Dyre

April 7, 2016

FBI: $2.3 Billion Lost to CEO Email Scams

This post was originally published on this site The U.S. Federal Bureau of Investigation (FBI) this week warned about a “dramatic” increase in so-called “CEO fraud,” e-mail scams in which the attacker spoofs a message from the boss and tricks someone at the organization into wiring funds to the fraudsters. The FBI estimates these scams have cost organizations more than $2.3 billion in losses over the past three years. In an alert posted to its site, the FBI said that since January 2015, the agency has seen a 270 percent increase in identified victims and exposed losses from CEO scams. […]
July 15, 2016

Cybercrime Overtakes Traditional Crime in UK

This post was originally published on this siteIn a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims. The NCA’s Cyber Crime Assessment 2016, released July 7, 2016, highlights the need for stronger law enforcement and business partnership to fight cybercrime. According […]
November 4, 2016

Ne’er-Do-Well News and Cyber Justice

This post was originally published on this siteWay back in the last millennium when I was a lowly copy aide at The Washington Post, I pitched the Metro Section editor on an idea for new column: “And the Good News Is…” The editor laughed me out of her office. But I still think it’s a decent idea — particularly in the context of cybersecurity — to periodically highlight the good news when people allegedly responsible for spewing so much badness online are made to face justice. NCA officials lead away a suspect arrested in this week’s raids. Image: NCA. In the United Kingdom this week, […]
February 9, 2023

U.S., U.K. Sanction 7 Men Tied to Trickbot Hacking Group

This post was originally published on this siteAuthorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “Trickbot,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. The U.S. Department of the Treasury says the Trickbot group is associated with Russian intelligence services, and that this alliance led to the targeting of many U.S. companies and government entities. Initially a stealthy trojan horse program delivered via email and used to steal passwords, Trickbot evolved into “a highly modular malware suite […]