Cyber criminals are laundering billions of ill-gotten gain using crypto currencies like Bitcoin and Monero and in-game currencies for popular online games like World of Warcraft, FIFA Soccer and Grand Theft Auto.
cybercrime
Mirai Botnet Authors Plead Guilty | Krebsonsecurity
Three men have pleaded guilty in U.S. federal court for their role creating and renting out the Mirai botnet, which launched damaging denial of service attacks against the U.S. firm Dyn and other online properties, the website Krebs on Security reports.
It’s the Corruption, Stupid: why Russians aren’t the biggest threat to Election Security
In-brief: Russian hackers aren’t the biggest threat to the security and integrity of elections says Bev Harris of Black Box Voting. Instead, it’s a more common enemy: run of the mill political corruption, mostly at the local level. Also: Eric Hodge of CyberScout talks about the challenges of helping states secure their election systems. Problem number one: recalcitrant voting machine makers.
FBI: Business Email Compromise is a $5 Billion Industry
In-brief: the FBI is warning the public to beware of business email compromise attacks, saying that they have cost U.S. businesses more than $1.6 billion in losses since 2013.
Report: 1.4b Records Exposed Last Year
In-brief: Almost 1.4 billion data records were exposed in 2016, many of them lost as a result of identity theft, the security firm Gemalto reported Tuesday.
