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Business
UK: Financial fraud soars

More than 1 million incidents of financial fraud – payment card, remote banking and cheque fraud – occurred in the first six months of 2016, according to official …

Lock keyboard
HDDCryptor ransomware uses open source tools to thoroughly own systems

HDDCryptor (aka Mamba) is a particularly destructive piece of ransomware that encrypts files in mounted drives and network shares, locks the computers’ hard disk, and …

user
Identity and personal data theft account for 64% of all data breaches

Data breaches increased 15% in the first six months of 2016 compared to the last six months of 2015, according to Gemalto. Worldwide, there were 974 reported data breaches and …

energy
Energy sector IT pros overconfident in data breach detection skills

A new study by Dimensional Research evaluated the confidence of IT professionals regarding the efficacy of seven key security controls, which must be in place to quickly …

danger
Ransomware families and volume of attacks continue to rise

Both the number of variants of ransomware and volume of malware attacks were on the rise in August, according to Check Point. During August, the number of active ransomware …

risk
IT asset managers must be proactive with up-front risk mitigation strategies

Recent Iron Mountain research reveals the risks associated with licensing critical software applications, and why procurement professionals and IT asset managers must take …

Xiaomi
Xiaomi smartphones come equipped with backdoor

When you buy a new mobile device with certain apps already pre-installed on, you’re effectively forced to trust that the device maker or reseller (depending on who …

iCloud spam
Mobile users actively spammed from compromised iCloud accounts

Spammers have been compromising North American Apple users’ iCloud accounts, and using them to send spammy text messages to mobile users in China. The messages advertise …

BENIGNCERTAIN-like flaw affects various Cisco networking devices

The leaking of BENIGNCERTAIN, an NSA exploit targeting a vulnerability in legacy Cisco PIX firewalls that allows attackers to eavesdrop on VPN traffic, has spurred Cisco to …

code
Connected devices riddled with badly-coded APIs, poor encryption

The advent of home automation and rapid rise of smart home connected devices is seeing some vendors and new startups scramble to become a part of the movement, with ABI …

face
The hidden cost of the insider threat

Organizations are spending an average of $4.3 million annually to mitigate, address, and resolve insider-related incidents – with that spend surpassing $17 million annually in …

DDoS
UDP flood attacks becoming increasingly powerful

When it comes to quantitative indicators, the last quarter can be marked by significant quantitative decline, according to DDoS-GUARD. The number of detected DDoS attacks is …

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