cybercrime

Exposing the economics behind cyber attacks
A new survey by the Ponemon Institute provides insight into topics like the average earnings of a cyberattacker, the amount of time attacks typically take, and how to prevent …

Android users on high alert as malware, phishing and scams are projected to rise
Android phones are popular and growing more so every day. According to research firm IDC, there were close to 350 million active smartphones worldwide in the second quarter of …

The history of cyber attacks: From ancient to modern
In the 1990s, your typical hacker’s approach used to be “hit-and-run”, and in many cases it was about fame and recognition. Back in those days most organizations only had a …

US fast-food chain Wendy’s investigating possible card data breach
Wendy’s, the popular and widespread US fast-food chain, is investigating a possible payment card data breach. The company was notified about the possibility by its payment …

Larger, more complex, financially motivated DDoS attacks on the rise
DDoS attacks are becoming increasingly larger, more complex, and perpetrated by cyber extortionist instead of hacktivists and vandals, the results of Arbor Networks’ …

Belgian bank Crelan loses €70 million to BEC scammers
Belgian bank Crelan has become a victim of fraudsters. According to a statement (in Dutch) published last week, the bank has lost over 70 million euros (around $75,8 million). …

Phishing email leads to data breach at University of Virginia
Personally identifiable and financial information of some 1,400 University of Virginia employees has been compromised by attackers in a breach that dates back to early …

Unknown attackers are infecting home routers via dating sites
Damballa researchers have spotted an active campaign aimed at infecting as many home routers possible with a worm. A variant of the TheMoon worm, it works by taking advantage …

Cyber fraudsters steal over $50 million from airplane systems manufacturer
Austrian company FACC, which develops and produces components and systems made of composite materials for aircraft and aircraft engine manufacturers such as Boeing and Airbus, …

Authorized Symantec reseller scams users into buying security software
Malwarebytes researchers have discovered a new tech support scam that, unlike most, is being perpetrated by an active member of the Symantec Partner Program. Users are being …

Asacub Android Trojan: Financial fraud and information stealing
Asacub is a new malware that targets Android users for financial gain. When first identified, Asacub displayed all the signs of an information stealing malware; however, some …

Malicious Chrome extensions ransack Steam users’ inventory
Steam users are being targeted by a scammer that’s offering apparently helpful Chrome extensions for free, but is actually using them to steal items from victims’ …
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