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November 3, 2016

Dark Web Cybercriminals Are Selling Counterfeit Train Tickets to Make Cash

An investigation has found that cybercriminals are turning to train tickets to make a profit from commuters searching for cheap tickets on the dark web.

With train ticket prices increasing year after year, it seems that people will go to whatever lengths necessary to find a cheaper alternative rather than paying the full price of train travel, even if it means going through the dark web, according to a report from the Express, a U.K. tabloid newspaper.

An investigation by BBC South East has found that cybercriminals are selling counterfeit National Rail tickets over the Internet, providing a realistic look that deceives inspectors.

According to the Express, the [...]

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October 25, 2016

Darknet Probing Tech Startup Ravelin Closes £3 Million Investment Round

It’s not easy tackling darknet fraudsters, but that’s exactly what London-based fraud detection tech startup Ravelin does. It’s also announced that it has closed a £3 million investment funding round as the business looks at expanding.

In the last nine months, Ravelin has grown their company revenue by more than 600 percent, attracting high-profile names, according to a report from Bdaily. Some companies that work with Ravelin include EasyTaxi and Deliveroo and investors Playfair Capital.

Martin Sweeney, Ravelin chief executive said to Bdaily that merchants, consumers, and banks face a growing problem with fraud.

He said:

Fraud is growing faster than [...]

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September 19, 2016

How Cybercriminals Target Victims: Report Cites Top Information Resources

Cybercriminals, whose attacks cost organizations millions of dollars a year, do extensive research on their targets. They gather organizational and personal information before deciding which vulnerabilities to exploit.

SurfWatch Labs, a security consultancy, has released a report on research resources cybercriminals use. The purpose of the report is to provide organizations a tool to prevent cyber attacks. The report includes an overview of information resources cybercriminals use to target the victims. Knowing about these resources can help organizations defend against cyber attacks.

Adam Meyer

The majority of threat awareness training is [...]

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