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Your daily source of cybersecurity news brought to you by Group-IB, one of the global industry leaders.
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#ThreatIntelligence #Forrester #ROI

Independent study: companies using Group-IB’s #ThreatIntelligence & Attribution can realize a 3-year ROI of 339% with a payback period of less than 6 months.

Forrester consultants interviewed a multinational financial organization with experience using Group-IB TI&A to determine the quantifiable benefits of the solution. They identified that Group-IB TI&A provided substantial return on investment, as well as numerous unquantifiable benefits.

Read the study now: https://bit.ly/3AkM2yM
#ThreatIntelligence #APAC #FSISAC

Join us at FS-ISAC 2021 Asia Pacific Virtual Summit on September 30, 11.50am (GMT+8) where Group-IB's Head of Cybercrime Research will share the history of the development of initial broker services and why the pricing of initial access has increased over the years.

Find out more here: https://www.fsisac.com/events/2021-asia-pacific-summit
Group-IB confident in the innocence of Ilya Sachkov. Co-founder Dmitry Volkov to assume leadership of the company

At the moment, the lawyers of Group-IB, one of the leading solution providers dedicated to detecting and preventing cyberattacks, identifying online fraud, investigating high-tech crimes, and intellectual property protection, are examining the statement by Moscow’s Lefortovo court of September 28, 2021 with regard to Group-IB CEO and founder Ilya Sachkov.

Group-IB’s team is confident in the innocence of the company’s CEO and his business integrity.

Group-IB’s communications team refrains from commenting on the charges brought and the circumstances of the criminal case due to the ongoing procedural activities.

It is also reported that Group-IB co-founder Dmitry Volkov will assume the leadership of the company in the near future.
All of Group-IB’s divisions will continue operating as usual. Group-IB thanks its customers, partners and journalists for their support.

https://www.group-ib.com/media/official-statement-sachkov-innocence/
#threatintelligence #GovWare

Join us at GovWare 2021 on October 7, 2.15pm (GMT+8) where Group-IB's Head of APT research will talk about the operations of APAC-based threat actors.

Find out more and register for your complimentary online pass at bit.ly/gw21-invite
#SICW2021

Group-IB at the Singapore International Cyber Week

Sergey Nikitin, Group-IB’s Global HQ COO, took part in the Ministerial Roundtable Closing Session alongside Ministers, Cybersecurity Coordinators/Heads of Cybersecurity Agencies from Singapore, Estonia, Japan, UK, US, France, and KSA last night.

Group-IB became the only private-sector player invited to the Roundtable on the opportunities and risks presented by living in the new normal of COVID-19.

In his speech, Mr. Nikitin provided his expert opinion on key issues relating to the collaboration between governments and industry in the context of the digital landscape of today. He called for the closer public-private collaboration in the areas of threat intelligence exchange, hi-tech crime investigation and awareness building.

“Cybercrime is borderless. Closer public-private collaboration globally can help pass though bureaucracy and increase the speed of cyber investigations. Cybersecurity is not a theoretical science. The lack of real-life attack management experience affects the ability to deal with modern cyber threats. Industry players and the government can join forces in awareness building and training new generation of cybersecurity experts by providing them with relevant knowledge and opportunities to apply them in real-world context”
#partnership #HSD

Group-IB joins Dutch Security Cluster HSD

Group-IB is pleased to announce it has joined Dutch security cluster Security Delta (HSD) that promotes security innovation by providing companies with a space for knowledge sharing and collaboration.

By becoming HSD’s Premium Partner, Group-IB aims to ensure a more cyber secure space for the Netherlands via expertise and cyber intelligence data sharing, educational initiatives and joint cooperative effort.

“Group-IB has been steadily working to strengthen its influence in the cybersecurity industry and the expert cyber threat intelligence community,” comments Sergey Lupanin, Chief Operating Officer, Europe HQ. “Our company has always stressed the importance of prompt data sharing among the industry players, highlighting its effectiveness in fighting cybercrime. This has encouraged our partnerships with industry associations, non-governmental and intergovernmental organizations, and law enforcement agencies worldwide.”

https://bit.ly/3lxs2nt
#comeback_sachkov

We keep receiving a lot of words of support these days and would like to thank our customers, partners and friends. It means a lot to us.

If you did not have a chance to tell what connects you with Ilya Sachkov yet, now is the right moment to spread the good word about him. No matter where you know him from — university times, joint business projects, or maybe you spoke on the same event — post you story on your social media with the hashtag #comeback_sachkov
#webinar #threatintelligence

Want to build an effective business case for threat intelligence?

Join Nick Palmer and Alex Wells as they discuss the results of Forrester Consulting’s Total Economic Impact study, exploring how to quantify the benefits and calculate the return on investment. Sign up for the webinar to learn how to construct a successful business case and get the most out of a threat intelligence solution.

When: October 14, 2021 at 3 p.m. (GMT+3)

Register here: https://bit.ly/3lxIfcq
#scams #report

The COVID-19 pandemic and the increasing presence of businesses in digital space inevitably resulted in the massive growth in the number of scams worldwide. In total, more than €41 billion was lost in scams last year, up 15%.

ScamAdviser, a global expert in scam landscape, in cooperation with Group-IB and other partners, analyzed statistics for 42 countries and reported it in "The Global State of Scams 2021" report.

Download the full report at -> https://bit.ly/2YPrxfQ
#university #partnership

Group-IB partners with University of Naples Federico II to set up Threat Hunting & Investigation Competence Centre 🤝

Together, we plan to advance the university’s cybersecurity branch by establishing a Threat Hunting & Investigation Competence Centre. The centre will serve as a platform for onsite threat hunting and cyber investigation training for both university students and its teaching staff. The supported training activities will also be open to external participants — post-graduate students, cybersecurity professionals, and companies.

University of Naples Federico II and Group-IB will be developing their cooperation around three major areas:

🔸the transfer of knowledge
🔸industry projects
🔸internships for students

“We are happy to inaugurate this competence centre in collaboration with Group-IB,” comments Matteo Lorito, the Rector of the University Federico II of Naples. “Federico II is increasingly at the forefront of training initiatives on IT security issues, with an offer that ranges from standard training courses such as degrees and advanced courses, to initiatives more oriented to the business world, such as, precisely, the Threat Hunting & Investigation Competence Centre. We aim to train innovative professionals ready for the ‘new jobs’ and new employment challenges for the current market and that of the immediate future.”

Read more -> https://bit.ly/3aPtICC
#antifraud #FHP #Forrester

Independent study: Group-IB Fraud Hunting Platform delivers a 3-year 130% ROI

The Forrester consultants interviewed a bank with experience using Fraud Hunting Platform. Prior to FHP, the organization tackled fraudulent activities using a legacy anti-fraud solution which generated a high number of false positives. The investment in Group-IB’s FHP helped the bank to reduce the false positives by 20%. Group-IB’s solution required 30% fewer OTP (SMS) for 2FA purposes, improving the bank’s customer digital experience and enabling the bank’s fraud analysts and call centers to focus on truly risky transactions.

FHP enabled the organization to protect their web and mobile channel with a higher degree of confidence as well as to detect and prevent fraud more accurately and efficiently, which generated $228K in cost savings. Altogether, Forrester’s interview and financial analysis found that the organization experienced a net present value of $639K and an ROI of 130% over three years.

Download the study here: https://bit.ly/3bavpuu
#scam #cybersecurity #intellectualproperty

Join Group-IB at the 2nd Global Online Scam Summit on November 3-4, where Dmitry Tunkin, Group-IB Head of Digital Risk Protection in Europe, will talk about DarkPath scammers.

The conference includes speakers from Europol, World Intellectual Property Organization, Federal Bureau of Investigation, BBB, ScamWatch and others.

Find out more and register at-> https://www.eventbrite.nl/e/global-online-scam-summit-tickets-166428252383
#carding #fakeshops #phishing #TIA

Cannibal Carders

Group-IB Threat Intelligence team uncovered largest networks of #fakeshops – phishing sites that imitate carding websites

Our experts analyzed how fake shop networks are created and maintained, how fake shop owners scam carders. Group-IB identified "market leaders, and estimated their profits. One of the biggest networks includes 3,000 domains and spreads the Taurus Project stealer through its websites. The tactic brought the network owners more than $1,200,000.

A large number of online fake shops create problems for underground forum users (cybercriminals) on the one hand, and can complicate work for cyber intelligence specialists on the other. Fake data published on such resources can skew statistics when monitoring and describing card shops, while designs copied from original sites can mislead even seasoned anti-fraud analysts.

Find out more: https://bit.ly/3w0mcPi
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#CyberCrimeCon21 #cybersecurity #conference

Mark your calendar: Group-IB’s 10th annual CyberCrimeCon is coming on December 2!

Every year, Group-IB hosts CyberCrimeCon, a global event with participants from all industries, fields, and regions, to promote a common value: Zero Tolerance for Cybercrime. The conference brings together the best minds in cybersecurity to give attendees exclusive insights into the most significant trends of the year, as well as predictions for what to expect in the year to come.

Here’s an overview of what CyberCrimeCon 2021 will look like:


- Live streams in five major regions worldwide
- Two tracks to choose from: Cybercrime Groups and Espionage & Vulnerabilities
- Eight guest speakers will share their expertise

As always, all CCC attendees will get the first look at Group-IB’s Hi-Tech Crime Trends report, which maps out the threat landscape in great detail and helps organizations stay a step ahead.

Don’t miss out on this event!

Register for free -> https://bit.ly/3pNGcDz