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Researchers from Kaspersky Lab have discovered a new spam message campaign being transmitted via Skype contains malware capable of using an infected computer to mine for Bitcoins. The malware, identified as Trojan.Win32.Jorik.IRCbot.xkt . Bitcoin is a non-governmental, fully-digital currency based on an open-source and peer-to-peer internet protocol. Cybercriminals have figured out that distributed Bitcoin mining is a perfect task for botnets and have started developing malware that can abuse the CPUs and GPUs of infected computers to generate Bitcoins. " Bitcoin mining is the process of making computer hardware do mathematical calculations for the Bitcoin network to confirm transactions and increase security, " Victims are encouraged to install malware file that is included with messages like " this my favourite picture of you ". Those who click the links, infected with a virus dropper downloaded from a server in India. If the malicious file is ins

Cybercriminals, underground hacking communities, hacker's market and Exploit packs.... Russian  cyberspace is well known for such crazy hacking stuff. Recently, the original Carberp botnet developer   ring that stole millions from bank accounts worldwide has been arrested. According to a report from Russian newspaper, a group of 20 people who served as its malware development team, were arrested by the Sluzhba Bezpeky Ukrayiny and the Federalnaya sluzhba bezopasnosti Rossiyskoy Federatsii (federal security service of Russia, FSB) in cities around Ukraine. Over $250 million has been stolen by the members of the botnet ring, which had roughly 20 members aged between 25 and 30. " Our experts did an enormous amount of work, which resulted in identifying the head of this criminal group, the owner and operator of a specialized banking botnet, identifying the control servers, and identifying the directing of traffic from popular websites in order to spread malware infectio

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Police in Spain have arrested a gang of 11 cyber criminals who used ransomware to demand money from thousands of victims in 30 countries using malware known as Reveton . Police arrested six Russians, two Ukrainians and two Georgians in the Costa del Sol. The gang leader, a 27-year-old Russian, was arrested in Dubai in the United Arab Emirates in December 2012 on an international arrest warrant. Spanish authorities are seeking his extradition. According to researchers from Trend Micro who worked with the Spanish to track down the group, estimate that this ransomware operation netted the group more than 1 million euros a year. The Trojan was distributed using drive by download techniques, in conjunction with the Black Hole exploit kit and initially the malware was focused on German individuals, but in later months began to target other countries, primarily the USA. Trend Micro, said there were 48 different variations of the virus in use and the malware has been known t

The banking Trojan known as Shylock has been updated with new functionality, including the ability to spread over Skype. The program was discovered in 2011 that steals online banking credentials and other financial information from infected computers. Shylock, named after a character from Shakespeare's "The Merchant of Venice". Shylock is one of the most advanced Trojans  currently being used in attacks against home banking systems. The code is constantly being updated and new features are added regularly. According to security researchers from CSIS Security Group , the Skype infection is based on a malicious plugin called msg.gsm and allows the malware to send messages and transfer files, clean messages and transfers from Skype history and even bypass the Skype warning for connecting to servers. Beside the new ability to spread through Skype, Shylock can also spread through local shares and removable drives. Infection by the Trojan allows hackers to ste