U.K. Chancellor Philip Hammond used the launch of Britain's new five-year National Cyber Security Strategy to trumpet the country's strike-back capabilities. But other parts of the strategy - including more automated defenses - hold much greater promise.
The ransomware-as-a-service operation known as Cerber is earning at least $200,000 per month via ransoms paid by victims, says Check Point Software Technologies' Gadi Naveh. In an audio interview, he explains that bitcoins and high levels of automation are key to the operation's success.
This year, the annual Black Hat Europe conference decamps from Amsterdam to London. What's in store? Everything from mobile ransomware and quantum-resistant crypto to "ego markets" and how to turn Belkin IoT devices into launch pads for DDoS attacks.
In a sign that investigators are paying more attention to disrupting stresser/booter services, script-kiddie-friendly Hack Forums recently announced that it will be shutting down its related Server Stress Testing forum.
The online advertising industry has a malware problem that, in part, has driven increased use of ad-blocking software. It's facing a complicated task: Clean up the security problems or face possible regulation.
We were promised flying cars. Instead, we get malware-infected CCTVs serving as remote launch pads for digital attacks that help criminals earn cryptocurrency by crashing large parts of the internet. But new defenses offer promise for blunting such attacks.
Britain has launched a new National Cyber Security Center to help U.K. organizations better respond to cybersecurity incidents. But Brexit is imperiling intelligence-sharing arrangements that help the U.K. battle attacks and track cybercriminals.
The latest ISMG Security Report leads off with a discussion with DataBreachToday Executive Editor Mathew J. Schwartz on why online cybercrime is growing. Also, the status of the U.S. government's cyberthreat information sharing initiative.
Want to build a cybercrime empire predicated on selling stolen payment card data? Here's how carder forum Vendetta Network blends outsourcing, partnerships and best-of-breed tools to maximize profits while minimizing risk.
A new cyberattack trend report from Europol notes that while online criminals continue to refine their capabilities, old and unsophisticated attacks too often still succeed, thanks to poor digital hygiene and a lack of security by design and user awareness.
Ransomware attacks are surging because attackers have perfected their techniques while enterprises in all sectors have failed to address critical security shortcomings, says Raimund Genes, CTO at Trend Micro.
Have you been the target or victim of ransomware-wielding attackers? The FBI wants individuals and businesses to report ransomware attacks to help it better pursue, disrupt and potentially arrest suspects.
The cybercrime sector involves a rapidly growing services economy that provides everything from bulletproof hosting and stresser/booter DDoS on demand, to ransomware-as-a-service and sites that offer to launder bitcoins via a process known as tumbling.