Cyber Crime

Pierluigi Paganini November 18, 2017
City of Spring Hill in Tennessee still hasn’t recovered from ransomware attack

In early November, the City of Spring Hill, Tenn, suffered a ransomware attack, but it still hasn’t recovered from attack attack. In early November, the City of Spring Hill, Tenn, suffered a ransomware attack, but government officials refused to pay a $250,000 ransom demanded by the crooks and attempted to restore the database recovering the content […]

Pierluigi Paganini November 16, 2017
Terdot Banking Trojan is back and it now implements espionage capabilities

The Terdot banking Trojan isn’t a novelty in the threat landscape, it has been around since mid-2016, and now it is reappearing on the scenes. According to Bitdefender experts, vxers have improved the threat across the years, implementing credential harvesting features as well as social media account monitoring functionality. The Terdot banking Trojan is based on the Zeus […]

Pierluigi Paganini November 15, 2017
US retailer Forever 21 Warns customers of payment card breach at some locations

The US clothes retailer FOREVER 21 announced it has suffered a security breach, hackers stole payment card data at some locations. Another data breach made the headlines, this time the victim is the US clothes retailer Forever 21 which announced it has suffered a security breach. According to the company, unknown hackers gain unauthorized access […]

Pierluigi Paganini November 14, 2017
IcedID, a new sophisticated banking Trojan doesn’t borrow code from other banking malware

Researchers at IBM have spotted a new banking malware dubbed IcedID has capabilities similar to other financial threats like Gozi, Zeus, and Dridex. Malware researchers at IBM X-Force have spotted a new strain of banking malware dubbed IcedID has capabilities similar to other financial threats like Gozi, Zeus, and Dridex. IcedID does not borrow code from other banking malware, but it […]

Pierluigi Paganini November 13, 2017
A China-linked cyber espionage group has been using a new strain of malware dubbed Reaver

Experts at Palo Alto Networks have discovered a new malware family named Reaver with ties to hackers who use the SunOrcal malware. A China-linked cyber espionage group has developed a new strain of malware, dubbed Reaver, that was already observed in highly targeted attacks during 2016. The malware was analyzed by experts at Palo Alto Networks, who spotted […]

Pierluigi Paganini November 13, 2017
The Hilton hotel chain is paying a $700,000 settlement for credit card data breaches

The Hilton hotel chain is paying a $700,000 settlement after being accused of mishandling two separate credit card data breaches. The Hilton hotel chain is paying a $700,000 settlement to the states of New York and Vermont after being accused of mishandling two separate cyber attacks that exposed financial data of its customers. The credit card breaches […]

Pierluigi Paganini November 12, 2017
Avira spotted a new strain of the dreaded Locky Ransomware in the wild

Avira firm detected a new strain of the Locky ransomware that is spreading through malicious attachments disguised as legitimate Libre and Office documents. Researchers at Avira Virus Lab detected a new strain of the Locky ransomware that is spreading through malicious attachments disguised as legitimate documents from productivity applications like Microsoft Word and Libre Office. The new Lock […]

Pierluigi Paganini November 11, 2017
Equifax earnings release: Security breach related expenses cost $87.5 Million in Q3

Equifax announced during the third quarter of 2017, it incurred $87.5 million in expenses related to the cyber attack that was reported in September. It is very difficult to estimate the overall losses caused by a cyber attack because victims incur in direct and indirect costs that aren’t easy to calculate. This week the credit reporting […]

Pierluigi Paganini November 10, 2017
Experts explain the Return on Investments in the cybercriminal underground

How much is the return on investment in the cybercriminal underground? Let’s dig a report recently published by threat intelligence firm Recorded Future to find the answer. Cybercrime is a profitable business and the returns of investments can be enormous, this is what emerged from another interesting research of the threat intelligence firm Recorded Future. […]

Pierluigi Paganini November 10, 2017
Ordinypt is a wiper disguised as ransomware that targets German users

Security experts spotted a new malware dubbed Ordinypt, it is a wiper disguised as ransomware that currently only targets German users The malware researcher Michael Gillespie first reported a new strain of malware called Ordinypt that is currently targeting German users, but unfortunately instead of encrypting users’ files, the malware intentionally destroy them. Tweets by demonslay335 Early this […]