cybercrime
Threat actors are adapting and switching their operations strategically and technically
Cybercrime campaigns and high-profile advanced persistent threat groups are shifting how they target victims and focusing more on intricate relationships with “secure …
Attackers’ growing use of anti-analysis, evasion tactics pose a challenge to enterprises
Cybercriminals continue to look for new attack opportunities throughout the digital attack surface and are leveraging evasion as well as anti-analysis techniques as they …
Five examples of user-centered bank fraud
In today’s digital-first world, banks and financial service companies need to allow their customers to easily manage money online in order to compete. Unfortunately, most …
Ransomware attack leaves Johannesburg residents without electricity
A ransomware attack aimed at City Power, the electricity provider for Johannesburg (aka Joburg), South Africa, has resulted in some residents temporarily without power. While …
Phishing is a billion-dollar global industry, consumers are the main target
Phishing is a growing pain point for individuals, businesses and CSPs, according to Allot. Consumers are the main target of these attacks, and they are calling for better …
Every minute, $2.9 million is lost to cybercrime
Cybercriminals cost the global economy $2.9 million every minute last year, a total of $1.5 trillion, according to RiskIQ. Top companies pay $25 per minute due to security …
Average data breach cost has risen to $3.92 million
The cost of a data breach has risen 12% over the past 5 years and now costs $3.92 million on average, according to IBM. These rising expenses are representative of the …
Cyberthreats targeting municipalities are on the rise
Through the first half of 2019, a growing number of municipalities across the US were hit with crippling ransomware attacks, while several large companies disclosed data …
More than 2 million cyber incidents in 2018 created $45 billion in losses
The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that …
Threat actors are doing their homework, researchers identify new impersonation techniques
There is an increase in three main areas: spoofed phishing attempts, HTTPS encryption in URL-based attacks, and cloud-based attacks focused on publicly hosted, trusted …
Anatomy of a ransomware attack: How attackers gain access to unstructured data
Ransomware isn’t a new phenomenon, but it’s effects are starting to be felt more widely, and more deeply than ever before. Behemoths like Sony, Nissan, FedEx, Kraft Foods and …
Cybercriminals leverage malicious Office docs, Mac malware, web app exploits
There’s been a 62% increase in overall malware detections in Q1 2019 compared to the previous quarter. A new WatchGuard report also found that cybercriminals are …