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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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DoppelPaymer ransomware group suspects identified

Malwarebytes

The German police in cooperation with the US Secret Service have executed search warrants against suspected members of the DoppelPaymer ransomware group in Germany and Ukraine. Over the last years, DoppelPaymer claimed responsibility for a high-profile ransomware attack on Kia Motors America. Prevent intrusions.

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FBI: Compromised US academic credentials available on various cybercrime forums

Security Affairs

The FBI warns organizations in the higher education sector of credentials sold on cybercrime forums that can allow threat actors to access their networks. Crooks obtain the information by conducting spear-phishing and ransomware attacks, or other means. ” reads the alert published by the FBI. Pierluigi Paganini.

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WannaCry explained: A perfect ransomware storm

CSO Magazine

WannaCry is a ransomware worm that spread rapidly through across a number of computer networks in May of 2017. What is WannaCry? After infecting a Windows computer, it encrypts files on the PC's hard drive, making them impossible for users to access, then demands a ransom payment in bitcoin in order to decrypt them.

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Three cybercrime technology trends to watch in 2023

CyberSecurity Insiders

The “ NotPetya ” attack of 2017 – the most financially damaging cyberattack in history – and the 2018 “ Olympic Destroyer ” attack, which took down the entire technology system of the Winter Olympics in Seoul, South Korea, used wiper malware.

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Hitting ransomware for six: marking the anniversary of a valuable cybercrime tool

BH Consulting

For the past six years, a free project has helped ransomware victims to avoid paying criminals or suffering prolonged recovery times. During the last decade, the threat of ransomware has ratcheted steadily upwards. Since then, the portal has grown to become a valuable resource for victims of ransomware.