Cyber Crime | Breaking Cybersecurity News | The Hacker News

Two most important moments in the history of Bitcoin are : Its creation by Satoshi Nakamoto , and the burst of The Silk Road's Founder  Ross William Ulbricht . The silk Road's black market was a Bitcoin economy. According to a report published by two Israeli computer scientists,  Ross William Ulbricht , aka Dread Pirate Roberts , may be financially linked to Satoshi Nakamoto. Even if the Bitcoin buyers and sellers remained anonymous, but the transactions themselves are public, So the scientists were able to trace the interactions. The Scientists, Ron and Shamir were exploring the connection between the operator of Silk Road who was recently arrested by the FBI for running the Internet blackmarket Silk Road and the entity that invented the bitcoin. The bitcoin network was established in 2008 and it has been popularly believed that the first accounts in the early days of the bitcoin were of Satoshi Nakamoto , accumulated some 77,600 BTC as a result of 'mining' Bitcoins

Sweden today has announced the extradition of 30-year-old  The Pirate Bay Cofounder ' Gottfrid Svartholm Warg ' to Denmark where he is wanted for questioning on alleged hacking charges. He was living in Cambodia last year but was later arrested and deported to Sweden. Currently he is serving a one-year sentence in Sweden for hacking into the computer systems of contractors working for the national tax authority. His extradition will take place on 27th November . Along with a 20-year-old Dane, they are accused of hacking into the servers of a Denmark government contractor and stealing police files files between April and August 2012. The motivation for the hacks remains unknown, but the police say it can't be ruled out that changes were made to the records. There are, however, no indications that any of the downloaded files have been exploited. Even, The Pirate Bay may no longer be safe to use. It is no longer in the hands of the original owners. An Anonymous act

Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or

Today computer telecommunications have become one of the most prevalent techniques used by pedophiles to share illegal photographic images of minors and to lure children into illicit sexual relationships. The Internet has dramatically increased the access of the preferential sex offenders to the population they seek to victimize and provides them greater access to a community of people who validate their sexual preferences. The Fourth Amendment is the most implicated and litigated portion of the Constitution. Courts are increasingly confronting the problems associated with adapting Fourth Amendment principles to modern technology. If you think that your peer-to-peer file sharing can be kept under wraps, then please think again. A federal judge ' Christina Reiss ' in Vermont has ruled that there should be no expectation of privacy for data shared across peer-to-peer file-sharing services. In a Child pornography case, three defendants argued that information gained

A Singaporean hacker calling himself the " The Messiah " was arrested in Kuala Lumpur last Monday for hacking into a Singaporean government website over two weeks ago - from a Kuala Lumpur apartment. James Raj (35) charged with hacking of  Ang Mo Kio town council  website and posting a symbol associated with international hacker group Anonymous. He was charged under the Computer Misuse and Cybersecurity Act. If found guilty, he could be jailed for up to three years and fined S$10 , 000. Police said Raj was also linked to a series of hacking incidents, including penetrating the website of a charity group related to the ruling People's Action Party. Police declined to give details but suggested that Raj was not responsible for defacing the prime minister's office and presidential palace websites on November 7 and 8. Five other local men are being held for allegedly hacking the websites of Singapore's president and prime minister websites i.e.  Muhammad

We have a lot of information on Stuxnet virus, a powerful malware that for the first time has shown to governments the capabilities and efficiency of a cyber weapon. Eugene Kaspersky, CEO of Kasperky security firm revealed that Stuxnet had badly infected the internal network of a Russian nuclear plant, according to the information he obtained from an unnamed staffer at the Nuclear Plant. " So unfortunately these people who were responsible for offensive technologies, they recognize cyber weapons as an opportunity ." Kaspersky said. During a presentation given at the Canberra Press Club, Kaspersky provided an excellent overview on the security of cyberspace, in particular highlighting the effect of the activities of state-sponsored espionage and cyber crime. " All the data is stolen, " Kaspersky said. " At least twice ." The malware Stuxnet is widely considered to have been developed by the US Government in a joint work with Israel c

The US Federal Bureau of Investigation has added five new hackers to its Cyber most wanted list and is seeking information from the public regarding their whereabouts. The men are wanted in connection with hacking and fraud crimes both within the US as well as internationally. Rewards ranging from up to $50,000 to $100,000 are being offered for information that leads to their arrest. Two of them are Pakistani, Farnhan Arshad and Noor Aziz Uddin , who caused the damage of over $50 million after hacking business telephone systems between 2008 and 2012. Arshad and Uddin are part of an international criminal ring that the FBI believes extends into Pakistan, the Philippines, Saudi Arabia, Switzerland, Spain, Singapore, Italy, Malaysia, and other locations. Syrian national Andrey Nabilevich Taame , wanted for his alleged role in Operation Ghost Click , a malware scheme that compromised more than four million computers in more than 100 countries between 2007 and October 2011

12-year-old Canadian has pleaded guilty to breaking into multiple major government and police websites in the name of the hacker collective Anonymous . Surprisingly, this Fifth Grade student wreaked computer havoc during the Quebec student uprising in 2012, traded pirated information to Anonymous for video games. He had not just participated in  DDoS attacks , but also stole information belonging to users and administrators. The court estimates he did $60,000 worth of damage by attacking major government websites included those of Montreal police, the Quebec Institute of Public Health, the Chilean government and some non-public sites. His lawyer also described in the Court that buy saw it as a challenge, he was only 12 years old and was no political purpose. According to Montreal police, the boy also taught others how to hack. The 12 year old was among the several hackers arrested over the Anonymous protest. While others have been arrested in connection with t

Cybercrime , identity theft, and frauds are on the rise; and in most cases, the data breaches are associated with credit cards and cardholder data. The impact of data breach not only affects your organization, but also your customers. A common observation cites that organizations that are PCI compliant are 50% less likely to suffer a data breach . It is alarming to notice that most organizations have difficulty complying with the requirements necessary for processing cardholder data . PCI makes the process smooth Based on the feedback from the industry, PCI Security Council has introduced some changes in the compliance regulations and has come up with version 3.0 for PCI compliance whose final version is scheduled for release on November 7, 2013. And, it is expected to be effective from January 2014. So, how will the upgraded version of PCI Compliance impact your organization? Awareness :  Most security breaches happen due to lack of awareness in the following areas:

Ross Ulbricht , the recently arrested mastermind behind Silk Road , appeared in court yesterday where his lawyer begged for more time before the detention hearing. As the Protective Order states, The United States is further authorized to seize any and all Bitcoins contained in wallet files residing on silk road servers and can transfer the full account balance in each silk road wallet to a public Bitcoin address controlled by the United States. Right now the FBI must be feeling pretty good too, because a federally controlled Bitcoin account , renamed as " Silkroad Seized Coins " now contains over $3.5 million worth of the digital currency , seized from Silk Road over 26,000 Bitcoins. As of this writing, the FBI 's Bitcoin address has received 122 transactions, nearly 30 of which apparently come from pranksters and now the account holds 27,365.89919925 BTC. Forbes, Kashmir Hill asked FBI spokesperson that what the plan is for those seized Bitcoins. " W

A College 19-year-old college student and Hacker from Temecula, California has been arrested for hacking the webcams of Miss Teen USA ' Cassidy Wolf ' and other women to extort nude photos and videos from them. Earlier this year Cassidy Wolf received an anonymous email in which the sender claimed to have stolen images from the camera on her home computer. According to the complaint, he threatened to turn her " dream of being a model ... into a ..... " Jared James Abrahams , 19 years-old man forced several women to strip. Based on an investigation launched in March the FBI raided THE suspect's home in June, seizing computers, cell phones and hacking software. Abrahams is accused of hacking the computers of several young women and charged with extortion, that could send him to federal prison for up to two years. Abrahams used malicious software to disguise his identity in order to capture nude photos or videos of victims through remote operat

Sentencing for former LulzSec leader Hector Xavier Monsegur , better known as " Sabu " , has again been delayed. Monsegur pleaded guilty to a dozen criminal counts two years prior and stands to face more a maximum sentence of more than 124 years. Another Lulzsec Hacker Jeremy Hammond has claimed that the FBI used Sabu to coordinate attacks against foreign governments, by  Anonymous hackers and Others. The delays indicate that the FBI is not extracting information from Monsegur and this could mean that the hacker may be helping FBI with other covert operations as Jeremy Hammond claims. Jeremy Hammond, released a statement on Thursday accusing the US government of asking Monsegur to encourage fellow hacktivists to infiltrate foreign government entities. " What many do not know is that Sabu was also used by his handlers to facilitate the hacking of the targets of the government's choosing including numerous websites belonging to foreign governments" , Ham

What would you do if a European Cybercrime Agency locked your PC until you paid a fine? A new Police Ransomware  family dubbed Trojan : HTML/Browlock by F-secure Antivirus firm, known as Browlock , which spreads by tricking unsuspecting web surfers into believing the police are after them. Ransomware is malware that, when installed on a device, can be locked down from remote locations by cyber criminals . Usually, ransomware appears to be an official warning telling the user that the computer has to be locked because it showed illegal activities and payment is necessary to access files. Ransomware is a global phenomenon, but the criminals have learned to localize and customize their software to make the threat seem scarier so that victims act quickly before they have time to think. Researchers said they are tracking this Malware from a while ago and now crooks behind the malware ate targeting users from some new countries including the United States, Canada and th

A second member of hacking group LulzSec - Raynaldo Rivera, 21, of Tempe, Arizona, has been sentenced to 1 year in prison, 13 months of house arrest, and 1,000 hours of community service for hacking into the computers of Sony Pictures Entertainment . Raynaldo who went by Internet names " neuron " was member of LulzSec Hacking Team in an attack on Sony Pictures which saw personal data belonging to 138,000 customers leaked. He's also been ordered to pay $605,663 in restitution.  The attackers distributed the stolen data on the Internet, information that included names, addresses, phone numbers and e-mail addresses for tens of thousands of Sony customers. Raynaldo also pleaded guilty to obtaining confidential information from various companies and posting it publicly. Another member of LulzSec ' Cody Andrew Kretsinger ' was given a one-year jail sentence back in April. Rivera and Kretsinger both studied at the University of Advancing Technology in Tempe

The Bitcoin Foundation has received a cease-and-desist letter from the California Department of Financial Institutions, which oversees banks, credit unions, and other financial organizations operating in the state. Jon Matonis, who is a board member at the Foundation, revealed the letter on Forbes. The agency charges Bitcoin Foundation with allegedly " engaging in the business of money transmission without a license or proper authorization ." If they found to be in violation of the California Financial Code, the foundation could be fined up to $2,500 a day per violation, in addition to criminal prosecution. Convictions under the federal statute are punishable by up to 5 years in prison and a $250,000 fine. Bitcoin doesn't have any kind of central regulatory authority, and trading takes place through Mt. Gox or other exchange floors. So, California's decision to send a money transmitter warning to the Bitcoin Foundation is a Washington, D.C., nonprofit, makes no sense