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2017 cybercrime trends: Expect a fresh wave of ransomware and IoT hacks

Tech Republic Security

In 2017 the number could double. This year companies were rocked by over 90 million cyberattacks. Cybersecurity expert Sameer Dixit explains how new innovation leads to increased vulnerability.

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Cybercrime Statistics in 2019

Security Affairs

I’m preparing the slides for my next speech and I decided to create this post while searching for interesting cybercrime statistics in 2020. Cybercrime will cost as much as $6 trillion annually by 2021. The global expense for organizations to protect their systems from cybercrime attacks will continue to grow.

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BotenaGo botnet targets millions of IoT devices using 33 exploits

Security Affairs

Researchers at AT&T discovered a new BotenaGo botnet that is using thirty three exploits to target millions of routers and IoT devices. BotenaGo is a new botnet discovered by researchers at AT&T that leverages thirty three exploits to target millions of routers and IoT devices. CVE-2016-6277 NETGEAR R6250 before 1.0.4.6.Beta,

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Mirai V3G4 botnet exploits 13 flaws to target IoT devices

Security Affairs

During the second half of 2022, a variant of the Mirai bot, tracked as V3G4, targeted IoT devices by exploiting tens of flaws. Palo Alto Networks Unit 42 researchers reported that a Mirai variant called V3G4 was attempting to exploit several flaws to infect IoT devices from July to December 2022.

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TheMoon bot infected 40,000 devices in January and February

Security Affairs

A new variant of TheMoon malware infected thousands of outdated small office and home office (SOHO) routers and IoT devices worldwide. The Black Lotus Labs team at Lumen Technologies uncovered an updated version of “ TheMoon ” bot targeting end-of-life (EoL) small home/small office (SOHO) routers and IoT devices.

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Creator of multiple IoT botnets, including Satori, pleaded guilty

Security Affairs

Kenneth Currin Schuchman (21) from Vancouver, Washington pleaded guilty to creating and operating multiple DDoS IoT botnet , including Satori. Kenneth Currin Schuchman (21) from Vancouver, Washington, aka Nexus Zeta, pleaded guilty to creating and operating multiple DDoS IoT botnets. SecurityAffairs – Satori, cybercrime).

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Sonicwall warns of a spike in the number of attacks involving encrypted malware and IoT malware

Security Affairs

Ransomware continues to be a profitable business for the cybercrime ecosystem and the recent wave of attacks against US municipalities demonstrates it. The report also states that experts observed a spike in the number of cyberattacks against IoT devices carried out by IoT malware. “In 2017, SonicWall logged just 10.3

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