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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

Cyber attacks are a threat to businesses of all sizes and in all industries. With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. By 2025, it is estimated that cybercrime will cost businesses worldwide $10.5

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Massive cyber attack hit the town hall of Marseille ahead local election

Security Affairs

While the Coronavirus is spreading worldwide, a massive cyber attack hit the town hall of Marseille and the metropolis. According to sources informed of the fact, the cyber attack is unprecedented in its scale. At the time there are no details about the attack and the family of ransomware that hit the city.

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Cyber CEO: The History Of Cybercrime, From 1834 To Present

Herjavec Group

We can learn a lot from the cybercrime of the past…the history of cybercrime is a glimpse into what we can expect in the future. In the past 18 months, we’ve experienced the beginning of an era that has seen cybersecurity and cybercrime at the center of it all. Dateline Cybercrime . Robert Herjavec.

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New Cyber Attack Campaign Leverages the COVID-19 Infodemic

Security Affairs

The file downloaded from this censorship free file hosting is actually a chunk of 125KB random looking bytes, suggesting it would likely be some binary payload protected with strong encryption. Figure 4: Piece of the encrypted file downloaded from “share.]dmca.]gripe”. New Cyber Attack Campaign Leverages the COVID-19 Infodemic.

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Entercom Radio Network hit by a second cyber attack in a few months

Security Affairs

A new cyber attack hit the radio network Entercom, this is the second time the company has suffered a similar security incident in a few months. A cyber attack hit the radio network Entercom, the incident has impacted the back-office functions and in some cases, the stations were apparently forced to run recorded programs.

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Two hacker groups are back in the news, LockBit 3.0 Black and BlackCat/AlphV

Security Affairs

Like all ransomware, this is a type of malware that, once introduced into an organization, encrypts the data and then requires the victim to pay a ransom in order to decrypt it. Black attack analyzed by TG Soft ‘s CRAM researchers, showed that access by cyber criminals was via exposed RDP. Black The LockBit 3.0

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VISA warns of cyber attacks on PoS systems of fuel dispenser merchants

Security Affairs

VISA is warning of ongoing targeted cyber attacks conducted by crooks on point-of-sale (POS) systems of North American fuel dispenser merchants. According to a security alert published by VISA, the PoS systems of North American fuel dispenser merchants are under attack. EMV Chip, Pointto -Point Encryption, Tokenization, etc.)