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X @The Economist
The Economist· 2025-10-11 08:30
Cybercrime has long been dominated by thieves who set out to steal information for profit. Now they’re being joined by thugs who aim to use the threat of damage to extort higher payments. There are three ways to soften the blow https://t.co/SJpkVe4191Illustration: Ben Jones https://t.co/kSfSZXrbP3 ...
X @The Economist
The Economist· 2025-10-09 18:10
Cybercrime has long been dominated by thieves who set out to steal information for profit. Now they’re being joined by thugs who aim to use the threat of damage to extort higher payments. There are three ways to soften the blow https://t.co/qJrvy81vG7 ...
X @Forbes
Forbes· 2025-10-09 08:00
Oracle zero-day vulnerabilities are being targeted by at least one major cybercrime group and the FBI says it's looking bad. https://t.co/KnV1NAj2Ma ...
X @Bloomberg
Bloomberg· 2025-10-08 16:26
Cybercrime groups are big-game hunting, researchers say. https://t.co/dlhbbJc1FC ...
4 Stocks Perfectly Positioned For 2025's Cybercrime Boom
247Wallst· 2025-10-06 20:35
It seems like every week, there is another announcement from a major institution, retailer, or other large corporate entity reporting that it suffered a cybersecurity breach that compromised client or customer data. ...
Hacking group claims theft of 1 billion records from Salesforce customer databases
TechCrunch· 2025-10-03 13:17
A notorious predominantly English-speaking hacking group has launched a website to extort its victims, threatening to release about a billion records stolen from companies who store their customers’ data in cloud databases hosted by Salesforce.The loosely organized group, which has been known as Lapsus$, Scattered Spider and ShinyHunters, have published a dedicated data leak site on the dark web, called Scattered LAPSUS$ Hunters.  The website, first spotted by threat intelligence researchers on Friday and ...
CrowdStrike: Good Fundamentals In An Unavoidable Business
Seeking Alpha· 2025-10-02 12:10
Virtually every day, there are news telling about cybercrimes. The incidence of such events is, indeed, not only a matter of perception but a documented trend that has impacted individuals, corporations, and governments all over the globe. CrowdStrike (I believe in an integrated approach to understand business. In this way, I foster a unique blend of experience in the CFO and Investment pathways. As such my goal is to perform consistent analysis that reflects an inside view of firm mechanics and the value p ...
Cybercrime gang claims Oracle apps breach, extorts top executives
BusinessLine· 2025-10-02 04:13
Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them via Oracle Corp.’s popular E-Business Suite applications, according to a Google cybersecurity executive and three others familiar with the matter.The group, claiming to be affiliated with a criminal outfit called Cl0p, began sending extortion emails on or before Sept. 29, according to Genevieve Stark, head of cybercrime at Google Threat Intelligence Group. The emails were sent fro ...
X @Decrypt
Decrypt· 2025-09-25 16:30
Interpol's global cybercrime sweep recovered $439M, including $97M in crypto, in an operation spanning 40 countries targeting fraud networks.Read more: https://t.co/OE4vhnxqwe ...
London-Based Teen Accused of Running $115 Million Extortion Scheme Against 47 US Firms
Yahoo Finance· 2025-09-21 19:21
Core Points - A 19-year-old London resident, Thalha Jubair, is facing a potential 95-year prison sentence for allegedly leading a cyber extortion operation that targeted around 47 U.S. entities and extorted approximately $115 million [1][2] - The operation involved tricking help desk employees into resetting passwords to gain unauthorized access to sensitive data, which was then held for ransom [1][2] - The Department of Justice (DOJ) claims that Jubair and his group targeted at least 120 computer networks across various sectors, including airlines, manufacturers, retailers, tech companies, and financial services [2] Legal Actions - Jubair was arrested by the UK's National Crime Agency and City of London Police, along with another teenager, Owen Flowers, who was also charged in connection with the case [3] - In addition to hacking charges, Jubair faces charges for failing to disclose passwords for his seized devices [3] Industry Implications - This case highlights the increasing sophistication of cybercrime and the vulnerabilities present in even secure networks, such as those of the U.S. federal court system [4] - The involvement of teenagers in such large-scale cyber operations raises concerns about the accessibility of hacking tools and the urgent need for enhanced cybersecurity measures across all sectors [4]