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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

According to the latest figures (PDF) released by the FBI Internet Crime Complaint Center (IC3), the reported losses from BEC scams continue to dwarf other cybercrime loss categories, increasing to $1.86 billion in 2020. billion in 2020. Image: FBI. ” Image: Sophos. – Canada. – Australia. – the UK.

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News alert: Nerds On Site develops ‘SME Edge’ solution for small- and mid-sized enterprises

The Last Watchdog

SME Edge verifies all connections in and out of offices, disallows internet traffic that has not been approved for enterprise use, and closes all network traffic loopholes, protecting against phishing, social engineering, and zero-day attacks. About Nerds On Site Inc.

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MY TAKE: Why COVID-19 ‘digital distancing’ is every bit as vital as ‘social distancing’

The Last Watchdog

As coronavirus-themed cyber attacks ramp up, consumers and companies must practice digital distancing to keep themselves protected. That, of course, presents the perfect environment for cybercrime that pivots off social engineering. Sadly, coronavirus phishing and ransomware hacks already are in high gear.

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Personal Cybersecurity Concerns for 2023

Security Through Education

The truth is technology has grown at an exponential rate and so has cybercrime. Cybercrime doesn’t just affect big businesses and national governments. The Internet of Things. IBM describes the internet of things (IoT) as the “the concept of connecting any device … to the Internet and to other connected devices.”

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Security Roundup August 2023

BH Consulting

Shedding the light of the law on cybercrime methods Today’s cybercrime landscape involves criminals operating across borders as business-like syndicates, says Europol. The agency’s ninth Internet Organised Crime Assessment (IOCTA) 2023 report gives a law enforcement perspective on current cybercrime techniques.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Cybercrime is a growth industry like no other. According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. Phishing complaints were reported over 300,000 times in 2021 to IC3, the only Internet crime to crack 100,000+ complaints.

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Ransomware attack on Brazil Nuclear Power Facility via Vulnerability

CyberSecurity Insiders

And an official confirmation says that the attack was launched by notorious North Korean Lazarus hacking group that is known for its social engineering attacks such as the Wannacry 2017.