Cybercrime

GVC Holdings-owned PartyPoker has confirmed that its Poker Fraud Team closed 277 ‘bot’ accounts between December 2018 and March 2019, leading to nearly $735,000 (£562,000/€652,000) in associated funds being returned to players.

https://www.igamingbusiness.com/news/partypoker-fraud-team-launches-bot-clampdown

Criminals behind a shop on the Dark Web that is trading over 60,000 “digital identities” have developed a wide range of sophisticated tools to help users bypass machine learning-based anti-fraud systems, researchers at Kaspersky Lab say.

https://www.cbronline.com/news/anti-fraud-digital-masks

Despite the rising number of headline-grabbing security breaches, many company executives are still not prioritising cyber security in the boardroom

Security researchers found cybercrime groups using Facebook out in the open for illegal activity and the findings are very similar to an issue Facebook had last year.

Government plans for online safety laws need to be complemented with a national cyber safety programme in schools, according to IT and computer science professional and educational body

https://www.computerweekly.com/news/252461250/UK-plans-for-online-safety-laws-not-enough-says-BCS

Ransomware attacks are becoming more targeted and designed to infect different sized organisations in specific industries and regions, say security researchers

Blaming employees and potentially ruining their lives in the wake of a cyber attack is not the way to do things.

London-based Nigerian spear-phishing cyber-criminals London Blue have started spoofing e-mail addresses of CEOs of target companies to make its BEC emails appear more legitimate and persuasive.

https://www.scmagazineuk.com/london-blue-evolves-its-tactics-phishing-attacks-impersonation-fraud/article/1581263

Document-based malware spiked in the first quarter of the year, building on a gradual rise in the past year, warn researchers

The UK government is urging businesses and charities to take action to prevent cyber attacks as the costs go up, despite an overall reduction in breaches, partly driven by new data protection laws

https://www.computerweekly.com/news/252461013/Government-urges-businesses-and-charities-to-up-cyber-security