The Internet is Held Together With Spit & Baling Wire

Krebs on Security

A visualization of the Internet made using network routing data. Imagine being able to disconnect or redirect Internet traffic destined for some of the world’s biggest companies — just by spoofing an email. Image: Barrett Lyon, opte.org. Based in Monroe, La., Lumen Technologies Inc.

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Internet Backbone Giant Lumen Shuns.RU

Krebs on Security

Lumen Technologies , an American company that operates one of the largest Internet backbones and carries a significant percentage of the world’s Internet traffic, said today it will stop routing traffic for organizations based in Russia. ru) from the Internet. Monroe, La.

Internet 319
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Hi, robot: Half of all internet traffic now automated

Malwarebytes

If you sometimes feel that the internet isn’t the same vibrant place it used to be, you’re not alone. Bad bots comprised 37% of internet traffic in 2024, up from 32% the year prior. Good bots accounted for just 14% of the internet’s traffic. Bad bots do all kinds of unpleasant things.

Internet 143