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The lucrative business of Bitcoin sextortion scams

After a quiet period following a surge in late 2018 to early 2019, the online blackmail scheme known as sextortion scams are back on the radar and on the uptick. According to a report from Digital Shadows, a leading UK-based cybersecurity company that monitors potential threats against businesses, there are several resources available to embolden novice criminals to a life of extortion. These … [Read more...]

Radiohead’s ransom response shows novel approach for ransomware victims

Last week, British rock bank Radiohead thwarted an attempted digital ransom, in which unnamed hackers stole roughly 18 hours of unreleased music dating back to the band’s recording of its studio album OK, Computer, revealing some less-than-ok computer security (sorry). Instead of paying a ransom to keep the music secret, Radiohead released the files themselves, giving listeners a chance to … [Read more...]

Social engineering attacks: What makes you susceptible?

We now live in a world where holding the door open for someone balancing a tray of steaming hot coffee—she can’t seem to get her access card out to place it near the reader—is something we need to think twice about. Courtesy isn’t dead, mind you, but in this case, you’d almost wish it were. Because the door opens to a restricted facility. Do you let her in? If she really can’t reach … [Read more...]

A week in security (May 28 – June 3)

Last week on Labs, we talked about the significance of SEO poisoning in the world of search marketing, blackmail attempts against financial institutions in Canada, voice command flaws in smart assistants, survey and potential phishing scams on Instagram, and the latest changes in Office 365. We also shared our latest intel about America Geeks, a band of tech scammers that we profiled in 2015 and … [Read more...]