In a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims.
With the proliferation of shadowy black markets on the so-called “darknet” — hidden crime bazaars that can only be accessed through special software that obscures one’s true location online — it has never been easier for disgruntled employees to harm their current or former employer. At least, this is the fear driving a growing stable of companies seeking technical solutions to detect would-be insiders.
Microsoft today released updates to address more than three dozen security holes in Windows and related software. Meanwhile, Adobe — which normally releases fixes for its ubiquitous Flash Player alongside Microsoft’s monthly Patch Tuesday cycle — said it’s putting off today’s expected Flash patch until the end of this week so it can address an unpatched Flash vulnerability that already is being exploited in active attacks.
The Internal Revenue Service has re-enabled a service on its Web site that allows taxpayers to get a copy of their previous year’s tax transcript. The renewed effort to beef up taxpayer authentication methods at irs.gov comes more than a year after the agency disabled the transcript service because tax refund fraudsters were using it to steal sensitive data on consumers.
In the wake of megabreaches at some of the Internet’s most-recognized destinations, don’t be surprised if you receive password reset requests from numerous companies that didn’t experience a breach: Some big name companies — including Facebook and Netflix — are in the habit of combing through huge data leak troves for credentials that match those of their customers and then forcing a password reset for those users.
How much would a cybercriminal, nation state or organized crime group pay for blueprints on how to exploit a serious, currently undocumented, unpatched vulnerability in all versions of Microsoft Windows? That price probably depends on the power of the exploit and what the market will bear at the time, but here’s a look at one convincing recent exploit sales thread from the cybercrime underworld where the current asking price for a Windows-wide bug that allegedly defeats all of Microsoft’s current security defenses is USD $90,000.
If you use an Apple iPhone, iPad or other iDevice, now would be an excellent time to ensure that the machine is running the latest version of Apple’s mobile operating system — version 9.3.1. Failing to do so could expose your devices to automated threats capable of rendering them unresponsive and perhaps forever useless.
The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimates that these scams have cost organizations more than $2.3 billion in losses over the past three years.
Staminus Communications Inc., a California-based Internet hosting provider that specializes in protecting customers from massive “distributed denial of service” (DDoS) attacks aimed at knocking sites offline, has itself apparently been massively hacked. Staminus’s entire network was down for more than 20 hours until Thursday evening, leaving customers to vent their rage on the company’s Facebook and Twitter pages. In the midst of the outage, someone posted online download links for what appear to be Staminus’s customer credentials, support tickets, credit card numbers and other sensitive data.
Email scam artists last week tricked an employee at data storage giant Seagate Technology into giving away 2015 W-2 tax documents on all current and past employees, KrebsOnSecurity has learned. W-2 forms contain employee Social Security numbers, salaries and other personal data, and are highly prized by thieves involved in filing phony tax refund requests with the Internal Revenue Service (IRS) and the states.
