cybercrime

Gang leader behind malware attacks targeting 100 financial institutions arrested in Spain
The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a …

Atlanta government systems hit by ransomware
The city of Atlanta has suffered a ransomware attack on Thursday, which resulted in outages of some of its customer facing applications, including some that customers may use …

1 in 10 targeted attack groups use malware designed to disrupt
Cyber criminals are rapidly adding cryptojacking to their arsenal and creating a highly profitable new revenue stream, as the ransomware market becomes overpriced and …

Top cybersecurity evasion and exfiltration techniques used by attackers
SS8 released its 2018 Threat Rewind Report, which reveals the top cybersecurity evasion and exfiltration techniques used by attackers and malicious insiders. During the past …

Malicious apps in app stores decrease 37 percent
Malicious mobile apps were on the decline in Q4 of 2017 largely due to a decrease in the inventory of AndroidAPKDescargar, the most prolific dealer of blacklisted apps, …

Understanding email fraud: Do you have visibility into email threats?
82% of boards are concerned with email fraud, and 59% consider it a top security risk – no longer just an IT issue. Yet 30% of respondents to a survey conducted by …

A look inside the big business of cybercrime
For three months, Armor’s Threat Resistance Unit (TRU) research team compiled and analyzed data from the black market to shed light on the type of activity threat actors are …

Cybercriminals launder money through mansions, private islands and crypto currency
Cybercriminal proceeds make up an estimated 8-10 percent of total illegal profits laundered globally, amounting to an estimated $80-$200 billion each year, according to a …

Malicious activity surges coincide with geopolitical events
Comodo released its Global Malware Report 2017, which culminates a year of security analysis and research into threat patterns. Among its major findings: 2017 was a year of …

Record surges in healthcare attacks, fileless malware, cryptocurrency mining
During Q4 2017, McAfee Labs saw on average eight new threat samples per second, and the increasing use of fileless malware attacks leveraging Microsoft PowerShell. The Q4 …

Binance offers $250,000 for info about hackers who targeted its users
Binance, the popular Chinese cryptocurrency exchange focusing on crypto-to-crypto trading, has put a $250,000 bounty on the heads of the attackers who tried to pull off a …

Not all who pay a ransom successfully recover their compromised data
A new report by the CyberEdge Group found that 55 percent of responding organizations were compromised by ransomware in 2017, down from 61 percent in 2016. How victims …