article thumbnail

2022: The threat landscape is paved with faster and more complex attacks with no signs of stopping

Webroot

Earlier in 2021, we detailed the hidden costs of ransomware in our eBook. Many organizations when faced with an attack, gave into the demands of threat actors, paying hundreds of thousands of dollars on average. Cryptocurrency. There was no shortage of discussion surrounding cryptocurrency and its security flaws.

article thumbnail

Chinese fraudsters: evading detection and monetizing stolen credit card information

CyberSecurity Insiders

One method is to directly purchase cryptocurrency or gift cards through websites using stolen credit card information, which is popular for U.S. Additionally, NFTs and eBooks are also suitable for money laundering. There are various methods of cashing out.