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Category — money stolen
Beware! Cyber Criminals Spreading Click Fraud Trojan for Making Money

Beware! Cyber Criminals Spreading Click Fraud Trojan for Making Money

May 11, 2014
Before Ransomware, Click fraud was one of the popular and efficient ways for cybercriminals to make money and with the explosive growth in the size of the online threats it is still making its way on the Internet. " Click-Fraud " is the practice of deceptively clicking on search ads with the intention of either increasing third-party website revenues or exhausting an advertiser's budget. Besides the search results, we all have seen advertisements placed in the search engine's WebPage. If the visitor clicks the Ad, the advertiser has to pay a fee to the search engine. A problem that has arisen with pay-per-click is results in Click-Fraud. The term " fraud " is used because in either case, the advertiser is paying for a click without receiving any true value. Of course, the number of clicks has to be large enough in order to gain a considerable amount of money, and in order to do that an attacker can use an automated script or malicious program to simulate multiple clicks b...
Hackers stole money from European ATMs using Malware-loaded USB Device

Hackers stole money from European ATMs using Malware-loaded USB Device

Jan 02, 2014
Hacking ATM Machines is nothing new, but it seems that instead of relying on ATM skimmers now some smart hackers in Europe are reportedly targeting ATM Machines using Malware -loaded USB drives to steal money. Most of the world's ATMs are running on Windows XP operating system, which is highly vulnerable to Malware attacks. Just like your Desktop Laptops, some ATMs also have USB sockets, which is hidden behind the ATM's fascia. The German security researchers who discovered the hack detailed their findings at the Chaos Computing Congress in Hamburg, Germany recently. They said that the thieves cut holes in the fascia to access a USB port and then uploaded malware to the machines. The malware creates a backdoor that can be accessed on the front panel. " These researchers explained that the malware allowed the thieves to create a unique interface on the ATMs by typing in a 12-digit code. This interface allowed for withdrawal and also showed the criminals the amount of money and e...
How AI Is Transforming IAM and Identity Security

How AI Is Transforming IAM and Identity Security

Nov 15, 2024Machine Learning / Identity Security
In recent years, artificial intelligence (AI) has begun revolutionizing Identity Access Management (IAM), reshaping how cybersecurity is approached in this crucial field. Leveraging AI in IAM is about tapping into its analytical capabilities to monitor access patterns and identify anomalies that could signal a potential security breach. The focus has expanded beyond merely managing human identities — now, autonomous systems, APIs, and connected devices also fall within the realm of AI-driven IAM, creating a dynamic security ecosystem that adapts and evolves in response to sophisticated cyber threats. The Role of AI and Machine Learning in IAM AI and machine learning (ML) are creating a more robust, proactive IAM system that continuously learns from the environment to enhance security. Let's explore how AI impacts key IAM components: Intelligent Monitoring and Anomaly Detection AI enables continuous monitoring of both human and non-human identities , including APIs, service acc...
Biggest American Bank 'JPMorgan Chase' hacked; 465,000 card users' data stolen

Biggest American Bank 'JPMorgan Chase' hacked; 465,000 card users' data stolen

Dec 05, 2013
JPMorgan Chase , one of the world's biggest Banks has recently announced that it was the victim of a cyber attack and warned round 465,000 of its holders of prepaid cash cards on the possible exposure of their personal information. In the Security Breach that took place on the bank's website www.ucard.chase.com  in July, around 465,000 accounts are compromised i.e. 2% of the overall 25 million UCard users. JPMorgan confirmed that there is no risk for holders of debit cards, credit cards or prepaid Liquid cards. They informed the law enforcement in September, and till now no information on how attackers have conducted the attack has been disclosed. The JPMorgan spokesman Michael Fusco declared that the investigation allowed the identification of victim accounts and the data stolen, the bank already notifying the cardholders of the incident. JPMorgan representative also remarked that hackers haven't stolen money from any user's account, due this reason the company is not i...
cyber security

Creating, Managing and Securing Non-Human Identities

websitePermisoCybersecurity / Identity Security
A new class of identities has emerged alongside traditional human users: non-human identities (NHIs). Permiso Security's new eBook details everything you need to know about managing and securing non-human identities, and strategies to unify identity security without compromising agility.
Silk Road alternative 'Sheep Marketplace' shut down after $40 Million in Bitcoin Theft

Silk Road alternative 'Sheep Marketplace' shut down after $40 Million in Bitcoin Theft

Dec 03, 2013
Sheep Marketplace , one of the leading anonymous websites, after Silk Road 's closure by U.S. Prosecutors, allegedly selling drugs, has gone offline claiming it was robbed of $6 million worth of Bitcoins . Like Silk Road , Sheep Marketplace was a Deep Web site accessible via the Tor network and quickly grew into a replacement of other popular underground Bazaars. Weeks ago, the Administrator of the Sheep Marketplace announced that withdrawals  from online Wallet would be closed for a few hours as a new feature was being implemented, however deposits were still allowed. Recently, The market's administration left a short message for users, which reads: We are sorry to say, but we were robbed on Saturday 11/21/2013 by vendor EBOOK101. This vendor found a bug in the system and stole 5400 BTC – your money, our provisions, all was stolen. We were trying to resolve this problem, but we were not successful. We are sorry for your problems and inconvenience, all of the current BTC w...
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