cybercrime
The rise of mercenary hacker crews offering Espionage-as-a-Service
Although the Sony attack was loud, damaging and hugely embarrassing to the company, the bigger threat is from mercenary hacker crews who steal billions of dollars of valuable …
New version of Cryptowall ransomware spotted doing rounds
The infamous Cryptowall ransomware is back: the newest version has been spotted compromising users starting on January 12. According to both Microsoft and the researcher that …
Rex Mundi hackers try, fail to blackmail Swiss bank
The Banque Cantonale de Geneve has refused to pay the ransom demanded by a group of hackers that goes under the name of Rex Mundi, and they have made good on their word and …
Is IT security stifling innovation and collaboration?
Critical company data is at risk in the UK as a result of organizations focusing their IT security policies and resources more on external threats, such as cybercriminals and …
FBI director confident North Korea was behind Sony hack, still offers no evidence
When late last year the FBI provided an update on their investigation into the Sony Pictures Entertainment hack, they fingered the North Korean government as the instigator. …
Over $5 million confirmed stolen in Bitstamp hack
While the Bitstamp exchange is still offline, its team has shared some more details about the compromise they suffered recently. “On January 4th, some of …
Bitcoin exchange Bitstamp suspends service in wake of compromise
UK-based bitcoin exchange Bitstamp has temporarily suspended its service in the wake of an attack. “We have reason to believe that one of Bitstamp’s operational …
Scandinavian banks hit with DDoS attacks
The new year started poorly for Finnish bank OP Pohjola Group and its customers: the latter have been prevented from executing their online banking transactions by a DDoS …
Identity theft for dummies
It happened again. Checking into the hotel, I was asked if I can provide my credit card to cover additional expenses (not unusual). However, the receptionist simply wrote my …
Number of cyber attacks on retailers drops by half
Despite an 50 percent decline in the number of attacks against U.S. retailers, the number of records stolen from them remains at near record highs. IBM Security researchers …
Digital crime landscape in 2015
Based on its work this year in the fields of cyber security and financial crime, BAE Systems Applied Intelligence and Scott McVicar, its Managing Director of Cyber Security, …
Actions to strengthen your defense, minimize damage
IT professionals should use the nearly epic scale of the Sony cyber attacks to spur their companies into action versus panicking about potential risks. “The FBI is right …
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