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The Cost of Cybercrime

Schneier on Security

Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. Several new cybercrimes are significant enough to mention, including business email compromise and crimes involving cryptocurrencies. and more on response.

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Malvertising Is a Cybercrime Heavyweight, Not an Underdog

SecureWorld News

A stepping stone to impactful cybercrime This tactic has tangible real-world implications. A DNS firewall and a classic antivirus are somewhat underused yet effective security tools that will come in handy. The silver lining is that such scams are fairly easy to avoid. Turn off autoplay for video content in your browser.

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How to Protect New Remote Workers Against Cybercrime

SecureWorld News

One of the major issues surrounds keeping remote workers protected against cybercrime. Within an office environment, workers have a number of protections, such as the company firewall and regularly updated infrastructure. For example, being aware of scams such as business email compromise (BEC) is more important than ever before.

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More Spending on Cybersecurity Means More Attacks?

SecureWorld News

However, the amount spent on cybersecurity is nothing compared to the amount of money projected to be lost by cybercrime. Is cybersecurity spending driving cybercrime? It's more likely to say that the increased spending around cybersecurity is driven in response to cybercrime and potential economic fallout. Not likely.

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Meet the Brains Behind the Malware-Friendly AI Chat Service ‘WormGPT’

Krebs on Security

Faced with customers trying to use WormGPT to create ransomware and phishing scams, the 23-year-old Portuguese programmer who created the project now says his service is slowly morphing into “a more controlled environment.” ” Image: SlashNext.com. WormGPT licenses are sold for prices ranging from 500 to 5,000 Euro.

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GUEST ESSAY – Notable events in hacking history that helped transform cybersecurity assessment

The Last Watchdog

Phishing scams, malware, ransomware and data breaches are just some of the examples of cyberthreats that can devastate business operations and the protection of consumer information. The news of this fast-spreading computer virus dominated headlines, and the creator, Onel de Guzman, was arrested for committing this cybercrime.

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Dodge online banking fraudsters with these 12 cybersecurity tips

IT Security Guru

With so many well known banking sites falling short when it comes to blocking fraudsters, cybersecurity experts at VPNOverview have compiled a list of 12 safety tips to keep your money safe from malware and phishing scams. What are the possible dangers of online banking?

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