Cybercrime flourishes in new areas

China has experienced a sharp rise in cybercrime and is seeing a new breed of Internet criminals as illegal sales of weapons and porn flourish online.......

Gu Jianguo, director of network protection for the Ministry of Public Security, said cases of cybercrime have increased by an average of 30 percent each year since 2008.

Authorities are seeing a new kind of criminal behavior in cyberspace, with an increase in the online sale of firearms and ammunition, wiretapping devices and fake professional certificates. Online gambling and pornography distribution are also on the rise. While traditional online crime, such as hackers stealing personal data, has gradually become less common.........

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2012 Threat Predictions: A Report by McAfee Labs

In the past few months we have witnessed enormous changes in cyber threats like mobile related threats, hacktivism, client-side exploitation, social-media exploitation, and targeted attacks.

As per 2012 Threat Predictions report by McAfee Labs,  more changes are expected in coming year in even the most established threat vectors as follow:

• Industrial threats will mature and segment
• Embedded hardware attacks will widen and deepen
• Hacktivism and Anonymous will reboot and evolve

• Virtual currency systems will experience broader and more frequent attacks
• This will be the “Year for (not “of”) Cyberwar”
• DNSSEC will drive new network threat vectors
• Traditional spam will go “legit,” while spearphishing will evolve into the targeted messaging attack

• Mobile botnets and rootkits will mature and converge

• Rogue certificates and rogue certificate authorities will undermine users’ confidence
• Advances in operating systems and security will drive next-generation botnets and rootkits

This report has also mentioned that "It’s time for extensive Penetration Testing and Emergency Response Planning that includes cyber components and networking with law enforcement at all levels."

2012 Threat Predictions report by McAfee Labs can be downloaded from here: http://www.mcafee.com/us/resources/reports/rp-threat-predictions-2012.pdf?eid=NAMWPGSCSC011

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DarkMarket - cyberthieves, cybercops and you

The internet has become a way of life for many of us – we talk online, bank online, buy online, but do we know about the dark side?

And there is one – hackers, crackers, rippers, men with strange nicknames and virtually their own language skimming pin numbers off credit cards, organising cyber attacks via enslaved BotNet computers … we’re at war and we don’t even know it.

This is the story of the rise and fall of DarkMarket, a website devoted to furthering cybercrime. Its forums put buyers and sellers of stolen financial details on the same page, its administrators ran an escrow system, making sure that players could do deals without being ripped off...............

Who are they, these super-smart criminals with names like Matrix001, RedBrigade, Script, Boa, JiLsi, Iceman, Master Splyntr, Cha0, Lord Cyric and others?

They live in the virtual world of the internet – the valley of lies – hiding behind their security systems and avatars.  The vast majority are men. Often they are dysfunctional teenagers. They hail from Germany, the Ukraine, Turkey, UK, US, France … they are almost impossible to trace.

DarkMarket, which was closed down in 2008 when the law enforcement agencies got too close, was primarily a carders site – all the illegal means of milking credit cards, but Glenny also touches on cyber industrial espionage and cyber warfare, the scams and spams. It is fascinating and required reading in our highly competitive, fast-paced, digital and globalised world.

And cybercrime is still out there, constantly morphing to meet new challenges and usually at least one step ahead of law enforcement. Today the proliferation of mobi and apps offers fresh opportunities.............

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