Tag Archives: fbi

FBI: Smart Meter Hacks Likely to Spread

April 9, 2012
88 Comments

A series of hacks perpetrated against so-called “smart meter” installations over the past several years may have cost a single U.S. electric utility hundreds of millions of dollars annually, the FBI said in cyber intelligence bulletin obtained by KrebsOnSecurity. The law enforcement agency said this is the first known report of criminals compromising the hi-tech meters, and that it expects this type of fraud to spread across the country as more utilities deploy smart grid technology.

Smart meters are intended to improve efficiency, reliability, and allow the electric utility to charge different rates for electricity at different times of day. Smart grid technology also improves a utility’s ability to remotely read meters to determine electric usage.

Court: 4 More Months for DNSChanger-Infected PCs

March 6, 2012
25 Comments

Millions of PCs sickened by a global computer contagion known as DNSChanger were slated to have their life support yanked on March 8. But an order handed down Monday by a federal judge will delay that event by 120 days to give companies, businesses and governments more time to respond to the epidemic.

The reprieve came late Monday, when the judge overseeing the U.S. government’s landmark case against an international cyber fraud network agreed that extending the deadline was necessary “to continue to provide remediation details to industry channels approved by the FBI.”

‘Biggest Cybercriminal Takedown in History’

November 9, 2011
16 Comments

The proprietors of shadowy online businesses that have become synonymous with cybercrime in recent years were arrested in their native Estonia on Tuesday and charged with running a sophisticated click fraud scheme that infected with malware more than four million computers in over 100 countries — including an estimated 500,000 PCs in the United States. The law enforcement action was the result of a multi-year investigation, and is being called the “biggest cybercriminal takedown in history.”

$72M Scareware Ring Used Conficker Worm

June 23, 2011
14 Comments

Authorities seized computers and servers in the United States and seven other countries this week as part of an ongoing investigation of a hacking gang that stole $72 million by tricking people into buying fake anti-virus products. Police in Ukraine said the thieves fleeced unsuspecting consumers with the help of the infamous Conficker worm, although it remains unclear how big a role the fast-spreading worm played in this crime.

FBI Scrubbed 19,000 PCs Snared By Coreflood Botnet

June 21, 2011
17 Comments

The FBI has scrubbed some 19,000 PCs that were infected with the Coreflood bot malware, the agency told a federal court this week. The effort is part of an ongoing and unprecedented legal campaign to tackle one of the longest-running and most menacing online crime machines ever built.

In April, the Justice Department and the FBI were granted unprecedented authority to seize control over a criminal botnet that enslaved millions of computers and to use that power to disable the malicious software on infected PCs. On April 11, 2011, the U.S. Attorney’s Office for the District of Connecticut was granted authority to seize 29 domain names used to control the daily operations of the botnet, and to redirect traffic destined for the control servers to a substitute server that the FBI controlled. More significantly, the FBI was awarded a temporary restraining order (TRO) allowing it to send individual PCs infected with Coreflood a command telling the machines to stop the bot software from running.

FBI: $20M in Fraudulent Wire Transfers to China

April 27, 2011
51 Comments

The Federal Bureau of Investigation warned this week that cyber thieves have stolen approximately $20 million over the past year from small to mid-sized businesses, through a series of fraudulent wire transfers sent to Chinese economic and trade companies located near the country’s border with Russia.

The FBI said that between March 2010 and April 2011, it identified twenty incidents in which small to mid-sized organizations had fraudulent wire transfers to China, and that the total losses from the fraud was about $11 million. The alert was sent out Tuesday, in cooperation with the Internet Crime Complaint Center and the Financial Services Information Sharing and Analysis Center (FS-ISAC), an industry consortium.

U.S. Government Takes Down Coreflood Botnet

April 14, 2011
28 Comments

The U.S. Justice Department and the FBI this week were granted unprecedented authortiy to seize control over a criminal botnet that enslaved millions of computers and to use that control to disable the malicious software on infected PCs.

The target of the takedown was “Coreflood,” an infamous botnet that first emerged almost a decade ago as a high-powered virtual weapon designed to knock targeted Web sites offline. Over the years, the crooks running the botnet began using it to defraud owners of the victim PCs by stealing bank account information and draining balances.

Fallout from Recent Spear Phishing Attacks?

December 15, 2010
29 Comments

McDonald’s and Walgreens this week revealed that data breaches at partner marketing firms had exposed customer information. There has been a great deal of media coverage treating these and other similar cases as isolated incidents, but all signs indicate they are directly tied to a spate of “spear phishing” attacks against e-mail marketing firms that have siphoned customer data from more than 100 companies in the past few months.