Cybercrime

Ransomware Causes 15 Schools in Arizona To Stay Closed For a Second Day

The Flagstaff Unified School District (FUSD), in Arizona which consists of 15 schools and over 9,600 students, canceled classes on both Thursday and Friday after a ransomware virus was found on multiple servers.

Phishing Attacks Targeting Executives Now Top Cybersecurity Insurance Claims, Says AIG

A new report published by the insurance giant, AIG, claims phishing attacks via email, often targeted at senior executives, has overtaken ransomware.

By 2021 Cost of Cybercrime to Top Annual Natural Disasters and Global Drug Trade Costs, Says Report

By 2021, it is estimated that cybercrime will cost the global economy more than $6 trillion in damages, exceeding annual costs for natural disasters and the global drug trade.

Close to 200K Phishing Domains Discovered in a 5-Month Span, 66% Targetted Consumers, Akamai Reports

Between December 2, 2018 and May 4, 2019, 197,524 phishing domains were discovered, 66% of which directly targeted consumers according to the latest State of the Internet report by Akamai.

A Seattle Woman Charged With Capital One Data Theft Affecting 106 Million People

Major US bank Capital One Financial Corporation confirmed Monday evening that unauthorized access was made by an outside individual who obtained "certain types of personal information" on credit card products and Capital One credit card customers.

A 60% Rise Reported on Malware Designed to Harvest Consumers’ Digital Data, aka Password Stealers

A significant rise has been detected in the use of malware aimed at harvesting consumer data, known as password stealers.

Florida Cities Are Paying Hundreds of Thousands of Dollars in Ransom to Get Their Data Back

Lake City became the second Florida city to pay a substantial ransomware demand to hackers in less than a week.

Baltimore Gets Hacked: Main Computer Systems Crippled, Experts Estimate Months to Recover

On May 7, hackers breached parts of the computer systems that run Baltimore's government, taking down essential systems such as voice mail, email, a parking fines database, payment systems used for water bills, property taxes, real estate transactions and vehicle citations.

Hackers in Possession of Over 312K Files, 516GB Financial Data of Some of World’s Largest Companies

A report broke today revealing hackers have successfully breached a German internet infrastructure firm that provides services to several large companies, including Ericsson, Leica, Toshiba, UniCredit, British Telecom, Hugo Boss, NH Hotel Group, Oracle, Airbus, Porsche, and Volkswagen.

Hacker Has Released Close to a Billion User Records Over the Past Two Months, Reports ZDNet

A hacker by the name of Gnosticplayers has claimed responsibility for the hacking of 44 companies resulting in over a billion user data. Hacker also gotten dangerously close to releasing the records, ZDNet reports.

FBI, Department of Homeland Security Issue Warning About a North Korean Trojan Malware Variant

The US Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) this week issued a malware analysis report on Trojan malware variants linked to the North Korean government.

Russia Is Studying China’s Legislative Experience in Fighting Internet Corruption, Cyber-Terrorism

Russian State Duma deputy, chairman of the Committee on Security and Corruption Control Vasily Piskarev told Russian reporters on Tuesday that Russia is studying China's legislative experience in dealing with corruption, cyber-terrorism and cross-border crime on the Internet.

Cryptominers Infected 10x More Organizations Than Ransomware in 2018

A new security report reveals cryptominers infected ten times more organizations than ransomware in 2018, but only one in five IT security professionals were aware their company's networks had been infected by mining malware.

Volunteer-Based Project Succeeds in Taking Down 100,000 Malware Distribution Sites Within 10 Months

In March of 2018, abuse.ch, a non-profit cybersecurity organization in Switzerland, launched a project called URLhaus to collect and share URLs identified to be distributing malware.

McAfee Labs 2018 Report Reveals 480 New Threats Per Minute, Sharp Increase in IoT-Focused Malware

In its latest quarterly report, McAfee Labs has reported seeing an average of 480 new threats per minute and a sharp increase in malware targeting IoT devices.