cybercrime
The new gold rush: A look inside cryptocurrency fraud
Cybercriminals are flooding to the new world of cryptocurrencies looking to exploit the boom in interest and adoption of these electronic currencies, according to Digital …
BEC scams surge, cybercriminals target nearly all organizations
96 percent of organizations have received business email compromise (BEC) emails during the second half of 2017, according to Agari. “BEC is a particularly effective attack …
Dridex gang follows trends, also created FriedEx ransomware
The gang behind the infamous banking Trojan Dridex has also created the FriedEx (aka BitPaymer) ransomware, ESET researchers confidently claim. The similarities between Dridex …
Rise in cryptomining malware impacts organizations worldwide
Cybercriminals are increasingly turning to cryptominers to develop illegal revenue streams, while ransomware and malvertising adware continue to impact organizations …
How cybercriminals abuse the travel and hospitality industry
The travel and hospitality industry suffers billions of losses each year due to fraud. “With the right combination of other underground services (compromised accounts, …
ICO protection: Key threats, attack tools and safeguards
Group-IB has analyzed the basic information security risks for the cryptoindustry and compiled a rating of key threats to an ICO (initial coin offering). On average, over 100 …
Industries most at risk of phishing attacks revealed
A new KnowBe4 study of phishing statistics for top industries, shows small insurance companies have the highest percentage of phish-prone employees in the small to mid–size …
Will explosive data exfiltration continue in 2018?
Last year was a banner year for cybercrime. More data was stolen in the first six months of 2017 than in the entirety of 2016. Gemalto’s Breach Level Index found that over 900 …
Fake cryptocurrency wallet carries ransomware, leads to spyware
People around the world are rushing to acquire all kinds of cryptocurrency, hoping that prices will go up and they will be rolling in money when they sell their investment …
Cybercriminals stole $172 billion from 978 million consumers in the past year
Consumers are confident they’re safe online, but hackers have proven otherwise, stealing $172 billion from 978 million consumers in 20 countries in the past year, according to …
Human trafficking victims forced to defraud Chinese computer users
Late last week, the Croatian police executed a coordinated raid on two houses where 59 individuals were confined and forced into defrauding Chinese and Taiwanese computer and …
Infosec expert viewpoint: Google Play malware
Researchers routinely discover a variety of malicious apps on Google Play, some of which have been downloaded and installed on millions of devices worldwide. Here’s what …
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