cybercrime

Consumers have no idea what ransomware is
A new study reveals almost half (43%) of connected consumers today do not know what ransomware is, despite the recent aggressive spread of this type of cyber threat. In …

Cybercriminals add DDoS component to ransomware payloads
Instead of just encrypting data files on a workstation (plus any network drive it can find) and locking the machine, a new variant of the Cerber ransomware is now adding a …

You are what you click: Online search security risks
When it comes to the desire for the ideal body, people may be willing to sacrifice their online security if it takes them a step closer to achieving desired results, according …

Criminals turn entire ATMs into skimmers
As if withdrawing money from an ATM wasn’t dangerous enough, researchers discovered that Russian-speaking Skimer group forces ATMs to assist them in stealing users’ …

Cybercrime economy: The business of hacking
The profile of typical cyber attackers – and the interconnected nature of their underground economy – have evolved in the last several years. Adversaries are …

Healthcare under attack! 89% of organizations experienced data breaches
It’s a turbulent time for the healthcare industry: patient data is under siege and hospitals are big targets for cyber attacks, according to the Ponemon Institute. Mistakes …

Impact of security breaches on consumer trust
High-profile data breaches are negatively impacting consumer trust in major brands, according to a new FireEye report. 76 percent of respondents would likely take their …

Liberty Reserve founder sentenced to 20 years for money laundering
Arthur Budovsky was sentenced in the Southern District of New York to 20 years imprisonment for running a massive money laundering enterprise through his company Liberty …

Jaku botnet hides targeted attacks within generic botnet noise
Botnets are usually created by cyber criminals that use them to launch DDoS attacks, deliver spam, effect click fraud. The recently discovered Jaku botnet can effectively do …

Online transaction fraud to reach $25 billion by 2020
Online transaction fraud is expected to reach $25.6 billion by 2020, up from $10.7 billion last year, according to Juniper Research. This means that by the end of the decade, …

Cybercriminals filtering out victims by location
There’s a growing trend among cybercriminals to target and even filter out specific countries when designing ransomware, according to SophosLabs. To lure more victims …

Screen overlay Android malware is on the rise
As predicted, the ability to lay screens over legitimate (e.g. banking) apps is becoming a crucial feature for the success of Android malware. The capability was first seen in …
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