Sunday, October 27, 2019

Police database flagged 9,000 cybercrime reports as 'security risk'

Thousands of reports of cybercrime were quarantined on a police database instead of being investigated because software designed to protect the computer system labelled them a security risk.

The backlog at one point stretched to about 9,000 reports of cybercrime and fraud, some of them dating back to October last year. The reports had been made to Action Fraud and handed to the National Fraud Intelligence Bureau (NFIB), run by the City of London police.

A woman types on a laptop

Sunday, October 20, 2019

Cybercrime Tool Prices Bump Up in Dark Web Markets

A report reveals data, services and toolkits available for cybercriminals are becoming more expensive and sophisticated.

Prices have been rising in the last two years for longstanding tools available on the Dark Web to help bad actors commit cyber attacks and fraud, alongside newer innovations that are emerging to bolster crimes like ransomware and SIM swapping, new research has found.

Keeping track of these trends in dark-web markets for the tools and data cybercriminals depend on to commit nefarious acts can be a key indicator of where the next attacks will occur, according to a new Flashpoint report, “Pricing Analysis from Goods in the Cybercrime Communities.”

Monday, October 14, 2019

Cyber-criminals are threat to society, warns forensics boss

A senior manager at Eurofins, the UK's biggest forensic services provider which was hit by a cyber-attack in June, has warned the country to "ready itself" for further attacks.

A ransomware virus infected the firm's computer systems, laboratory work was suspended for seven weeks and police investigations and trials were delayed.

In his first interview since the incident, Mark Pearse told BBC News it could happen to any organisation.

Evidence bag and lab equipment

Two arrested in Cork after FBI and Garda cybercrime investigation

 Two people have been arrested in Cork on Thursday as part of a major Garda and Federal Bureau of Investigation (FBI) investigation into tra...