After a spate of ransomware attacks on government organizations, the FBI has come up with a new stance on paying up ransomware demands. The latest groups to be targeted by high-value ransomware attacks are hospital organizations in Alabama, USA, and Victoria, Australia. Both Read More …
Security researchers have disclosed today an SMS-based attack method being abused in the real world by a surveillance vendor to track and monitor individuals. “We are quite confident that this exploit has been developed by a specific private company that Read More …
Financial cyberthreats are malicious programs that attack users of online banking services, electronic money, cryptocurrency and other similar services, as well as threats aimed at gaining access to financial organizations and their infrastructure. Kaspersky experts regularly analyze the statistics that Read More …
Regardless of location, legitimacy, or legality, markets of all kinds act in accordance with a prevailing set of forces. Made famous by business management guru Michael Porter, his eponymous Five Forces generally dictate how markets will operate — that includes Read More …
While underground forums have long been the purview of digital or internet-enabled crimes, recent developments have shown signs of increasing synergy and interaction between traditional criminals and cybercrime actors. Given the nature of the underground, it shouldn’t be a surprise Read More …
Prisoners in South Carolina posed convincingly as beautiful women on social media platforms. A sextortion ring that aimed “catfish” efforts at U.S. military service members has been uncovered. The scam bilked 442 service members from the Army, Navy, Air Force Read More …
The inner workings of a cyber attack against Tesco Bank which saw £2.26m stolen from 9,000 customers — and resulted in the bank being fined over £16.4m for the failings that allowed it to happen — have been revealed. The Read More …
Superdrug has been targeted by hackers claiming they had access to tens of thousands of customers’ personal details including dates of birth and phone numbers. The high street chain it had been contacted by someone who claimed that they had obtained the Read More …
About 301,580 consumers reported cyber-fraud and malware attacks to the FBI’s Internet Crime Complaint Center (IC3) last year – with reported losses exceeding a whopping $1.4 billion. The year’s haul of reports brings the overall total of complaints since the Read More …
Cyber crime generates $1.5tn (£1.1tn) in revenue every year, according to a groundbreaking report released at RSA Conference on Friday. The research, conducted by Surrey University criminologist Michael McGuire and commissioned by security firm Bromium, reveals that if cyber crime Read More …