Ad fraud one of the most profitable criminal enterprises in the world, researcher says – Which-50

Ad fraud is at an all-time high and remains one of the most profitable criminal enterprises in the world, generating tens of billions of dollars a year. That’s the view of Dr Augustine Fou, cybersecurity and ad fraud researcher who this morning released a Slideshare presentation on LinkedIn describing the state of digital ad fraud in 2018….

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Fake-Ad Operation Used to Steal From Publishers Is Uncovered – WSJ

An ad-tech firm says it has discovered a large and sophisticated advertising-fraud operation in which fake websites and infected computers were used to scam advertisers and publishers out of upward of hundreds of thousands of dollars a day. Denmark-based Adform, identifier of the scheme, named it “Hyphbot” and estimates that it has been going on…

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Researcher Who Stopped WannaCry Ransomware Detained in US After Def Con – Motherboard

On Wednesday, US authorities detained a researcher who goes by the handle MalwareTech, best known for stopping the spread of the WannaCry ransomware virus. In May, WannaCry infected hospitals in the UK, a Spanish telecommunications company, and other targets in Russia, Turkey, Germany, Vietnam, and more. Marcus Hutchins, a researcher from cybersecurity firm Kryptos Logic,…

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