Did you know that public exploits for business applications have increased 100 percent since 2015?Today, over 77 percent of the world's transactional revenue touches an ERP system, making these applications an attractive target for cyber criminals looking to profit from the highly-sensitive and regulated data that...
Microsoft is warnings about a large-scale spamming campaign hitting several countries in Europe, with the attackers using an old Office exploit to send emails to victims that contain malware in RTF attachments.
Federal prosecutors brought racketeering and other charges against four people, including one U.S. citizen, related to Darkode, a notorious online forum that specialized in buying and selling of malware and other hacking tools. Law enforcement closed the site nearly four years ago.
A month after Baltimore's IT network was hit with the RobbinHood ransomware variant, officials believe the May 7 attack will cost $18 million, which includes recovering and restoring computer systems as well as lost municipal revenue.
The latest edition of the ISMG Security Report analyzes the "blame game" in the wake of a ransomware attack against the city of Baltimore. Also featured: Discussions of cyberthreats in the financial services sector and open source security concerns.
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C-level executives are 12 times more likely to be the target of social incidents and nine times more likely to be the target of social breaches. This is among the key findings of the latest Verizon's Data Breach Investigations Report. Author John Grim shares insight.
Law enforcement agencies in the U.S. and Europe have disrupted a malware attack platform called GozNym. Six suspects have been arrested in four countries and face local prosecution on fraud, money laundering or malware-writing charges. Five Russian suspects remain at large.
A staggering 79% of organizations are unable to distinguish between good and bad bots, thus leading all too often to large attacks that go undetected by standard protection and mitigation systems and strategies.
This is the reason why implementing a global business strategy and innovative solutions against bots...
The volume of cyberattacks continues to increase, driven in no small part by the cybercrime-as-a-service ecosystem. Cybercrime service providers offer low-cost, highly automated tools designed to quickly effect account takeover, scrape websites for intellectual property, create a denial of service as well as commit...
The latest edition of the ISMG Security Report analyzes the FBI takedown of DeepDotWeb, a dark net portal. Also featured are discussions on healthcare app security and the repercussions of poor coding security.
The bad guys are getting very creative, impersonating an executive in your organization and asking for financial reports or they ask employees in payroll to make changes to bank accounts. According to the FBI, their efforts have earned them an estimated $12 billion through Business Email Compromise also know as CEO...
A Ukrainian national is facing wire fraud and other charges stemming from his alleged involvement in a years-long malvertising scheme that infected millions of PCs around the world. Authorities allege that he created a botnet that other cybercriminals could rent out.
Russian national Anton P. Bogdanov has been charged with stealing more than $1.5 million from the Internal Revenue Service via a tax return fraud scheme. He was arrested last November while on vacation in Thailand, at U.S. request, and subsequently extradited.
Marcus Hutchins, the British security researcher who helped stop the massive WannaCry ransomware outbreak in mid-2017, has pleaded guilty to developing and distributing "Kronos" banking malware.
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