Goznym Malware: Cybercriminal Network Dismantled In International Operation

An unprecedented, international law enforcement operation has dismantled a complex, globally operating and organised cybercrime network. The criminal network used GozNym malware in an attempt to steal an estimated $100 million from more than 41 000 victims, primarily businesses and Read More …

Cybercrime: Ransomware remains a ‘key’ malware threat says Europol

Targeted attacks replace spam campaigns, but Europol’s annual cybercrime report also warns that cryptojacking malware “may overtake ransomware as a future threat”. Ransomware remains the top malware threat to organisations, causing millions of dollars of damage and remaining a potent Read More …

Mastermind behind EUR 1 billion cyber bank robbery arrested in Spain

The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Read More …

‘Treat infosec fails like plane crashes’ – but hopefully with less death and twisted metal

The world has never been so dependent on computers, networks and software so ensuring the security and availability of those systems is critical. Despite this, major security events resulting in loss of data, services, or financial loss are becoming increasingly Read More …

Fast-growing cyber crime threatens financial sector: Europol

The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens critical parts of the financial sector, the head of Europol said on Wednesday. Online criminals have become so sophisticated that Read More …