cybercrime

Ransomware’s lucrative next stop? The Point of Sale
With the influx of credit card breaches over the past few years at major brands, hackers may have reached a point of supply exceeding demand, as awareness of breaches, …

Five key trends to watch in 2018 as cybercriminals continue to innovate
The McAfee Labs 2018 Threats Predictions Report identifies five key trends to watch in 2018. This year’s report focuses on the evolution of ransomware from traditional to new …

Tizi backdoor rooted Android devices by exploiting old vulnerabilities
Google has discovered and removed from Google Play a number of apps that contained the Tizi backdoor, which installs spyware to steal sensitive data from popular social media …

A look at the top seven ransomware attacks in the past decade
In part one of this series, we discussed exactly what ransomware is, including the effects of and motives behind different types of attacks. In this second article, I’ll look …

Hackers hit Sacramento transit system, demand money to stop attack
Hackers looking for a payout have hit the Sacramento Regional Transit (SacRT) system, defacing the agency website, erasing data from some of its servers, and demanding money …

New scam launches users’ default phone app, points it to fake tech support hotline
The latest variants of tech support scams targeting Apple users have done away with the usual visually prominent error messages. Instead, they open the potential …

Identity theft concerns won’t hold back holiday shopping
Despite concerns about identity theft and fraud, consumers don’t plan to curb their holiday shopping, according to Discover. While 62 percent of consumers are very or …

Criminals leverage unsecured IoT devices, DDoS attacks surge
Organizations experienced an average of 237 DDoS attack attempts per month during Q3 2017 – equivalent to 8 DDoS attack attempts every day – as hackers strive to take their …

The long tail of phishing attacks
Targeted phishing has become the single most effective attack type in the world today. Phishing attacks have been the root cause of the majority of the large-scale data …

The tools criminals use to prepare a stolen iPhone for resale
Reselling stolen mobile phones is a lucrative business all over the globe, and iPhones are very much in demand. Whether lost or stolen, the iPhones are often locked by their …

Rise and evolution of ransomware attacks
Ransomware, malware that encrypts systems and then asks for a ransom to decrypt files and systems, has become more prevalent in recent years. In fact, two of 2017’s major …

IcedID: Original new banking Trojan emerges
IcedID, a new banking Trojan that does not seem to have borrowed code from other similar threats, has entered the financial cybercrime arena. It was first spotted in the wild …