cybercrime

DDoS attacks: $100,000 per hour is at risk during peak revenue generation periods
Neustar and Harris Interactive conducted global, independent research of 1,010 directors, managers, CISOs, CSOs, CTOs, and other c-suite executives to find out how DDoS …

200 million financial services records breached in 2016, 900% increase from 2015
The financial services industry was attacked more than any other industry in 2016 – 65 percent more than the average organization across all industries, according to the IBM …

IT service providers, many other orgs targeted in long-standing attack campaign
US-CERT has released an alert warning about a sophisticated attack campaign using multiple malware implants and targeting organizations in the IT, Energy, Healthcare and …

Know your enemy: Defining the new taxonomy of malicious emails
Just as it is the default tool for most businesses, email’s capacity for rapid, mass communication has made it a favourite instrument of criminals. As a result, malicious …

Cybercrime can come in any shape or size, and not always the form you’d expect
Cyberespionage is now the most common type of attack seen in manufacturing, the public sector and now education, warns the Verizon 2017 Data Breach Investigations Report. Much …

Modern threat landscape: Seismic shifts in motivation and focus
Cybercriminals revealed new levels of ambition in 2016 – a year marked by extraordinary attacks, including multi-million dollar virtual bank heists and overt attempts to …

NoTrove threat actor delivering millions of scam ads
Researchers at RiskIQ have identified NoTrove, a threat actor that is delivering millions of scam ads that threaten consumers and further undermine the digital advertising …

Former Expedia IT support worker gets prison time for hacking execs’ emails, insider trading
A IT support technician formerly employed at Expedia offices in San Francisco was sentenced to 15 months in prison for securities fraud, plus three years supervised release. …

Ashley Madison users blackmailed again
Criminals are still trying to shake down users of the Ashley Madison dating/cheating online service. As you might remember, the service was hacked in 2015, and the attackers …

Phishing attacks responsible for three-quarters of all malware
With phishing now widely used as a mechanism for distributing ransomware, a new NTT Security reveals that 77% of all detected ransomware globally was in four main sectors – …

What motivates youngsters to get into cybercrime?
A UK National Crime Agency report, which is based on debriefs with offenders and those on the fringes of criminality, explores why young people assessed as unlikely to commit …

InterContinental confirms card data breach at over 1,000 locations
InterContinental Hotels Group (IHG) has reported last week that a huge number of their hotels in the US and Puerto Rico have been compromised with payment card …