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A week in security (November 26 – December 2)

Credit to Author: Malwarebytes Labs| Date: Mon, 03 Dec 2018 17:06:04 +0000

A roundup of last week’s security news from November 26 until December 2, including the Marriott breach, AV testing, 2019 security predictions, and an ad fraud botnet takedown.

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The post A week in security (November 26 – December 2) appeared first on Malwarebytes Labs.

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IndependentKrebs

How Do You Fight a $12B Fraud Problem? One Scammer at a Time

Credit to Author: BrianKrebs| Date: Thu, 25 Oct 2018 16:11:57 +0000

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. Combating such a multifarious menace can seem daunting, but in truth it calls for concerted efforts to tackle the problem from many different angles. This post examines the work of a large, private group of volunteers dedicated to doing just that.

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IndependentKrebs

Mirai Botnet Authors Avoid Jail Time

Credit to Author: BrianKrebs| Date: Wed, 19 Sep 2018 16:54:40 +0000

Citing “extraordinary cooperation” with the government, a court in Alaska on Tuesday sentenced three men to probation, community service and fines for their admitted roles in authoring and using “Mirai,” a potent malware strain used in countless attacks designed to knock Web sites offline — including an enormously powerful attack in 2016 that sidelined this Web site for nearly four days.

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IndependentKrebs

FBI Warns of ‘Unlimited’ ATM Cashout Blitz

Credit to Author: BrianKrebs| Date: Mon, 13 Aug 2018 00:28:11 +0000

The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an “ATM cash-out,” in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours.

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