cybercrime

Inventive cyber gang steals millions from East European banks
Trustwave researchers have uncovered a series of ingenious bank heists that cost several Eastern European and Russian banks up to $10 millions each, and they believe financial …

Dark web ransomware economy: Sellers pulling in six-figure salaries
There are currently more than 6,300 estimated dark web marketplaces selling ransomware, with more than 45,000 current product listings, according to new research by Carbon …

Hackers go after Australian ICT, managed services providers
The Australian Cyber Security Centre (ACSC), which integrates the national security cyber capabilities and serves as a hub for collaboration and information sharing with the …

Inside the Middle Eastern and North African cybercriminal underground
Trend Micro researchers investigated the Middle Eastern and North African cybercriminal underground, and found that prices for malware and hacking tools are generally a bit …

Defense contractors, manufacturers targeted with malware-as-a-service infostealer
Information stealing FormBook malware is being lobbed at defense contractors, manufacturers and firms in the aerospace sector in the US and South Korea. Delivery methods The …

KnockKnock campaign targets Office 365 corporate email accounts
Researchers uncovered KnockKnock, an attack on Office 365 Exchange Online email accounts, originating from 16 countries around the world and targeted organizations in …

Equifax, former CEO reveal more details about the devastating breach
Mandiant has concluded the forensic part of its Equifax breach investigation, and the results are as follows: 2.5 million additional US consumers were potentially impacted, …

The global impact of huge cyber security events
The past 12 months have seen a number of unprecedented cyber-attacks in terms of their global scale, impact and rate of spread. Already causing widespread public concern, …

Cybercriminals increasingly focusing on credential theft
Criminal tactics used to access user credentials are growing in prevelance, and that a record 47 percent of all malware is new or zero day, and thus able to evade …

Which security investments make a difference?
Costly cyber attacks are having a significant and growing financial impact on businesses worldwide. According to Accenture and the Ponemon Institute, in 2017 the average cost …

Healthcare sector reports greatest number of security incidents
McAfee Labs saw healthcare surpass public sector to report the greatest number of security incidents in Q2, while the Faceliker Trojan helped drive quarter’s 67% increase in …

Shocker? Companies still unprepared to deal with ransomware
Companies and government agencies are overwhelmed by frequent, severe ransomware attacks, which have now become the #1 cyber threat to organizations, according to Crowd …