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US charges Iranian hackers for SamSam ransomware attacks

Authorities in the United States have charged two people in connection with a series of notorious ransomware attacks. According to the Department of Justice, 34-year-old Faramarz Shahi Savandi and 27-year-old Mohammad Mehdi Shah Mansouri were the masterminds behind attacks against more than 200 networks since 2015. Unlike normal ransomware attacks ...
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SIM swap! Man charged after million dollar cryptocurrency theft

San Francisco resident Robert Ross first realised something odd was going on when his iPhone lost its signal on 26th October. But his cellphone signal wasn't all that Ross had lost. Within minutes he had also lost his entire $1 million life savings, including the money he had stashed away for his two daughters' college education. According to media...
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20% of MageCart-compromised merchants get reinfected within days

MageCart, the notorious malware that has been haunting online stores by stealing payment card details from online shoppers at checkout, is reinfecting the same websites time and time again. Dutch security consultant Willem de Groot, who has been tracking MageCart and similar threats since 2015 and has come across over 40,000 compromised stores, says...
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Spam-spewing IoT botnet infects 100,000 routers using five-year-old flaw

Security researchers are warning that a botnet has been exploiting a five-year-old vulnerability to hijack home routers over the last couple of months. Analysts working at Qihoo 360's Netlab team say that they first identified the new botnet in September 2018. They have dubbed it "BCMUPnP_Hunter" because of its exploitation of a security hole in the...
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BEC-as-a-service offers hacked business accounts for as little as $150

Everyone responsible for securing organisations today recognises the significant growth in BEC (Business Email Compromise) attacks, also sometimes known as "Whaling" or "CEO fraud". BEC scammers trick accounting and finance departments into wiring considerable amounts of money into bank accounts under their control, posing as genuine suppliers...
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The makers of the Mirai IoT-hijacking botnet are sentenced

Three men who operated and controlled the notorious Mirai botnet have been sentenced to five years of probation. The Mirai botnet notoriously launched a massive distributed denial-of-service (DDoS) attack on DNS service company Dyn in October 2016 and made it impossible for many users to reach popular sites such as Amazon, Reddit, Netflix, Twitter,...
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Apps that steal users' browser histories kicked out of the Mac App store

Apple has removed "Adware Doctor" from the macOS App Store amid claims that the program was uploading browser histories to China. Adware Doctor, which sold for $4.99 and was listed last week among the highest grossing apps in the "Paid Utilities" category of the macOS App Store, promised it would "keep your Mac safe", "get rid of annoying pop-up ads...
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Hackers steal $13.5 million from Indian bank in global attack

Hackers planted malware on an automated teller machine (ATM) server belonging to an Indian bank as part of a criminal scheme which saw the theft of nearly 944 million rupees (US $13.5 million) in a co-ordinated attack across 28 countries last weekend. India's Cosmos Bank, based in the western city of Pune, suffered an attack which saw hackers use...
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Flaw exposed Comcast Xfinity customers' partial home addresses and SSNs

Poor security measures have reportedly put the personal details of Comcast Xfinity customers at risk, a researcher has revealed. According to a BuzzFeed News report, security researcher Ryan Stevenson found a vulnerability in the high-speed ISP's online customer portal that could allow unauthorised parties to determine the partial home address of...
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Hackers automate the laundering of money via Clash of Clans

According to a new report, popular smartphone games such as "Clash of Clans" are being used to launder hundreds of thousands of dollars on behalf of credit card thieves. Researchers at Kromtech Security describe how they first came across the money-laundering ring in mid-June when they analyzed an unsecured MongoDB database. The database, which was...
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Average cost of a data breach exceeds $3.8 million, claims report

Data breaches are getting more expensive. That's one of the findings of a new global study by the Ponemon Institute that examines the financial impact of a corporate data breach. So what is the actual cost of a data breach? Well, obviously it varies depending on the nature of the organisation that has lost control of its data, the nature of data...