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Cybercrime includes illegal digital activity such as hacking, fraud, and extortion, posing risks to data, systems, finances, and public safety.

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Cybercrime involves illegal activities conducted using computers or networks, such as hacking, identity theft, financial fraud, and distribution of malware. These crimes exploit vulnerabilities in software, hardware, or human behavior to gain unauthorized access, steal data, or disrupt services. Understanding the methods and motives behind cybercrime is essential for identifying relevant threats and attack vectors.

For security practitioners, cybercrime highlights the importance of protecting critical systems against exploitation through strong access controls, timely patching of vulnerabilities, and user awareness training to prevent social engineering attacks. Monitoring for indicators of compromise and analyzing threat intelligence related to cybercriminal tactics can improve detection and mitigation efforts. Effective defense requires a focus on both technical safeguards and operational readiness to respond to evolving criminal techniques.

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Officials accused three Russian nationals, Media Land and ML.Cloud of supporting cyberattacks spanning 21 U.S. states and other countries, resulting in losses surpassing $62 million. The post Russian trio indicted for allegedly running bulletproof hosting providers that spurred cybercrime appeared first on CyberScoop.

Outsider provided phishing kits and infrastructure for cybercriminals to scam victims with lures claiming they missed packages, had unpaid tolls or parking violations. The post FBI takes down massive China-based cybercrime network that caused $1.9B in losses appeared first on CyberScoop.

Oleksii Lytvynenko, a 44-year-old Ukrainian national, admitted to joining the prolific cybercrime group in 2021. Officials said he engaged in cybercrime up until his arrest in Ireland in 2023. The post Conti ransomware group member pleads guilty, faces up to 20 years in prison appeared first on CyberScoop.

Silent Ransom Group isn’t prolific, but it's demonstrated a knack for attacking the legal services sector with an extraordinary dual use of social engineering and in-person visits to victims’ workstations. The post FBI warns US-based law firms to be on the lookout for cybercrime group that steals data in person appeared first on CyberScoop.

Fox Tempest, a financially-motivated threat group, allowed ransomware operators and other cybercriminals to slip malware-laced software past security controls. The post Microsoft disrupts cybercrime service that abused software verification systems en masse appeared first on CyberScoop.

The executive order finally calls cyber-enabled fraud what it is: transnational organized crime. Now the U.S. has to act like it—and the private sector has to stop settling for defense-only while the criminal infrastructure stays intact. The post Washington is right: Cybercrime is organized crime. Now we need to shut down the business model appeared first on CyberScoop.