cybercrime
Cybercriminals launder money through mansions, private islands and crypto currency
Cybercriminal proceeds make up an estimated 8-10 percent of total illegal profits laundered globally, amounting to an estimated $80-$200 billion each year, according to a …
Malicious activity surges coincide with geopolitical events
Comodo released its Global Malware Report 2017, which culminates a year of security analysis and research into threat patterns. Among its major findings: 2017 was a year of …
Record surges in healthcare attacks, fileless malware, cryptocurrency mining
During Q4 2017, McAfee Labs saw on average eight new threat samples per second, and the increasing use of fileless malware attacks leveraging Microsoft PowerShell. The Q4 …
Binance offers $250,000 for info about hackers who targeted its users
Binance, the popular Chinese cryptocurrency exchange focusing on crypto-to-crypto trading, has put a $250,000 bounty on the heads of the attackers who tried to pull off a …
Not all who pay a ransom successfully recover their compromised data
A new report by the CyberEdge Group found that 55 percent of responding organizations were compromised by ransomware in 2017, down from 61 percent in 2016. How victims …
Intelligence sharing is crucial in the fight against cybercrime
Malware variants previously focused on the financial sector are now successfully attacking non-banking targets, according to Blueliv. A higher level of collaboration and …
Cyber attacks becoming No. 1 business risk
SonicWall recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year. “The cyber arms race …
Mobile banking Trojans spread confusion worldwide
Consumers around the world that use mobile banking apps are at a greater risk of being tricked by cybercriminals and falling victim to mobile banking theft. This is according …
Cryptojacking is the new malware
The success of cryptocurrencies such as Bitcoin, is driving the increasing popularity of cryptomining, the process by which these currencies are earned. At its core, mining …
How to protect Office 365 data from ransomware attacks
Given the broad scope of services Microsoft Office 365 provides, it’s no surprise it has become one of the company’s fastest growing revenue streams. Widespread …
The economic impact of cybercrime? Almost $600 billion
Cybercrime costs businesses close to $600 billion, or 0.8 percent of global GDP, which is up from a 2014 study that put global losses at about $445 billion, according to a …
Counterfeit digital certificates for sale on underground forums
Signing malicious code with valid digital certificates is a helpful trick used by attackers to maximize the odds that malware won’t be flagged by antivirus solutions and …
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