cybercrime
Facebook phishing surges, Microsoft still most impersonated brand
Vade Secure published the results of its Phishers’ Favorites report for Q2 2019. According to the report, which ranks the 25 most impersonated brands in phishing attacks, …
Ransomware attacks hit 1 in 5 Americans
Anomali announced the results of a survey conducted by The Harris Poll. It includes responses from more than 2,000 American adults and reveals how Americans believe business …
Researchers reveal the latest lateral phishing tactics
Emails coming from legitimate, compromised accounts are difficult to spot, both for existing email protection systems and the recipients themselves. Lateral phishing tactics …
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 …
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