Chastity Mansfield I'm a writer, an amateur designer, and a collector of trinkets that nobody else wants. You can find me on Noozeez, and Twitter.

Treasury Department blames Tor for increased cyberattacks

55 sec read

In a non-public report, the Department of Treasury revealed that an increasing number of hackers are using the Tor network to maintain their anonymity. Surprise surprise! After all,Tor is one of the biggest online anonymity services. So the government is suggesting (again) that blocking Tor would keep hackers away, though. And while that might be true, it’s also shady. The report came from the Financial Crimes Enforcement Network (FinCEN), a Treasury Department bureau responsible for analyzing financial crimes and whatnot. 

The majority of bank account hijackings over the past decade used the Tor privacy service to hide thieves’ locations, according to a US Treasury Department report obtained by KrebsOnSecurity reporter Brian Krebs. The non-public report said the heists could have been prevented had financial institutions noticed that the accounts were being accessed over Tor IP addresses, according to an article Krebs published Friday. The report, which was produced by the Financial Crimes Enforcement Network, was based on a review of so-called suspicious activity reports (SARs) filed by banks. Krebs wrote: “Analysis of these documents found that few filers were aware of the connection to Tor, that the bulk of these filings were related to cybercrime, and that Tor related filings were rapidly rising,” the report concluded. “Our BSA [Bank Secrecy Act] analysis of 6,048 IP addresses associated with the Tor darknet [link added] found that in the majority of the SAR filings, the underlying suspicious activity—most frequently account takeovers—might have been prevented if the filing institution had been aware that their network was being accessed via Tor IP addresses.”

Source
Avatar of Chastity Mansfield
Chastity Mansfield I'm a writer, an amateur designer, and a collector of trinkets that nobody else wants. You can find me on Noozeez, and Twitter.

Obama wants $19 billion to improve America’s cyber security

Cyber attacks have grown to become one of the most-important issues in the United States, with both corporations and government agencies suffering from them in...
Avatar of Brian Molidor Brian Molidor
55 sec read

A hacker managed to steal information from the DHS…

Motherboard reported on Sunday that a hacker managed to get their hands on the personal information of about 30,000 employees for the DHS and FBI,...
Avatar of Alfie Joshua Alfie Joshua
57 sec read

The Java plug-in is finally going to meet its…

It’s been more than two decades since Oracle decided to start plaguing web browsers with its Java plug-in, but it looks like it’s time for Oracle...
Avatar of Chastity Mansfield Chastity Mansfield
58 sec read

Leave a Reply

Your email address will not be published. Required fields are marked *