Cyber Security RSS
The cost of cybercrime study – insights on security investments that make a difference
Cybercrime is on the rise, successful breaches per company each year has risen more than 27%, from an average of 102 to 130. Ransomware attacks alone have doubled in frequency, from 13% to 27%, with incidents like WannaCry and Petya affecting thousands of targets and disrupting public services and large corporations across the world. According [...]
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Government websites hacked to run secret cryptocurrency miner
Thousands of government websites around the world have been hijacked to mine the cryptocurrency Monero. A commonly-used accessibility script was hacked to inject the Coinhive miner into official sites in the US, UK and Australia. One security researcher described it as the biggest attack of its type that he’d seen. In the UK, websites for [...]
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US DoJ indicts 36 in cybercrime ring that stole $530m
36 cybercriminals have been indicted in connection with an international identity theft ring known as a “one-stop shop for cybercrime” that sold stolen payment card information on the dark web, leading to losses of more than $530 million, US prosecutors report. The Infraud Organization — founded in 2010 and operated under the slogan “In Fraud [...]
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New POS malware found – UDPoS
Researchers at global cybersecurity firm Forcepoint have discovered a new piece of POS malware – the first in nearly two years – that primarily targets transactions at hotels and restaurants. In the current era of mass malware it’s becoming increasingly rare to find something beyond the ‘usual suspects’ we see being spread by high-profile botnets on a regular basis: Dridex spread by [...]
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Cybercrime evolving to a new, more professional underground economy
Cybercrime continues to grow and evolve, taking new forms and directions. It is also beginning to converge with serious and organised crime, supported by a professional underground economy of skills and services. “The global impact of huge cyber security events, such as the WannaCry ransomware epidemic, has taken the threat to another level,” said Rob [...]
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