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Alleged REvil hackers charged in court

Eight people have been charged by Moscow court for their alleged involvement in the REvil ransomware gang, Russian News Agency (TASS) reported. The arrests were made as part of a larger raid on Friday across 25 locations in Moscow, St. Petersburg and Lipetsk. The men were charged on Saturday with violating Part 2 of Article 187 of Russia's Criminal Code, referring to the "illegal circulation of payments." As a result, they are facing up to seven...

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Researchers Uncover Zero-Day Vulnerability on Cisco Routers

Researchers at Broadband Genie have found that millions of Wi-Fi routers in the UK are left vulnerable to threats because their owners don't take the basic security measures to protect them. Broadband Genie surveyed 1,320 broadband users, with 88% stating that they have never updated their Wi-Fi router's firmware, while 84% have never even bothered changing the router's admin password. When asked why they were not taking these precautions, 73% revealed that they simply didn't...

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Pink mail box on a pink background with open letterbox

A London-based cyber fraudster who targeted 670 women, including one who was terminally ill, has been arrested by UK police and pleaded guilty to fraud and money laundering charges. Taking more than £20,000 from his marks, Osagie Aigbonohan operated out of a flat in Abbey Wood, London.   Police arrested Aigbonohan in July 2021 after he was found with a fake driving licence and overstaying his visa in the UK for two years. “Romance fraud...

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The view of earth from space

The Federal Communications Commission (FCC) has called for more in-depth requirements for data breach reporting in the telecommunications industry. The proposal follows the recent increase of attacks seen in the telecommunications sector. The proposal was shared on Wednesday by the Chairwoman of the FCC, Jessica Rosenworcel, in a Notice of Proposed Rulemaking (NPRM). The proposal outlined that the first step the FCC intends to take will be to change the rules for alerting customers and...

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Ukrainian government targeted in cyberattack

Over a dozen Ukrainian government website have been down since Friday, following a cyber-attack that also targeted the embassies. Among the embassies impacted were the UK, US and Sweden, as well as the foreign and education ministries. It is still unclear who is behind the attack. Before the website went down a message appeared on the screens of those affected with a warning that said "prepare for the worst." A spokesperson has said previous cyber-attacks...

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EU to launch Cyberattack simulations on supply chains

Later this week, EU governments will be staging a large-scale cyberattack against multiple of the member states. The attacks will specifically target supply chains and will aim to push governments to coordinate public communications and a diplomatic response. This exercise will last around six weeks and its purpose is to test Europe's stress resilience, strengthen government preparedness and cooperation and improve the overall joint response to such incidents. This simulation comes amid growing anxiety surrounding...

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Several EA accounts compromised by phishing mails

Recently, it has been revealed that several EA Sports accounts were compromised by hackers via phishing techniques. The threat-actors exploited EA's live chat, targeting high-profile players for account takeover. The attackers utilised social engineering methods, exploiting errors within the customer experience team and using this to bypass two-factor authentication. As a result, EA has released their strategy on how to prevent similar issues going forward and better secure player accounts. The steps are outlined below:...

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Network

New data has found that the number of global weekly cyberattacks has reached the highest record to date. The data has shown that there were 925 attempts per organization in Q4 2021. The data also revealed that the number of attempted attacks has been on a steady increase since Q2 2020, having seen 50% more attacks per week on corporate networks in 2021 in comparison to 2020. The data from CheckPoint was gathered from millions...

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£92m lost to romance scammers in 2021

Users of dating sites have been warned to be weary of romance scams between Christmas Day and Valentine's Day. This is because during this time, scammers are out in full force seeking to establish contact and build rapport with victims and extort them for money. According to the National Fraud Intelligence Bureau (NFIB), just last year, losses soared from £8.7m last March to £14.6m in May. Losses for the entire year were recorded at astonishing...

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Woman sitting by computer with lots of cash around her - cybercriminal

Distributed denial-of-service (DDoS) attacks are increasingly being accompanied by huge demands against their marks, according to an annual survey from Cloudflare. Ransom-motivated DDoS attacks increased 29% year-on-year and 175% between Q3 2021 and Q4 2021, according to the research on cyberattack trends showing that companies must do more to prevent DDoS attack vectors. The manufacturing industry was the most targeted vector in Q4 of 2021 by application-layer DDoS attacks, racking up a concerning seven-fold (641%)...

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