Cybercrime

Court shutters NY co. selling security software with "no value"

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A federal court shut down Pairsys at the request of the Federal Trade Commission.

Bulgarian national sentenced 30 months for role in ID theft ring

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Aleksi Kolarov was a vendor on Shadowcrew.com, an online cybercrime marketplace that sold stolen credit and bank cards and caused millions of dollars in damages.

ISA president urges state AGs to expand understanding of cybercrime

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Speaking at a National Association of State Attorneys General conference, ISA's Larry Clinton asked the AGs to step up efforts to get more resources.

Woman charged with using spyware on former cop

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Kristin Nyunt of Monterey, Calif., is charged with two counts of illegal wiretapping and possession of illegal interception devices and faces a sentence of up to five years in prison.

Online fraud detection: Three recommendations

Online fraud detection: Three recommendations

Fraud managers have the thorny task of safeguarding their organizations and its customers against fraudsters. New best practices in online fraud detection (OFD) have emerged that advocate a "five layer model."

Pennyslvania man sentenced after 'swatting' prank

Pennyslvania man sentenced after 'swatting' prank

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David Barnhouse was sentenced to 18 months in prison after he hacked into a neighbor's Verizon FiOS router to post a bomb threat on a Pennsylvania mall's website.

Hacker sentenced to 30 months in prison and $300k restitution

Hacker sentenced to 30 months in prison and $300k restitution

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Lamar Taylor was sentenced in New Jersey this past week for allegedly participating in a cybercrime scheme that accounted for more than $15 million.

FireEye pegs top Java exploits and EKs using them

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A report details the three most commonly exploited Java bugs affecting users.

N.M. man, who intercepted governor's emails, sentenced to nine months

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Jaime Estrada was sentenced to nine months in prison and was ordered to pay a $10,000 fine.

Suspected POS hacker Seleznev faces slew of new charges

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Roman Seleznev is now charged in a 40-count indictment brought by a federal grand jury in Seattle.

Australian Broadcasting Company taken off air by ransomware attack

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The company said it fell victim to a phishing email campaign that spread ransomware.

Study: Average cost of U.S. cybercrime rises to $12.7 million in 2014

Study: Average cost of U.S. cybercrime rises to $12.7 million in 2014

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A new study from the Ponemon Institute found that the cost of cybercrime continued its upward trend this year with attackers deploying more complex attacks.

Group infects more than 500K systems, targets banking credentials in U.S.

Group infects more than 500K systems, targets banking credentials in U.S.

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The group has infected more than 500,000 unique systems with Qbot malware and has sniffed conversations, including account credentials, for roughly 800,000 online banking transactions.

iCloud hacker releases new series of celebrity nude images

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Another wave of celebrity nude images hit the internet on Sunday just days after Google took action to remove some of the previously leaked photos.

FBI offers $5K reward for 'Most Wanted Cyber Fugitive'

FBI offers $5K reward for 'Most Wanted Cyber Fugitive'

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John Gordon Baden is wanted for stealing thousands of people's personal information and using it to make fraudulent purchases.

Pakistani man indicted over spyware app creation

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Hammad Akbar created StealthGenie, which allowed the purchaser to secretly monitor a cell phone's communications.

Four men charged with stealing Microsoft and U.S. Army trade secrets

Four men charged with stealing Microsoft and U.S. Army trade secrets

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The young men allegedly used SQL injection and stolen logins to gain access to systems at various companies and steal their intellectual property.

Cash is king...for now

Cash is king...for now

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A slide of a card at a POS system sure is convenient, but given last year's Target data theft and recent headlines about the Home Depot breach, some are questioning the safety of transactions.

Bridging the talent gap in health care

Bridging the talent gap in health care

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Cybercriminals are primarily after patient data as it really gets them more money.

Home Depot breach leads to fraudulent transactions, class-action lawsuits

Home Depot breach leads to fraudulent transactions, class-action lawsuits

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The retailer's massive breach has spawned multiple lawsuits and reports of fraudulent transactions.

IT manager pleads guilty in Liberty Reserve case

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Maxim Chukharev pleaded guilty in federal court to charges stemming from his role in Liberty Reserve's ascent to bank of choice for underworld criminals.

Texas man ordered to pay $40.4M for Bitcoin Ponzi scheme

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Trendon T. Shavers pocketed more than $101 million after convincing Bitcoin owners to invest in his phony firm.

Chinese hackers breach 50 U.S. gov't contractors' systems in one year

Chinese hackers breach 50 U.S. gov't contractors' systems in one year

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A new report from the U.S. Senate Armed Services Committee found that multiple successful attempts were made to access and steal information from contractors' systems, and often times, the government didn't know it happened.

Two Russian cybercriminals nabbed in Android malware scheme

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Two men were arrested for stealing money from victims' bank accounts after sending malicious emails offering a romantic gift.

Nigerian police search for ringleader in major bank heist

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The suspect, Godswill Oyegwa Uyoyou, conspired with others to hack bank systems and divert 6.28 billion Naira to mule accounts.

Former CTO of Liberty Reserve pleads guilty in New York

Former CTO of Liberty Reserve pleads guilty in New York

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Mark Marmilev pleaded guilty on Thursday for his part in a money laundering conspiracy.

21-year-old 'swatting' suspect arrested in Connecticut

21-year-old 'swatting' suspect arrested in Connecticut

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Matthew Tollis is thought to have participated in multiple swatting Skype calls that targeted Harvard University and Boston University, among others.

U.K. man, who obtained bank details of 28K, pleads guilty to blackmail

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The 22-year-old man, Lewys Martin, pleaded guilty in London last week.

Activist hacker Hammond sentencing delayed two months

The sentencing for Jeremy Hammond has been delayed until Nov. 15, The Sparrow Project reported.

Barrett Brown pleads innocent following third indictment

Barrett Brown, who sometimes publicly spoke for the Anonymous collective, pleaded innocent on Wednesday in Dallas federal court to new charges that he concealed evidence, apparently related to a raid on his apartment earlier this year, according to a report.

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