It has been difficult to put a face (and even a name) on the people behind cybercrime. But while most people may remark on the complexities of investigating online crime, there exists hope in the recent update to the long drawn-out story of the 419 Nigerian scammers. (The 419 scam was so called because of…Read More
“…In the discharge of my duty, I stumbled on this domiciliary account that has remained dormant for three years now with eight million, five hundred thousand United States dollars ($8.5M) in it…. That my purpose of contacting you is because the deceased has the same name with you…” is just a pinch of lots of…Read More
With the 2010 FIFA World Cup less than two months away, cybercriminals (as expected) are banking on this prestigious international football event to trick users. TrendLabsSM spotted the latest threat involving this, and it came in the form of an email message currently being spammed in the wild. The spam carried a .PDF file attachment which…Read More
On November 30th, an international law enforcement operation stamped out Avalanche, a large-scale content and management platform designed for the delivery of bullet-proof botnets. Avalanche’s scale and scope spanned victims from 180 countries, over 800,000 domains in 60+ top-level domains (TLD), more than one million phishing and spam e-mails, 500,000 infected machines worldwide, and 130TB of captured and analyzed data.
The coordinated effort from international law enforcement agencies that include Germany’s Public Prosecutor’s Office Verden and the Lüneburg Police, the U.S.’s Attorney Office for the Western District of Pennsylvania, Department of Justice and the Federal Bureau of Investigation (FBI), Europol, and Eurojust as well as partners in ShadowServer, resulted in one of the most successful anti-cybercrime operations in recent years.Read More
There’s a reason why the FBI estimates that the average loss caused by Business Email Compromise (BEC) to be $130,000 per company. Employees are not familiar with current social engineering strategies, and the network setup is not equipped enough to keep the threat from getting in the network. And this same situation is clearly depicted in an ongoing BEC campaign targeting companies in the US, Middle East, and Asia.
The attack, which has been traced back to Lagos and Kuala Lumpur, targets companies from several industries such as real estate, manufacturing, and construction.Read More