fraud

Pierluigi Paganini July 27, 2014
Nigeria 419 scam targeting business world with RATs

Experts at Palo Alto Networks uncovered a new Nigeria 419 scam scheme which is targeting businesses in a malicous campaign dubbed Silver Spaniel. The Nigeria 419 schema adopted by criminal gangs world wide has been improved by scammers which are also including the use of remote access trojans (RATs). A report published by the Palo […]

Pierluigi Paganini July 05, 2014
Massive Boleto fraud in Brazil caused 3,75 USD billion losses

RSA Security has discovered a large-scale malware campaign, which hijacked Boleto payments causing an amount of financial losses for 3,75 USD billion losses. Security experts at RSA Security have recently discovered a large-scale malware campaign that’s been operating at least for two years, the malicious code implements the man-in-the-browser technique to exploit vulnerabilities in popular browsers, including Chrome, Firefox […]

Pierluigi Paganini July 03, 2014
Geodo, the banking trojan with email self-spreading feature

Security researchers from Seculert firm have discovered a variant of the Cridex banking worm, dubbed Geodo, which spreads itself through email. In the last months a significant number of banking trojans have been proposed by cyber criminal ecosystem, from EMOTET to Dyreza, criminals have used a wide casuistry of techniques to deceive bank customers. The primary purpose of the […]

Pierluigi Paganini June 25, 2014
Luuuk Campaign Steals €500K from an European bank in one week

Security experts at Kasperky Lab has uncovered the Luuuk banking fraud campaign which stolen half a million euros in a single week from a single bank. Experts at Kaspersky Labs discovered new banking Trojan dubbed Luuuk which hit the customers of a single European financial institution. In one week, Luuuk trojan targeted a single European bank, not […]

Pierluigi Paganini June 21, 2014
FBI and NYPD joint effort in a new cybercrime task force

The FBI has formed a new cybercrime task force with the NYPD and the Metropolitan Transit Authority to investigate on cyber crimes. Cybercrime is considered by governments an emergency to mitigate urgently, criminal activities are causing large losses to the global economy as reported in the recent report published by McAfee. The FBI created a […]

Pierluigi Paganini June 13, 2014
Fraud scheme in PayPal allows anyone to increase balance endlessly

Razvan Cernaianu user described a method by which PayPal users could double their amount of money related to their account endlessly. The expert at Cyber Smart Defence TinKode a.k.a Razvan Cernaianu claimed to have found a loophole in the PayPal service, for the precision in its Chargeback Process, which could be exploited by a bad actor to increase his balance […]

Pierluigi Paganini June 10, 2014
McAfee report on the Global Cost of Cybercrime

McAfee firm has published a new study titled The Estimating the Global Cost of Cybercrime which provides an evaluation of costs for illicit activities. McAfee issued a new report estimating the global cost of cybercrime, a lucrative industry that despite partial data could be costing the world economy as much as $575 billion annually. The Estimating the Global Cost […]

Pierluigi Paganini June 04, 2014
Soraya PoS Malware, a new start in criminal ecosystem

Security experts at Arbor Networks have discovered a new type of PoS malware called Soraya that implements memory scraping and Web forms grabbing. During 2013 security experts have discovered numerous malware targeting point-of-sale systems, BlackPOS, Dexter and vSkymmer are just some example of malicious code detected in the last 12 months. Researchers at Arbor Networks have discovered a […]

Pierluigi Paganini April 18, 2014
US retailer Michaels Stores confirms card data breach

After Target and Neiman Marcus, also US retailer Michaels Stores confirms card data breach occurred early this year, the second one in the company hystory. Early this year was spread the news that Michaels Stores Inc, the biggest U.S. arts and crafts retailer, was the victim of a severe data breach. Michaels Stores Inc. retailer was […]

Pierluigi Paganini March 29, 2014
Reading the Global Threat Intelligence Report (GTIR)

The Global Threat Intelligence Report (GTIR) addresses the security challenges of organizations globally analyzing 3 billion worldwide attacks occurred in 2013. The NTT Innovation Institute has released the new Global Threat Intelligence Report (GTIR), a document structured to raise awareness of the rapidly evolving global threat landscape. The GTIR was based on threat intelligence and attack data from […]