FIN7 Cybercrime Group Likely Behind Black Basta Ransomware Campaign
Several artifacts from recent attacks strongly suggest a connection between the two operations, researchers say.
Cybercrime includes illegal digital activity such as hacking, fraud, and extortion, posing risks to data, systems, finances, and public safety.
Search across headline titles and summaries.
Background for this topic.
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.
Several artifacts from recent attacks strongly suggest a connection between the two operations, researchers say.
Confused economies and rising unemployment rates foster a rich opportunity for cybercrime recruitment.
Vulnerable people are lured by Facebook ads promising high-paying jobs, but instead they're held captive and put to work in Cambodia running cyber scams.
The Emotet malware operation is again spamming malicious emails after almost a four-month "vacation" that saw little activity from the notorious cybercrime operation. [...]
The Emotet malware operation is again spamming malicious emails after almost a five-month "vacation" that saw little activity from the notorious cybercrime operation. [...]
The group banded together to engage in a sophisticated cybercrime and tax fraud scheme
Jon Clay, VP of Threat Intelligence at Trend Micro, explores the latest Trend Micro Research covering Access as a Service (AaaS), an emerging business model selling all-access passes to other cyber criminals.
A 26-year-old Ukrainian man is awaiting extradition to the United States on charges that he acted as a core developer for Raccoon, a "malware-as-a-service" offering that helped paying customers steal passwords and financial data from millions of cybercrime victims. KrebsOnSecurity has learned that the defendant was busted in March 2022, after fleeing mandatory military service in Ukraine in the weeks following the Russian invasion.
When looking at the scale and scope of worldwide cybercrime, password attacks are the most commonly observed type of threat in a given 60-second period.