cost getting hacked

E-commerce sites got infected via their advertising partner

According to security researchers from RiskIQ and Trend Micro, cybercriminals of a new subgroup of Magecart, labeled as “Magecart Group 12,” recently successfully compromised nearly 277 e-commerce websites by using supply-chain attacks. Typically, the Magecart hackers who have carried out attacks against some big businesses including Ticketmaster, British Airways, and Newegg, compromise e-commerce sites and insert malicious JavaScript…

ta505 malware

The latest malware from TA505 has been seen targeting banks, retailers and restaurants

TA505, a well-resourced organized cybercrime ring, is known for ongoing malware authoring and development, with everything from fully-fledged backdoors to what seems like beta-stage code making appearances in its campaigns. A new backdoor named ServHelper, developed by TA505, has been found, acting as both a remote desktop agent as well as a downloader. The primary motive is,…

fbi-ddos

FBI Seizes 15 DDoS-For-Hire Websites

The FBI has seized the domains of 15 high-profile distributed denial-of-service (DDoS) websites after a coordinated effort by law enforcement and several tech companies. The orders were granted under federal seizure laws, and the domains were replaced with a federal notice. Some of the sites named in the indictments reported attacks exceeding 40 gigabits per…

cybersecurity australia

Australia’s controversial anti-encryption bill passes into law

The Australian government has passed the controversial and mind-bogglingly complex Access and Assistance Bill 2018 into law. The opposition Labor party shelved its plans to improve the scheme and waved it through in response to overwhelming pressure from the Liberal-National Coalition government, desperate to see it made law before Christmas. Since it gives authorities the right to demand access to…

network security

Majority of Cybercrime Damage is Caused by a Few, Powerful Criminal Threat Groups

A small subset of professional criminal actors is responsible for the bulk of cybercrime-related damage, employing tools and techniques as sophisticated, targeted and insidious as most nation-state actors, says the State of Cybercrime Report 2018. These sophisticated and capable criminal gangs operate largely outside of the dark web, although they may leverage low-level criminal tools occasionally…