Tag Archives: Cybercrime

Drugs and Cybercrime Market Busted By German Cops

German police claim to have disrupted the country’s most popular underground market for drugs and cybercrime.

Düsseldorf police said it had been collecting evidence “for years” about Crimemarket: an online marketplace where users traded drugs, weapons and illicit services such as money laundering and cybercrime.

The police said late last week that Crimemarket had over 180,000 registered users and could be accessed via both the dark web and freely via the publicly accessible surface web (“clearnet”).

“On Thursday, February 29, 2024, a total of 102 search warrants were executed nationwide at the same time in the evening,” a police notice read.

“The local focus of the measures was primarily in North Rhine-Westphalia with 36 search objects. A total of three people were…


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Top US internet hosting company acting as global cybercrime center

A well-known US web hosting company has been found to be providing its services to more than 20 state-sponsored hacking groups, including those working for China, North Korea, and Russia.

Cybersecurity researchers from Halcyon reported a company called Cloudzy was either “knowingly or unwittingly” providing its servers for command-and-control functionality to well-known state-sponsored hacking collectives. Among its customers are APT10 (China), Kimsuky (North Korea), Turla, Nobelium, and FIN12 (Russia). 


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DOJ Cybercrime Watchdog’s First Settlement Signals Crackdown on Small Businesses

The U.S. Justice Department’s new Civil-Cyber Fraud Initiative announced its first settlement last month in a novel action that brought false claims allegations over infosec failures against, notably, a sole proprietor. The case, which resulted in a nearly $300,000 penalty for the Florida-based web hosting company Jelly Bean Communications Design and its one full-time employee, suggests that the federal government’s clampdown on cybersecurity lapses and misdeeds will spare no offenders, irrespective of size.  
 
The Jelly Bean settlement also underscores the government’s wide array of mechanisms to enforce cybersecurity violations and misrepresentations. It resolves civil charges under the False Claim Act (FCA) for Jelly Bean’s failure to provide HIPAA-compliant website…


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Trend Micro Research Uncovers The Business Infrastructure Of Cybercrime

DALLAS, July 21, 2020 /PRNewswire/ — Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released new insights analyzing the market for underground hosting services and detailing how and where cybercriminals rent the infrastructure that hosts their business. This first report of a planned three-part series details the market for buying and selling these services, which are the backbone of every other aspect of the cybercriminal business model, whether that includes sending spam, communicating with a command and control server, or offering a help desk for ransomware.

Over the past five years, increased use and abuse of compromised assets has formed a whole new market. There are varied types of underground hosting and associated…


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