security
Report: The SamSam Ransomware Has Extorted £4.5 Million, and One Person Might Be Behind It

A recent review by British cybersecurity firm Sophos in partnership with cryptocurrency firm Neutrino has concluded that the crew—or possibly one extremely proficient black hat hacker—behind the SamSam ransomware attacks have rolled in at least $5.9 million (£4.5 million) in ransom payments, according to BleepingComputer. Read More >>

security
Identity Theft Is Exploding in Developing Countries

New data reveals the global circulation of stolen identities is leading to major shifts in cybercrime worldwide, with developing countries cultivating newly formed internet-based economies responsible for a generous amount of fake and stolen account activity. Read More >>

hacking
Lord & Taylor and Saks Have Been Hacked to the Tune of Five Million Payment Card Accounts

Cybercriminals who ran off with info on five million payment cards from Saks Fifth Avenue (including its discount brand) and Lord & Taylor databases appear to be preparing to sell them on the dark web, according to a Sunday report from Gemini Advisory. Read More >>

hacking
Russian Accused of Hacking LinkedIn Extradited to US After 15-Month Detention in Prague

A Russian national accused of hacking LinkedIn, Dropbox, and Formspring, and possibly compromising the personal information of more than 100 million users, has been extradited to the United States, The New York Times reported on Friday. Read More >>

hacking
Equifax and Yahoo Complain They Are Helpless Against State-Sponsored Hacks

Former and current Equifax and Yahoo executives appeared on Capitol Hill on Wednesday to testify about the major consumer data breaches that occurred under their watch. An executive at Verizon, which acquired Yahoo this summer, was also called as a witness. Read More >>

crime
Millions of Fraud and Cybercrime Cases Were Reported in 2016

The first official recording of cybercrime in crime reports for England and Wales has caused headline numbers to rocket, with over two million cases of computer misuse and 3.6m recorded fraud attempts making the countries look like they've turned into crime-ridden hell holes. Read More >>

security
FBI’s New Anti-Hacking Campaign Asks Teens To Be Cyber Heroes, Not Cyber Zeroes

This week, the FBI teamed up with Europol to launch a public prevention campaign designed to “raise awareness of the risk of young adults getting involved in cybercrime.” In service of that mission, the law enforcement agencies representing some of the world’s most powerful nations somehow came up this: Read More >>

cybercrime
TalkTalk Hacker Made to Pay With Rehabilitation Order and Confiscated Gadgets

The teenager who magicked away most of TalkTalk’s credibility last year has received his punishment: a 12-month youth rehabilitation order, the confiscation of his iPhone and computer hard drive, and a £100 fine. Read More >>

crime
Crime Rate Doubles After True Scale of Internet Offences is Revealed

England and Wales are officially twice as bad as they were last year, and it’s all thanks to the internet. Well, sort of. The Office for National Statistics (ONS) has, for the first time, included online offences and fraud as part of its official statistics. Read More >>

security
Banks Should Stop Refunding Victims of Online Fraud, Says Met Police Head

Britain’s most senior police officer has called for banks to stop refunding victims of online fraud, as it apparently ‘rewards’ them for being careless about internet security. Sir Bernard Hogan-Howe this week said that customers are being ‘rewarded for bad behaviour’, and that the current system was ‘not incentivising you to protect yourself.’ Read More >>

hackers
Anyone Can Buy the Malware Used to Hack Sony

The Sony hack was the worst corporate cyberattack ever, and now anyone with $30,000 (£20,500) in Bitcoin and the ability to use Tor can buy the type of exploit used to hack Sony on underground cyberweapon websites, according to ex-hacker Jon Miller. Read More >>

crime
Stolen Credit Card Data Spreads Around the World “Staggeringly” Fast

How do thieves share their stolen data online? Security firm BitGlass tried to answer the question by leaking a fake trove of profiles that included credit card info and personal identification metrics like US social security numbers (a bit like a British National Insurance number). Read More >>

hacking
Obama: If You Cyberattack the US, We’ll Sanction You 

President Obama has a message for foreign hackers: You’re grounded. The US president declared a national emergency and signed an executive order today allowing targeted sanctions on anyone who is deemed a cyberthreat to the United States. Read More >>