cybercrime
Cyber insurance failing to live up to expectations
A RUSI paper finds that the contribution of the insurance sector to improving cyber security practice is ‘more limited than policymakers and businesses might hope’, and …
Protecting your organizations against BEC and other email attacks
No matter who you talk to or work with, they probably use email as a primary means of communication. Most of us spend about 5 hours a day checking email, sometimes refreshing …
How SMBs are dealing with emerging threats
ECI Software Solutions released a report detailing the findings from a survey examining how SMBs are leveraging technology to respond to the various threats from the past year …
Virtual machines hide ransomware until the encryption process is done
The use of virtual machines (VMs) to run the malicious payload is getting more popular with ransomware attackers, Symantec’s Threat Hunter Team claims. Ransomware deployed in …
Most organizations would pay in the event of a ransomware attack
Despite the Director of the FBI, the US Attorney General and the White House warning firms against paying cyber-related ransoms, 60 percent of organizations have admitted they …
Cyber criminals are targeting digital artists
Cyber criminals looking for a quick payout and valuables are targeting digital artists using NFTs (non-fungible tokens), warns security researcher Bart Blaze. The attackers …
Phishing maintained near-record levels in the first quarter of 2021
The APWG’s new Phishing Activity Trends Report reveals that phishing maintained near-record levels in the first quarter of 2021, after landmark increases of 2020 in …
Digital criminals turn toward vaccines to capitalize on COVID-19
Cybercriminals continue to capitalize on the hysteria and worry caused by COVID-19, both in the physical sphere and digital ecosystem, exploiting the significant global unmet …
DoJ seized $2.3 million paid to the Colonial Pipeline ransomware extortionists
The Department of Justice has seized 63.7 bitcoins currently valued at approximately $2.3 million. These funds allegedly represent the proceeds of a May 8, ransom payment to …
Defending the COVID-19 vaccine rollout with best practices from the cybersecurity industry
Over the past year, pharmaceutical companies and healthcare organizations have rushed to develop a COVID-19 vaccine. It is a testament to the innovations of the medical …
Operation HAECHI-I intercepts $83M in online financial crimes
Amid an exponential increase in online fraud, an INTERPOL-coordinated operation codenamed HAECHI-I mobilized more than 40 specialized law enforcement officers across the Asia …
It’s time to shift from verifying data to authenticating identity
As fraudsters continue to develop increasingly sophisticated schemes that allow them to produce an apparent valid identity, either by stealing personal data or fabricating it …
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