These ransomware criminals lost millions of dollars in payments when researchers secretly found mistakes in their code

A major ransomware operation was prevented from making millions of dollars after cybersecurity researchers discovered a flaw in the ransomware that enabled encrypted files to be recovered without paying a ransom to…

Millions of Android Users Scammed in SMS Fraud Driven by Tik-Tok Ads

UltimaSMS leverages at least 151 apps that have been downloaded collectively more than 10 million times, to extort money through a fake premium SMS subscription service. Threat actors are using…

Ransomware has proliferated because it's 'largely uncontested', says GCHQ boss

GCHQ director Sir Jeremy Fleming. Image: Getty If you’ve wondered why ransomware has proliferated in recent years, it’s because until recently it has remained unchallenged, according to Sir Jeremy Fleming,…

GCHQ Boss: Ransomware Has Doubled in a Year

GCHQ Boss: Ransomware Has Doubled in a Year The volume of ransomware attacks on UK organizations has doubled over the past year, a British spy chief has warned. Director of…

BEC Costs UK Firms £140M Over Past Year

BEC Costs UK Firms £140M Over Past Year Reported business email compromise (BEC) incidents have hit 4600 cases over the past 12 months, costing individuals and businesses £138m in losses,…

Austrac limited when regulating overseas terrorism financing via online platforms

Representatives from the Australian Transaction Reports and Analysis Centre (Austrac) on Monday said far-right extremists were increasingly using online platforms, such as Telegram and cryptocurrency exchange platforms, to fund their…

Countries Ranked According to Online Risks

Countries Ranked According to Online Risks The considerable variation in risks faced by internet users worldwide has been laid bare by a new study by anti-fraud vendor SEON. Combining data from five cybersecurity…

DarkSide Ransomware Gang: New Activity Indicates a Rush to Cash Out Bitcoin

It has been observed a recent activity associated with a wallet owned by the DarkSide ransomware gang. It seems that its operators want to cash out $7 million in Bitcoin…

BlackMatter Bug Saved Victims Millions in Ransom Payments

BlackMatter Bug Saved Victims Millions in Ransom Payments Security researchers claim to have saved BlackMatter ransomware victims millions over the past few months after exploiting a bug they found in…

FIN7 Lures Unwitting Security Pros to Carry Out Ransomware Attacks

The infamous Carbanak operator is moving is looking to juice its ransomware game by recruiting IT staff to its fake Bastion Secure ‘pen-testing’ company. The financially motivated cybercrime gang behind…