Category: cybercrime

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Cybercriminals Infiltrating E-Mail Networks to Divert Large Customer Payments

Posted on By infossl
cybercrime, email, fraud, maninthemiddleattacks, Security technology

There’s a new criminal tactic involving hacking an e-mail account of a company that handles high-value transactions and diverting payments. Here it is in real estate: The scam generally works like this: Hackers find an opening into a title company’s or realty agent’s email account, track upcoming home purchases scheduled for settlements — the pricier … Read More “Cybercriminals Infiltrating E-Mail Networks to Divert Large Customer Payments” »

Analyzing Cyber Insurance Policies

Posted on By infossl
academicpapers, cybercrime, denialofservice, hacking, insurance, Security technology

There’s a really interesting new paper analyzing over 100 different cyber insurance policies. From the abstract: In this research paper, we seek to answer fundamental questions concerning the current state of the cyber insurance market. Specifically, by collecting over 100 full insurance policies, we examine the composition and variation across three primary components: The coverage … Read More “Analyzing Cyber Insurance Policies” »

Hackers Threaten to Erase Apple Customer Data

Posted on By infossl
apple, backups, cloudcomputing, crime, cybercrime, extortion, hacking, Security technology

Turkish hackers are threatening to erase millions of iCloud user accounts unless Apple pays a ransom. This is a weird story, and I’m skeptical of some of the details. Presumably Apple has decided that it’s smarter to spend the money on secure backups and other security measures than to pay the ransom. But we’ll see … Read More “Hackers Threaten to Erase Apple Customer Data” »

Duqu Malware Techniques Used by Cybercriminals

Posted on By infossl
cybercrime, kaspersky, malware, nsa, Security technology, stuxnet, zeroday

Duqu 2.0 is a really impressive piece of malware, related to Stuxnet and probably written by the NSA. One of its security features is that it stays resident in its host’s memory without ever writing persistent files to the system’s drives. Now, this same technique is being used by criminals: Now, fileless malware is going … Read More “Duqu Malware Techniques Used by Cybercriminals” »

Malicious AI

Posted on By infossl
academicpapers, artificialintelligence, courts, crime, cybercrime, Security technology, socialengineering

It’s not hard to imagine the criminal possibilities of automation, autonomy, and artificial intelligence. But the imaginings are becoming mainstream — and the future isn’t too far off. Along similar lines, computers are able to predict court verdicts. My guess is that the real use here isn’t to predict actual court verdicts, but for well-paid … Read More “Malicious AI” »

The Culture of Cybersecurity

Posted on By infossl
academicpapers, cybercrime, cybersecurity, norway, Security technology

Interesting survey of the cybersecurity culture in Norway. 96% of all Norwegian are online, more than 90% embrace new technology, and 6 of 10 feel capable of judging what is safe to do online. Still cyber-crime costs Norway approximately 19 billion NKR annually. At the same time 73.9% argue that the Internet will not be … Read More “The Culture of Cybersecurity” »

Cybercrime as a Tax on the Internet Economy

Posted on By infossl
cybercrime, economicsofsecurity, liarsandoutliers, mcafee, Security technology

I was reading this 2014 McAfee report on the economic impact of cybercrime, and came across this interesting quote on how security is a tax on the Internet economy: Another way to look at the opportunity cost of cybercrime is to see it as a share of the Internet economy. Studies estimate that the Internet … Read More “Cybercrime as a Tax on the Internet Economy” »