#Cybercrime

U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data U.S. University Pays Over $1M Ransom in Bitcoin to Hackers to Regain Access to Encrypted Data

On June 1, University of California San Francisco (UCSF) detected and subsequently stopped a cyber-attack, wherein threat actors obtained access to a part of the School of Medicine’s IT infrastructure. As part of the attack, the hackers encrypted a number of servers, making them temporarily inaccessible.

FBI Names Six U.S. States Most Vulnerable to Online Attacks FBI Names Six U.S. States Most Vulnerable to Online Attacks

The United States Federal Bureau of Investigation (FBI) has estimated that cybercriminals stole approximately $2 billion from victims by virtue of compromising corporate email accounts, in 2019. Criminals continued to invent new and more sophisticated types of attacks last year, although quite widespread extortion, government impersonation, and spoofing were the three crime categories newly added […]

U.S. Accuses Julian Assange of Recruiting LulzSec and Anonymous Hackers to Steal Gov’t Documents for WikiLeaks U.S. Accuses Julian Assange of Recruiting LulzSec and Anonymous Hackers to Steal Gov’t Documents for WikiLeaks

A United States district court has released an indictment alleging Julian Assange, the founder of the online archive containing thousands of classified documents from government and corporate entities, WikiLeaks, of an attempt to recruit hackers from the LulzSec and Anonymous hacker groups to obtain sensitive information from government systems. Once stolen, the documents would appear […]

Hackers Use Popular Web Analytics Tool to Steal Online Shoppers’ Payment Information Hackers Use Popular Web Analytics Tool to Steal Online Shoppers’ Payment Information

Threat actors are now targeting Google Analytics service to harvest data entered by users. As the victims are generally Europe and Americas-based online stores selling cosmetics, food products, digital equipment, and spare parts, the stolen information includes their shoppers’ credit card details.

North Korea’s Hacker Army Is Just as Serious as Nukes and It’s Keen on Stealing Your Crypto North Korea’s Hacker Army Is Just as Serious as Nukes and It’s Keen on Stealing Your Crypto

North Korea has thousands of government-backed hackers trained to steal money and valuable information, disrupt infrastructure, and harass the ruling party’s targets, vice president for international security and diplomacy at the Asia Society Policy Institute Daniel Russel told Business Insider.

Cybercriminals Exploit Black Lives Matter Campaign to Distribute Malware via Email Amid Social Unrest Cybercriminals Exploit Black Lives Matter Campaign to Distribute Malware via Email Amid Social Unrest

Threat actors are now exploiting the Black Lives Matter campaign to distribute malware via email, which lures users to open an attached Microsoft Word file to “leave a review confidentially about Black Lives Matter.” The phishing emails’ subject line goes as “Vote anonymous about ‘Black Lives Matter.’”

After 10 Years in Tech Isolation, I'm Now Outsider to Things I Once Had Mastered After 10 Years in Tech Isolation, I’m Now Outsider to Things I Once Had Mastered

The world isn’t the way I remember it, and certainly not the way I left it back when I was arrested in 2009 for installing botnets and commercial remote access programs on a handful of sensitive clinic systems, which included a critical SCADA system.

Russian Hackers Attack US Nuclear Missile Contractor, Demand Ransom for Stolen Data Russian Hackers Attack US Nuclear Missile Contractor, Demand Ransom for Stolen Data

Cybercriminals have broken into the computer network of Westech International, the United States military contractor, that provides engineering and maintenance support for the Minuteman III nuclear deterrent. The hackers reportedly stole confidential documents from the company and now demand that it pay a ransom.

Ex-Convicted Hacker GhostExodus: Severity of My Crime Wasn't Based On What I Did, But What I Could Have Done Ex-Convicted Hacker GhostExodus: Severity of My Crime Wasn’t Based On What I Did, But What I Could Have Done

In 2009, Jesse William McGraw, aka “GhostExodus” and the leader of the so-called Electronik Tribulation Army (ETA) hacking group, broke into a dozen computers at the orthopedic W.B. Carrell Memorial Clinic, where he worked as a night-shift security guard.

Estimated $1.36 Billion In Crypto Lost To Criminals In First Half of 2020 Estimated $1.36 Billion In Crypto Lost To Criminals In First Half of 2020

According to the report by CipherTrace, in the first 5 months of 2020, the total losses of cryptocurrencies to criminals and scammers amounted to $1.36 billion. Researches suggest 2020 may bring the second-highest total crypto lost to crime ever observed, the current record being 2019’s $4.5 billion.

Bitcoin in Cybercrime: Questionable Choice That Works

Looking through the news that came up during the month, one may notice several closely packed cases of hacking, extortion, and other unsavory activities involving Bitcoin. While there seems to be no particular connection between these cases, this is an unkind reminder not to be negligent about basic cybersecurity.

Bitcoin Extortion and Hacked Gadgets: How Blockchain Will Repel Cyberattacks in 2020

According to the report by CipherTrace, losses to frauds and theft related to cryptocurrency amounted to $4.4 billion in 2019. As the hi-tech market develops, cybercriminals have shifted their focus from exploiting technical vulnerabilities to social engineering. Using the typical weaknesses we humans have isn’t too hard and doesn’t require special skills.

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