cybercrime
Average DDoS attack volumes grew by 194% in 12 months
The volume and complexity of DDoS attacks continued to grow in Europe during the final quarter of 2018, according to Link11. While Link11’s Security Operations Center (LSOC) …
Lookalike domains: Artificial intelligence may come to the rescue
In the world of network security, hackers often use lookalike domains to trick users to unintended and unwanted web sites, to deliver malicious software into or to send data …
Why vaporworms might be the scourge of 2019
Not too long ago, the WatchGuard Threat Lab predicted the emergence of vaporworms as a major new cyber threat that will affect organizations of all sizes in 2019. We coined …
Email authentication use growing steadily in every industry sector
U.S. federal government agencies and many major enterprises have made significant strides to thwart the spread of fake emails, a major cybersecurity attack vector. But many …
Employees report 23,000 phishing incidents annually, costing $4.3 million to investigate
Account takeover-based (ATO) attacks now comprise 20 percent of advanced email attacks, according to Agari’s Q1 2019 Email Fraud & Identity Deception Trends report. …
$1.7 billion in cryptocurrency was stolen and scammed in 2018
$1.7 billion in cryptocurrency was stolen and scammed in 2018 — a dramatic rise in criminal activity despite a slump in the market, according to CipherTrace. Criminals need to …
Microsoft remains the most impersonated brand, Netflix phishing spikes
Although Microsoft remains the top target for phishers, Netflix saw an incredible surge in Dec., making it the second most impersonated brand in Q4 2018, according to Vade …
Cybercriminals increasingly taking aim at businesses
2018 has been the year when cryptominers first dethroned ransomware as the most prevalent threat due to a meteoric spike in Bitcoin value in late 2017, then slowly trailed off …
Cybercrime could cost companies trillions over the next five years
Companies globally could incur $5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled …
Researchers analyze DDoS attacks as coordinated gang activities
In a new report, NSFOCUS introduced the IP Chain-Gang concept, in which each chain-gang is controlled by a single threat actor or a group of related threat actors and exhibit …
Mining malware evades agent-based cloud security solutions
Cloud infrastructures are a growing target for threat actors looking to mine cryptocurrency, as their vast computational power allows them to multiply the mining …
BEC scammers add payroll diversion to their repertoire
All the attention the most typical BEC scams have been receiving in the last few years must have affected their effectiveness and forced scammers to come up with new ways for …