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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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If the price looks too good to be true, it probably is Ukrainian cops have arrested two suspects and detained 10 others for their alleged roles in a cybercrime gang that used phishing scams and phony online marketplaces to steal more than $4.3 million from over 1,000 victims across Europe.…

Krebs on Security 3 years, 3 months ago

German Police Raid DDoS-Friendly Host ‘FlyHosting’

Authorities in Germany this week seized Internet servers that powered FlyHosting, a dark web service that catered to cybercriminals operating DDoS-for-hire services. Fly Hosting first advertised on cybercrime forums in November 2022, saying it was a Germany-based hosting firm that was open for business to anyone looking for a reliable place to host malware, botnet controllers, or DDoS-for-hire infrastructure.

Mandiant identifies 'moderately sophisticated' but 'prolific' APT43 as global menace Google Cloud's recently acquired security outfit Mandiant has named a new nasty from North Korea: a cyber crime gang it calls APT43 and accuses of a five-year rampage.…