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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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Law enforcement arrested two operators of the LockBit ransomware gang in Poland and Ukraine, created a decryption tool to recover encrypted files for free, and seized over 200 crypto-wallets after hacking the cybercrime gang's servers in an international crackdown operation. [...]

Law enforcement arrested two operators of the LockBit ransomware gang in Poland and Ukraine, created a decryption tool to recover encrypted files for free, and seized over 200 crypto-wallets after hacking the cybercrime gang's servers in an international crackdown operation. [...]

Bank Info Security 2 years, 4 months ago

Ransomware Experts See Problems With Banning Ransom Payments

Would Criminals Care? Might Victims Still Pay? Would Hospitals Be Exempt?As the damage caused by ransomware and profits flowing to attackers reaches record levels, a panel of cybersecurity and policy experts reviewed what it might take to ban ransom payments and whether such a ban might take a bite out of cybercrime or have unwelcome consequences.