cybercrime
Businesses facing post breach financial fallout by losing customer trust
44% of Americans, 38% of Brits, 33% of Australians, and 37% of Canadians have been the victim of a data breach, according to newly released research conducted by PCI Pal. The …
Phishing attacks up, especially against SaaS and webmail services
Phishing attacks continued to rise into the summer of 2019 with cybercrime gangs’ focus on branded webmail and SaaS providers remaining very keen, according to the APWG …
Only one quarter of retail banks have adopted an integrated approach to financial crime systems
Most banks plan to integrate their fraud and financial crime compliance systems and activities in response to new criminal threats and punishing fines, with the U.K. leading …
Fraudsters no longer operate in silos, they are attacking across industries and organizations
From January 2019 through June 2019, LexisNexis Risk Solutions recorded 16.4 billion transactions, of which 277 million were human-initiated attacks, a 13% increase over the …
More than 99% of cyberattacks rely on human interaction
Cybercriminals target people, rather than systems and infrastructure, to install malware, initiate fraudulent transactions, steal data, and more, according to Proofpoint. …
Most citizens are against local governments paying ransomware attackers
Nearly 80% of US citizens are increasingly worried about ransomware attacks on cities – yet more than half are still hesitant to have city governments put forth the …
A look into the frequency and success of phishing attacks on SMEs
43% of UK SMEs have experienced a phishing attempt through impersonation of staff in the last 12 months. Of those impersonation phishing attempts, it was discovered that …
Fileless attacks designed to disguise malicious activity up 265%
Trend Micro published its roundup report for the first half of 2019, revealing a surge in fileless attacks designed to disguise malicious activity. Detections of this threat …
What can be done about the rising click interception threat?
Ad networks’ increasingly successful efforts to detect bot-based ad click fraud has forced attackers to focus more on intercepting and redirecting legitimate users’ …
Cost of data breaches to surpass $5 trillion in 2024
A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This …
Facebook phishing surges, Microsoft still most impersonated brand
Vade Secure published the results of its Phishers’ Favorites report for Q2 2019. According to the report, which ranks the 25 most impersonated brands in phishing attacks, …
Ransomware attacks hit 1 in 5 Americans
Anomali announced the results of a survey conducted by The Harris Poll. It includes responses from more than 2,000 American adults and reveals how Americans believe business …
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