Search results for computer fraud | Breaking Cybersecurity News | The Hacker News

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) on Wednesday announced sweeping sanctions against ten individuals and two entities backed by Iran's Islamic Revolutionary Guard Corps (IRGC) for their involvement in ransomware attacks at least since October 2020. The agency said the cyber activity mounted by the individuals is partially attributable to intrusion sets tracked under the names APT35, Charming Kitten, Nemesis Kitten, Phosphorus, and TunnelVision. "This group has launched extensive campaigns against organizations and officials across the globe, particularly targeting U.S. and Middle Eastern defense, diplomatic, and government personnel, as well as private industries including media, energy, business services, and telecommunications," the Treasury  said . The Nemesis Kitten actor, which is also known as  Cobalt Mirage ,  DEV-0270 , and  UNC2448 , has come under the scanner in recent months for its pattern of ransomware attacks for o

The U.S. government on Tuesday  announced  up to $10 million in rewards for information on six hackers associated with the Russian military intelligence service. "These individuals participated in malicious cyber activities on behalf of the Russian government against U.S. critical infrastructure in violation of the Computer Fraud and Abuse Act," the State Department's Rewards for Justice Program  said . All the six Russian officers are members of an advanced persistent threat group called Sandworm (aka Voodoo Bear or Iron Viking), which is known to be operating since at least 2008 with a specific focus on targeting entities in Ukraine with the goal of establishing an illicit, long-term presence in order to mine highly sensitive data. The hackers, who are officers of the Main Intelligence Directorate of the General Staff of the Armed Forces of the Russian Federation ( GRU ), are as follows - Artem Valeryevich Ochichenko , who has been linked to technical reconnaissa

It comes as no surprise that today's cyber threats are orders of magnitude more complex than those of the past. And the ever-evolving tactics that attackers use demand the adoption of better, more holistic and consolidated ways to meet this non-stop challenge. Security teams constantly look for ways to reduce risk while improving security posture, but many approaches offer piecemeal solutions – zeroing in on one particular element of the evolving threat landscape challenge – missing the forest for the trees.  In the last few years, Exposure Management has become known as a comprehensive way of reigning in the chaos, giving organizations a true fighting chance to reduce risk and improve posture. In this article I'll cover what Exposure Management is, how it stacks up against some alternative approaches and why building an Exposure Management program should be on  your 2024 to-do list. What is Exposure Management?  Exposure Management is the systematic identification, evaluation,

A Russian man accused of infecting tens of thousands of computer servers worldwide to generate millions in fraudulent payments has been imprisoned for 46 months (nearly four years) in a United States' federal prison. 41-year-old Maxim Senakh , of Velikii Novgorod, was arrested by Finnish police in August 2015 for his role in the development and maintenance of the infamous Linux botnet called Ebury that siphoned millions of dollars from victims worldwide. Senakh was extradited to the United States in February 2016 to face charges and pleaded guilty in late March this year after admitting of creating a massive Ebury botnet and personally being profited from the scheme. First spotted in 2011, Ebury is an SSH backdoor Trojan for Linux and Unix-style operating systems, such as FreeBSD or Solaris, which gives attackers full shell control of an infected machine remotely even if the password for affected user account is changed regularly. Senakh and his associates used the malw

A former Canadian government employee this week agreed to plead guilty in the U.S. to charges related to his involvement with the NetWalker ransomware syndicate. Sebastien Vachon-Desjardins , who was  extradited to the U.S.  on March 10, 2022, is accused of conspiracy to commit computer fraud and wire fraud, intentional damage to a protected computer, and transmitting a demand in relation to damaging a protected computer. The 34-year-old IT consultant from Gatineau, Quebec, was initially apprehended in January 2021 following a coordinated  law enforcement operation  to dismantle the dark web infrastructure used by the NetWalker ransomware cybercrime group to publish data siphoned from its victims. The takedown also brought its activities to a standstill. A search warrant executed at Vachon-Desjardins's home in Canada resulted in the seizure of 719 bitcoin, valued at approximately $28.1 million at the time, and $790,000 in Canadian currency. In February 2022, the Ontario Court o

Harvard researcher arrested on hacking charges A Harvard researcher  Aaron Swartz  has been arrested in Boston for broke into the computer networks at the Massachusetts Institute of Technology to gain access to JSTOR, a non-profit online service for distributing scholarly articles, and downloaded 4.8 million articles and other documents - nearly the entire library Swartz was something of an internet folk hero as a teenager when he helped create RSS, a computer code that allows people to receive automatic feeds of online notices and news. He has emerged as a civil liberties activist who crusades for open access to data. In 2008, Mr Swartz released a '' Guerilla Open Access Manifesto '', calling for activists to '' fight back '' against the sequestering of scholarly papers behind pay walls. '' It's time to come into the light and, in the grand tradition of civil disobedience, declare our opposition to this private theft of public culture

Three teenagers who founded and operated one of the world's largest English-language internet crime forums, described in court as "Crimebook", have been sentenced to up to five years in custody. Police estimate that losses from the thousands of credit details traded over the site, Gh0stMarket.net, amount to £16.2m. The web forum, which had 8,000 members worldwide, has been linked to hundreds of thousands of pounds of registered losses on 65,000 bank accounts. Nicholas Webber, the site's owner and founder, was arrested in October 2009 with the site's administrator, Ryan Thomas, after trying to pay a £1,000 hotel bill using stolen card details. They were then 18 and 17. Webber was jailed for five years on Wednesday and Thomas for four years. After seizing Webber's laptop, police discovered details of 100,000 stolen credit cards and a trail back to the Gh0stMarket website. Webber and Thomas jumped bail that December, fleeing to Majorca, but were rearrested when

Former Reuters journalist Matthew Keys , who was convicted last year of helping the Anonymous group of hackers, has been sentenced to 24 months in prison for computer hacking charges. Keys was found guilty last year in October of giving Anonymous login credentials that allowed the group to deface the Los Angeles Times, a Tribune Media-owned newspaper, back in 2013. After leaving the job at Tribune Company-owned Sacramento KTXL Fox 40 in 2010, Keys posted login credentials for the company's content management system (CMS) on a chatroom where hacking collective Anonymous planned out their operations. The hacking collective then logged into the CMS and defaced an LA Times article that remained defaced for about 40 minutes before a journalist noticed and changed it back – though Keys still denies all allegations. Keys faced a possible sentence of up to 25 years for three counts of hacking charges under the Computer Fraud and Abuse Act. Although the US Attorne

The major tech companies including Google, Facebook, and Yahoo! have joined their hands to launch a new program meant to block fake web traffic by blacklisting flagged IP addresses. Today, majority of data center traffic is non-human or illegitimate, so to fight against this issue the Trustworthy Accountability Group (TAG) has announced a program that will tap into Google's internal data-center blacklist to filter bots. The new pilot program will reject traffic from web robots or bots by making use of a blacklist, cutting a significant portion of web traffic from within data centers, said Google Ad Manager Vegard Johnsen. Google or any other big tech firm maintains a Blacklist that lists suspicious IP addresses of computer systems in data centers that may be trying to trick the human into clicking on advertisements. Google's DoubleClick blacklist alone blocked some 8.9% of data-center traffic back in May. Facebook and Yahoo to Contribute Apart from Goo

The United States has filed criminal charges against Chinese military officials for hacking and cyber espionage against several American companies. This case is first of its own kind in which the prosecutors have formally accused members of a foreign government with economic espionage charges. Attorney General Eric Holder and FBI are expected to reveal the new indictment later this afternoon, in which five officials of China's People's Liberation Army will be named, who are believed to be the current members of Beijing's military establishment. Accused chinese officials allegedly worked for the People's Liberation Army and have spied on U.S companies and stolen trade secrets. The alleged hackers are said to work for the PLA's Unit 61398 in Shanghai. Among the trade secrets, they are also accused for stealing information about a nuclear power plant design and a solar panel company's cost and pricing data, " They used military and intelligence faci

A computer hacker linked to the group known as Anonymous and LulzSec  pleaded guilty on Tuesday to breaking into Stratfor , a global intelligence company.  Hammond, 28, was arrested last March and charged with hacking into the computers of Stratfor. Jeremy Hammond and other members of AntiSec , stole confidential information, defaced websites and temporarily put some victims out of business. Authorities say their crimes affected more than 1 million people. Hammond was charged under the controversial 1984 Computer Fraud and Abuse Act, the same law used to charge the late Aaron Swartz and other cyber-activists. The plea agreement could carry a sentence of as much as 10 years in prison, as well as millions of dollars in restitution payments, though Hammond's official sentence won't be handed down until September. Beyond Stratfor, Hammond took responsibility for eight other hacks, all of which involved either law enforcement, intelligence firms or defense contractor webs

The U.S. Department of Justice (DoJ) on Wednesday  indicted  three suspected North Korean hackers for allegedly conspiring to steal and extort over $1.3 billion in cash and cryptocurrencies from financial institutions and businesses. The three defendants — Jon Chang Hyok, 31; Kim Il, 27; and Park Jin Hyok, 36 — are said to be members of the Reconnaissance General Bureau, a military intelligence division of North Korea, also known as the  Lazarus group ,  Hidden Cobra , or Advanced Persistent Threat 38 (APT 38). Accusing them of creating and deploying multiple malicious cryptocurrency applications, developing and fraudulently marketing a blockchain platform, the indictment expands on the  2018 charges brought against Park , one of the alleged nation-state hackers previously charged in connection with the 2014 cyberattack on Sony Pictures Entertainment. A Wide-Ranging Scheme to Commit Cyberattacks and Financial Crimes "North Korea's operatives, using keyboards rather than g

Three, one of UK's biggest mobile operators, has become the latest victim of a massive data breach that reportedly left the personal information and contact details of 6 Million of its customers exposed. The company admitted the data breach late Thursday, saying that computer hackers gained access to a Three Mobile customer phone upgrade database containing the account details of nearly 6 Million customers. According to multiple British  media reports citing both Three and the National Crime Agency ( NCA ), the computer hackers used an employee login to gain entry into its database. The stolen data includes customer names, addresses, phone numbers and dates of birth, which is then used to carry out mobile phone fraud. The company has not yet confirmed the total number of users' affected by the breach, though it assured its customers that no payment data, including bank account numbers and card numbers, has been accessed. According to Three, the hackers had stolen

A Russian national has been found guilty in connection with his role in developing and deploying a malware known as TrickBot, the U.S. Department of Justice (DoJ) announced. Vladimir Dunaev, 40, was  arrested  in South Korea in September 2021 and extradited to the U.S. a month later. "Dunaev developed browser modifications and malicious tools that aided in credential harvesting and data mining from infected computers, facilitated and enhanced the remote access used by TrickBot actors, and created a program code to prevent the TrickBot malware from being detected by legitimate security software," the DoJ  said . "During Dunaev's participation in the scheme, 10 victims in the Northern District of Ohio, including Avon schools and a North Canton real-estate company, were defrauded of more than $3.4 million via ransomware deployed by TrickBot." Dunaev, who pleaded guilty to committing computer fraud and identity theft and conspiracy to commit wire fraud and ban

In a joint effort by several law enforcement agencies from 6 different countries, officials have dismantled a major global organized cybercrime network behind GozNym banking malware . GozNym banking malware is responsible for stealing nearly $100 million from over 41,000 victims across the globe, primarily in the United States and Europe, for years. GozNym was created by combining two known powerful Trojans—Gozi ISFB malware, a banking Trojan that first appeared in 2012 and Nymaim, a Trojan downloader that can also function as ransomware. In a press conference held on Thursday, Europol said the operation was successfully conducted with the cooperation between Bulgaria, Germany, Georgia, Moldova, Ukraine, and the United States. The United States has charged ten members of the GozNym criminal network, 5 of which were arrested during several coordinated searches conducted in Bulgaria, Georgia, Moldova, and Ukraine. However, rest of the five defendants reside in Russia and a

The U.S. Department of Justice (DoJ) on Friday unsealed an indictment against an Iranian national for his alleged involvement in a multi-year cyber-enabled campaign designed to compromise U.S. governmental and private entities. More than a dozen entities are said to have been targeted, including the U.S. Departments of the Treasury and State, defense contractors that support U.S. Department of Defense programs, and an accounting firm and a hospitality company, both based in New York. Alireza Shafie Nasab, 39, claimed to be a cybersecurity specialist for a company named Mahak Rayan Afraz while participating in a persistent campaign targeting the U.S. from at least in or about 2016 through or about April 2021. "As alleged, Alireza Shafie Nasab participated in a cyber campaign using spear-phishing and other hacking techniques to infect more than 200,000 victim devices, many of which contained sensitive or classified defense information,"  said  U.S. Attorney Damian Williams for the So

It's no secret that the internet isn't a very safe place. And it's not hard to understand why. It's a medium that connects billions of people around the world that affords bad actors enough anonymity to wreak havoc without getting caught. It's almost as if the internet's tailor-made to enable scams and fraud. And that's just what it does. Right now, the world's on track to  lose $10.5 trillion every year  to cybercrime. That number is so large that it's hard for the average person to grasp. And when most people hear it, they imagine that money's coming mostly from large-scale data breaches and ransomware attacks on large companies. Although businesses are among the hardest hit each year, they're by no means the only target. Every day, internet users are targeted too. They face barrages of phishing emails, compromised websites, and booby-trapped downloads. But among all of the attacks aimed at rank-and-file users, there's one that stand

The U.S. Department of Justice (DoJ) on Friday charged a Latvian woman for her alleged role as a programmer in a cybercrime gang that helped develop TrickBot malware. The woman in question, Alla Witte , aka Max, 55, who resided in Paramaribo, Suriname, was arrested in Miami, Florida on February 6. Witte has been charged with 19 counts, including conspiracy to commit computer fraud and aggravated identity theft, wire and bank fraud affecting a financial institution, and money laundering. According to heavily redacted court documents released by the DoJ, Witte and 16 other unnamed cohorts have been accused of running a transnational criminal organization to develop and deploy a digital suite of malware tools with an aim to target businesses and individuals worldwide for theft and ransom. Since its origin as a banking Trojan in late 2015,  TrickBot  has evolved into a " crimeware-as-a-service " capable of pilfering valuable personal and financial information and even droppi