cybercrime

University pays $20,000 in ransomware attack
The ransomware plague has hit the University of Calgary, and the academic institution did what many victims do: they paid the ransom to get the encrypted files back. The …

789% year-over-year spike in malware and phishing
An analysis of phishing email campaigns from the first three months of 2016 has seen a 6.3 million increase in raw numbers, due primarily to a ransomware upsurge against the …

Windows zero-day exploit offered for sale on underground market
Someone is selling an exploit for a Windows zero-day on an underground market for Russian-speaking cyber criminals, and the current price is set at $90,000. Trustwave …

Hacker imprisoned for stealing Bitcoin, selling botnet on Darkode
A Louisiana man was sentenced to 12 months and one day in prison for using a computer to steal money, hacking computers to obtain passwords, and attempting to sell information …

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 …
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