cybercrime

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Virus, Malware, and Ransomware are Allies in Cybercrime

3 Nov 2022 3 minute read 2 comments Debesh Choudhury

When you have an asset, there is always a threat. The world of people moves around money and wealth. Who doesn't need money? If I see a valuable asset, the first thing that comes to my mind is how the asset is protected from theft. When I see jewelr...

Lloyd’s New Cyber Insurance Exclusions Aim to Avoid Payouts from Nation State Hacks

23 Aug 2022 1 minute read 0 comments Matthew Rosenquist

The recent announcement by the insurance giant Lloyds of London, may be the biggest cybersecurity news of the year. It might not seem all that relevant, but strategically, this will likely shift the entire industry and politics of cybersecurity. In...

The Bug Bounty Evolution: Incentivizing White Hat Hackers

2 Dec 2021 6 minute read 6 comments Rekt

I was having a discussion with a person who was upset with someone he deemed to be unpalatable and concluded that this person, in his eyes, contributed nothing to our society. I retorted that every member of our society contributes something to the f...

Anti-Money Laundering Detection Tool on the Dark Web

24 Aug 2021 1 minute read 1 comment Matthew Rosenquist

A new tool is gaining popularity on the dark web which provides insights to users if their cryptocurrency activity might be flagged by authorities as potentially illicit. Such a tool can provide cybercriminals the intelligence necessary to stay unde...

600 Million Differences Between Hackers and Cybercriminals

16 Aug 2021 1 minute read 3 comments Matthew Rosenquist

There are 600 Million Differences Between Hackers and Cybercriminals… An amazing story is emerging from a massive cryptocurrency exploitation that exemplifies the difference between a ‘hacker’ and a ‘cybercriminal’.     Interested in more cybersecur...

Arguments Against Criminalizing Ransomware Payments

11 Aug 2021 1 minute read 9 comments Matthew Rosenquist

The goal is to effectively end ransomware as a significant cybersecurity risk for everyone. In exploring the different strategic options, one path has emerged superior, in which the flow of money to the ransomware attackers is essentially stopped. T...

Cyber Crime an Emerging Threat to the Growing Economy "India" :

7 Jun 2021 6 minute read 1 comment ThinkBegin

As it says, the good things grow the bad things grow with it too. As w.k.t Technology proliferation happens in the last five decades from late 1970 to 2021, especially in the computer, networking, or internet. With technology evolution, the rate of...

Falsely Vilifying Cryptocurrency in the Name of Cybersecurity

31 Jan 2021 2 minute read 2 comments Matthew Rosenquist

I get frustrated by shortsighted perceptions, which are misleading and dangerous is far easier to vilify something people don't fully understand. Here is another article, titled Bitcoin is Aiding the Ransomware Industry, published by Coindesk, imply...

Police Cameras are Providing Facial Recognition Tracking to Criminals in Moscow

17 Nov 2020 1 minute read 0 comments Matthew Rosenquist

Criminals are offering stalking services, through the use of Moscow’s camera system, to identify and track people for $200.  Customers provide a picture and the criminals will return a report of where that person has been, where they frequent, and m...

Bahamas new digital currency will be the next testbed for innovative cybercrime attacks

30 Oct 2020 1 minute read 0 comments Matthew Rosenquist

The government’s Central Bank of the Bahamas has released the world’s first Central Bank Digital Currency (CBDC) - the “SAND DOLLAR”. This is attracting the interest of cybercriminals as well as security professionals.  As national currencies transf...