Cyber Crime | Breaking Cybersecurity News | The Hacker News

In last October, the Feds told they would probably just  liquidate the bitcoins  seized from the online black market Silk Road, once they were legally free to do so. Finally the United States District Judge  J. Paul Oetken   signed off  on the forfeiture order for the Bitcoins, clearing the government to sell the assets. Last September, the FBI had seized  29,655 Bitcoins from the online black market Silk Road after its alleged 29-year-old mastermind, Ross William Ulbricht , aka ' Dread Pirate Roberts ' was arrested and charged with possessing controlled substances and committing or conspiring to commit computer hacking offenses, among other charges. This new ruling represents the largest-ever forfeiture of Bitcoins . The assets include the Silk Road hidden website and 29,655 Bitcoins , worth more than $28 Million according to current exchange rates. Manhattan U.S. Attorney Preet Bharara said: "With today's forfeiture of $28 million worth of Bitcoins fr

Today I desire to propose an interview with Andrey Komarov , CEO of IntelCrawler and Dan Clements , President of IntelCrawler. IntelCrawler  is a multi-tier intelligence aggregator, which gathers information and cyber prints from a starting big data pool of over 3, 000, 000, 000 IPv4 and over 200, 000, 000 domain names, which are scanned for analytics and dissemination to drill down to a desired result. I have prepared for them a series of answers and questions to analyze significant evolutions in the cyber-threat landscape: Q. Which are the most concerning cyber threats for private businesses and government organizations? A. Avoiding talking about usual and standard things, of course, the most dangerous and annoying is the emergence of fundamentally new vulnerabilities in critical applications and systems. " Zero day " vulnerabilities market is developing every day and taking the shape of a part of the future cyber warfare market , as it is still in the process of formati

In today's digital world, where connectivity is rules all, endpoints serve as the gateway to a business's digital kingdom. And because of this, endpoints are one of hackers' favorite targets.  According to the IDC,  70% of successful breaches start at the endpoint . Unprotected endpoints provide vulnerable entry points to launch devastating cyberattacks. With IT teams needing to protect more endpoints—and more kinds of endpoints—than ever before, that perimeter has become more challenging to defend. You need to improve your endpoint security, but where do you start? That's where this guide comes in.  We've curated the top 10 must-know endpoint security tips that every IT and security professional should have in their arsenal. From identifying entry points to implementing EDR solutions, we'll dive into the insights you need to defend your endpoints with confidence.  1. Know Thy Endpoints: Identifying and Understanding Your Entry Points Understanding your network's

Eric Rosol , A  38-year-old hacker who joined an Anonymous hacker attack for just one minute has been sentenced to two years of federal probation and ordered to pay $183,000 fine. Yes you read right! $183,000 fine  for just 1 Minute of DDoS attack. In 2011, Eric participated in a distributed denial-of-service (DDoS) attack organized by hacker collective Anonymous against the servers of Koch Industries. The DDoS attack was organized in opposition to Koch Industries' reported weakening of trade unions. He used a software called a Low Orbit Ion Cannon Code , LOIC is a popular DDoS tool used by anonymous hackers and other hackers to perform the DDoS attack. Rosol pleaded guilty and was agreed to direct pay for the losses as a result of the attack on the company website i.e. around $5,000 only, but Koch Industries had argued that it hired a consulting group to protect its web sites at a cost of approximately $183,000. Unfortunately, the company website was knocked offline for just 15

Microsoft today announced that its Digital Crimes Unit ( a center of excellence for advancing the global fight against cybercrime ) has successfully disrupted the ZeroAccess botnet, one of the world's largest and most rampant botnet .The Botnet is " disrupted ," not "fully destroyed" , Microsoft itself admits that " do not expect to fully eliminate the ZeroAccess botnet due to the complexity of the threat. " This is the Microsoft's 8th botnet takedown operation in the past three years. With the help of U.S. Federal Bureau of Investigation  ( FBI ) and Europol's European Cybercrime Centre (EC3), Microsoft led to the seizure of servers that had been distributing malware which has infected nearly 2 million computers all over the world, and with that, ZeroAccess botnet's masters are earning more than $2.7 million every month. ZeroAccess was first identified in 2011 by Symanetc, being used for click fraud, the malware can also be used to illicitly mine the v

The breaking news is that, another Bitcoin exchange  company gets hacked i.e. BIPS ( bips.me ), one of the largest European Danish Bitcoin payment processors. On Friday evening, a bunch of cyber criminals just broke into BIPs - Bitcoin payment processor servers and wiped out around 1,295 Bitcoin from people's wallets, currently worth $1 Million. More than 22,000 consumer wallets have been compromised and BIPS will be contacting the affected users. Initially on 15th November, Hackers launched Distributed Denial of Service (DDoS) attack on BIPS, originate from Russia and neighboring countries and then hackers attacked again on 17th November. This time somehow they got access to several online Bitcoin wallets, which allowed them to steal the 1,295 BTC. " As a consequence Bips will temporarily close down the wallet initiative to focus on real-time merchant processing business which does not include storing of Bitcoins. " company says. " All existing users will be aske

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

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: