One day at the dawn of the 1980s, an FBI agent in his 30s named Rick Smith walked into the Balboa Café, an ornate, historic watering hole in San Francisco’s leafy Cow Hollow neighborhood. Smith, who was single at the time, lived nearby and regularly frequented the spot.
As he approached the oak wood bar to order a drink he suddenly spotted a familiar face — someone Smith had met about a year before, after the man had walked into the Soviet Consulate in San Francisco. He was Austrian by birth, but a denizen of Silicon Valley, an entrepreneur who operated as a middleman between American tech companies and European countries hungry for the latest hi-tech goods.
Chinese hacking group Evasive Panda compromises ISP to push malware, targeting companies through DNS poisoning and insecure update mechanisms.
A massive Magniber ransomware campaign is underway, encrypting home users' devices worldwide and demanding thousand-dollar ransoms to receive a decryptor.
Magniber launched in 2017 as a successor to the Cerber ransomware operation when it was spotted being distributed by the Magnitude exploit kit.
Since then, the ransomware operation has seen bursts of activity over the years, with the threat actors utilizing various methods to distribute Magniber and encrypt devices. These tactics include using Windows zero-days, fake Windows and browser updates, and trojanized software cracks and key generators.
The Toronto Police Service is making the public aware of 10 arrests made and 108 charges laid in a major SIM swap fraud investigation dubbed Project Disrupt.
On Thursday, August 1, 2024, Detective David Coffey, from the Financial Crimes Unit, and Detective Constable Michael Gow, from the Coordinated Cyber Center (C3), held a news conference about Project Disrupt.
