Peter Clatworthy, a 19-year-old who lives in Billborough, which is near Nottingham, UK, spent £450 (roughly US$749.02) on an Xbox One. Or so he thought. Turns out, what he ended up buying was a picture of an Xbox One.
The ad for the Xbox One was posted on eBay and although the ad was a little suspicious, Clatworthy brushed it off anyway because it was still a little cheaper than the rest of the Xbox Ones on there.…Read More »
Bitcoin, which has seen a meteoric rise in value over the past year, is also fast attracting criminals and there have been a string of robberies lately involving the digital currency.
In the past two months alone there have been several robberies.…Read More »
Canadian authorities recently busted a child pornography business that spanned countries worldwide. As a result of the three-year investigation, 348 people — 108 Canadians, 76 U.S. citizens, and 164 citizens from various countries — have been arrested and over 300 children saved.…Read More »
Sad times for an Australian 18-year-old, who goes by the name TradeFortress and managed to lose $1 million in Bitcoin. The money was stolen (read: hacked) from an online Bitcoin bank he controlled, so right away the logical decision here is to contact the police, but it seems he’s a bit hesitant to travel on that route.…Read More »
It seems that iosHunt isn’t the only site to have had a resurrection as of late. Silk Road is back and those currently running it claim that it will be much harder to shut down than the first one was.
The first version of the site was shut down in October by the FBI.…Read More »
When it comes to Kickstarter, it is clear that not every campaign might turn out well in the end. This means that folks must take great care along with doing the research before making a pledge. However, we never thought Kickstarter would reach a point where campaign creators have to worry about who is making a pledge in fears of being scammed.…Read More »
Vladimir Kats, one of the seven men associated with creating Liberty Reserve (an online bank), has pled guilty to money laundering and operating an unlicensed money transmitting business. He has admitted to creating the digital money transfer system, a system proven to have been used to provide cybercriminals with methods to launder their proceeds.…Read More »
Three men stole credit card information from a Nordstrom department store in Florida by installing keyloggers, according to a report by KrebsOnSecurity. The accompanying police report alleges the men plugged standard keyloggers into the back of cash registers and later returned to remove them and the associated data.…Read More »
Hugo Teso is a security researcher at N.Runs, a Germany-based IT consultancy firm. He is also a licensed commercial pilot. So he did what any other regular person would do with two seemingly unrelated interests: use one to exploit the other.…Read More »
Is China innocent? New reports claim cyber attacks on Facebook, Twitter, and Apple came from Eastern Europe
After recent cyber attacks on high-profile companies like Facebook, Twitter and then Apple, everyone seemed to be pointing fingers at China. But now reports have surfaced claiming that the attacks on those companies originated from Eastern Europe.
An Eastern European gang, that is determined to sell company secrets like research and other confidential information in the underground market, is responsible for the attacks according to the reports. …Read More »
Cyberattacks on the US have been traced, and all signs point to the Chinese military and a single building in China [Report]
According to report by the BBC, the origins of the unusually numerous and high-profile attacks on US companies has been found. It is indeed coming from somewhere in China — Shanghai to be exact. But it doesn’t stop there.
According to Mandiant, a US-based cyber security firm, believes that there’s a secret branch in China’s military dedicated to cyber-theft and they’re located in the building pictured below:
It also doesn’t help that the BBC’s John Sudworth was detained while trying to film the alleged hub of the hacking operation.…Read More »
In a statement released yestreday, Apple has disclosed that a number of their employees’ Macs have been compromised by malware through a vulnerability in the Java plug-in for browsers.
The website that was infected and considered responsible for hosing the malware has been identified as ‘iPhoneDevSDK’, an online forum for software developers.…Read More »
The Singapore Police Force has reported a sudden rise in the number of “cyber blackmail” cases being reported. The cases are also similar in that the primary target are men, and that they are tricked through social media networks.
There have been 50 cases in the last year alone that involve women luring men through social networks like Facebook, then initiating cyber sex sessions over video chat.…Read More »