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Russian-language dark web marketplace Hydra has emerged as a hotspot for illicit activities, pulling in a whopping $1.37 billion worth of cryptocurrencies in 2020, up from $9.4 million in 2016, marking a staggering 624% year-over-year jump over a three-year period from 2018 to 2020. "Further buoying Hydra's growth is its ability—or its good fortune—to remain running and unscathed against competitor attacks or  law enforcement scrutiny ; its only downtime of note occurred during a short time period at the beginning of the COVID-19 global pandemic in late March 2020," threat intelligence firm Flashpoint  said  in a report jointly published with blockchain analysis firm Chainalysis. Active since 2015, Hydra opened as a competitor to the now-defunct Russian Anonymous Marketplace (aka RAMP), primarily facilitating narcotics trade, before becoming a bazaar for all things criminal, including offering BTC cash-out services and peddling stolen credit cards, SIM cards, document

Android have been a long time target for cyber criminals, but now it seems that they have turned their way towards iOS devices. Apple always says that hacking their devices is too difficult for cyber crooks, but a single app has made it possible for anyone to hack an iPhone. A security flaw in Apple's mobile iOS operating system has made most iPhones and iPads vulnerable to cyber attacks by hackers seeking access to sensitive data and control of their devices, security researchers warned. The details about this new vulnerability was published by the Cyber security firm FireEye on its blog on Monday, saying the flaw allows hackers to access devices by fooling users to download and install malicious iOS applications on their iPhone or iPad via tainted text messages, emails and Web links. MASQUE ATTACK - REPLACING TRUSTED APPS The malicious iOS apps can then be used to replace the legitimate apps, such as banking or social networking apps, that were installed thro

Imagine a world where the software that powers your favorite apps, secures your online transactions, and keeps your digital life could be outsmarted and taken over by a cleverly disguised piece of code. This isn't a plot from the latest cyber-thriller; it's actually been a reality for years now. How this will change – in a positive or negative direction – as artificial intelligence (AI) takes on a larger role in software development is one of the big uncertainties related to this brave new world. In an era where AI promises to revolutionize how we live and work, the conversation about its security implications cannot be sidelined. As we increasingly rely on AI for tasks ranging from mundane to mission-critical, the question is no longer just, "Can AI  boost cybersecurity ?" (sure!), but also "Can AI  be hacked? " (yes!), "Can one use AI  to hack? " (of course!), and "Will AI  produce secure software ?" (well…). This thought leadership article is about the latter. Cydrill  (a

An obscure group identifying itself as the Izz ad-din al-Qassam Cyber Fighters claimed responsibility for the first wave of attacks as retaliation for the amateurish Innocence of Muslims film that mocked the Islamic prophet Mohammed and sparked protests throughout the Middle East.  Who's really responsible for a recent series of cyberattacks on American banks? A few days back US Defense Secretary Leon Panetta said Iran is responsible for cyberattacks launched against Saudi Aramco and RasGas and US banks. While Panetta did not directly link Iran to the Persian Gulf attacks, he later noted that Iran has " undertaken a concerted effort to use cyberspace to its advantage. " Today, Iran's defense minister said, The United States is the source of cyber terrorism. " and intends to pave the way for increasing its activities in relation to cyber terrorism through diverting attention and leveling accusation, " Defense Minister Ahmad Vahidi. The Iranian defense minister also sai

When it comes to security, small and midsize businesses are largely unaware of the risks they face. Cybercrime is a serious problem which affects businesses of all sizes and can have devastating consequences. U.S. small businesses should understand they cannot completely remain safe from cyber-threats if they do not take the necessary precautions. Although such threats existed long before malware emerged, data theft, fraud and industrial spying are all now typically conducted through cyber-attacks. The picture painted is of an environment under siege, with an alarming 41% of businesses acknowledging themselves less than ready to face cyber-threats. Kaspersky Lab and B2B International recently conducted a survey among IT professionals working for large and medium-sized businesses to find out what IT specialists thought of corporate security solutions, to determine their level of knowledge about current threats, the sort of problems they most often face, and their ability to e