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cybercrime-as-a-service | Breaking Cybersecurity News | The Hacker News

Russian TrickBot Mastermind Gets 5-Year Prison Sentence for Cybercrime Spree

Russian TrickBot Mastermind Gets 5-Year Prison Sentence for Cybercrime Spree

Jan 26, 2024 Cyber Crime / Malware
40-year-old Russian national Vladimir Dunaev has been sentenced to five years and four months in prison for his role in creating and distributing the TrickBot malware, the U.S. Department of Justice (DoJ) said. The development comes nearly two months after  Dunaev pleaded guilty  to committing computer fraud and identity theft and conspiracy to commit wire fraud and bank fraud. "Hospitals, schools, and businesses were among the millions of TrickBot victims who suffered tens of millions of dollars in losses," DoJ  said . "While active, TrickBot malware, which acted as an initial intrusion vector into victim computer systems, was used to support various ransomware variants." Originating as a banking trojan in 2016, TrickBot evolved into a Swiss Army knife capable of delivering additional payloads, including ransomware. Following efforts to take down the botnet, it was absorbed into the Conti ransomware operation in 2022. The cybercrime crew's allegiance to
Microsoft Takes Legal Action to Crack Down on Storm-1152's Cybercrime Network

Microsoft Takes Legal Action to Crack Down on Storm-1152's Cybercrime Network

Dec 14, 2023 Cybercrime / Threat intelligence
Microsoft on Wednesday said it obtained a court order to seize infrastructure set up by a group called Storm-1152 that peddled roughly 750 million fraudulent Microsoft accounts and tools through a network of bogus websites and social media pages to other criminal actors, netting the operators millions of dollars in illicit revenue. "Fraudulent online accounts act as the gateway to a host of cybercrime, including mass phishing, identity theft and fraud, and distributed denial-of-service (DDoS) attacks," Amy Hogan-Burney, the company's associate general counsel for cybersecurity policy and protection,  said . These cybercrime-as-a-service (CaaS) offerings, per Redmond, are designed to get around identity verification software across various technology platforms and help minimize the efforts needed to conduct malicious activities online, including phishing, spamming, ransomware, and fraud, effectively lowering the barriers to entry for attackers. Multiple threat actors,
SaaS Compliance through the NIST Cybersecurity Framework

SaaS Compliance through the NIST Cybersecurity Framework

Feb 20, 2024Cybersecurity Framework / SaaS Security
The US National Institute of Standards and Technology (NIST) cybersecurity framework is one of the world's most important guidelines for securing networks. It can be applied to any number of applications, including SaaS.  One of the challenges facing those tasked with securing SaaS applications is the different settings found in each application. It makes it difficult to develop a configuration policy that will apply to an HR app that manages employees, a marketing app that manages content, and an R&D app that manages software versions, all while aligning with NIST compliance standards.  However, there are several settings that can be applied to nearly every app in the SaaS stack. In this article, we'll explore some universal configurations, explain why they are important, and guide you in setting them in a way that improves your SaaS apps' security posture.  Start with Admins Role-based access control (RBAC) is a key to NIST adherence and should be applied to every SaaS a
Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'

Two New Platforms Found Offering Cybercrime-as-a-Service to 'Wannabe Hackers'

Jul 15, 2017
Cybercrime has continued to evolve and today exists in a highly organised form. Cybercrime has increasingly been commercialised, and itself become big business by renting out an expanded range of hacking tools and technologies, from exploit kits to ransomware, to help anyone build threats and launch attacks. In past few years, we have witnessed the increase in the popularity of malware-as-a-service (MaaS), which is today a prosperous business on the underground black market that offers an array of services, including ransomware-as-a-service , DDoS-as-a-service , phishing-as-a-service, and much more. Two such services have recently been spotted by two separate group of researchers, which we have detailed in this article. Ovidiy Stealer — $7 Password-Stealing Malware For Everyone A new credential stealing malware that targets primarily web browsers is being marketed at Russian-speaking web forums for as cheap as $7, allowing anyone with even little technical knowledge to h
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Are You Vulnerable to Third-Party Breaches Through Interconnected SaaS Apps?

websiteWing SecuritySaaS Security / Risk Management
Protect against cascading risks by identifying and mitigating app2app and third-party SaaS vulnerabilities.
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