Hot for Security

MARCH 19, 2021

The FBI’s Internet Crime Complaint Center (IC3) is out with its annual Internet Crime Report, revealing that Business Email Compromise (BEC) remains a lucrative affair for cyber crooks – 62 times more lucrative than ransomware. On the ransomware front, the IC3 received 2,474 complaints with adjusted losses of over $29.1

Ransomware 87

Ransomware Identity Theft Scams Social Engineering 87

eSecurity Planet

AUGUST 3, 2023

New AI-powered cybercrime tools suggest that the capability of AI hacking tools may be evolving rapidly. The creator of FraudGPT, and potentially also WormGPT , is actively developing the next generation of cybercrime chatbots with much more advanced capabilities.

Social Engineering 77

Social Engineering Cybercrime Engineering Cybersecurity 77

CyberSecurity Insiders

OCTOBER 14, 2021

The FBI recently published a warning stating that ransomware gang OnePercent Group has been attacking companies in the US since November 2020. This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email.

Social Engineering 133

Social Engineering Ransomware Engineering Phishing 133

SecureWorld News

JULY 3, 2023

As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyber threats we face daily? According to PurpleSec, 98% of cybercrime relies on social engineering to accomplish it.

Cybercrime 91

Cybercrime Social Engineering Data breaches Education 91

The Last Watchdog

JUNE 21, 2020

Ransomware is undoubtedly one of the most unnerving phenomena in the cyber threat landscape. Related: What local government can do to repel ransomware Ransomware came into existence in 1989 as a primitive program dubbed the AIDS Trojan that was spreading via 5.25-inch None of these early threats went pro.

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Ransomware Hacking Encryption Penetration Testing 243

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

SecureWorld News

MAY 5, 2023

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

Ransomware 87

Ransomware Cyber Risk Cyber Insurance Social Engineering 87

CyberSecurity Insiders

JUNE 13, 2023

In our increasingly digital world, where technology permeates every aspect of our lives, cyber-security awareness has become an indispensable skill. With cyber threats on the rise, it is cru-cial for individuals and organizations to prioritize their online safety. Stay vigilant, stay informed, and stay secure.

Cybersecurity 93

Cybersecurity Education Cyber threats Passwords 93

CyberSecurity Insiders

APRIL 5, 2023

North Korea has established a hacking group named APT43 to fund its cybercrime activities, aimed at advancing Pyongyang’s geopolitical interests. The post North Korea dedicates a hacking group to fund cyber crime appeared first on Cybersecurity Insiders.

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Hacking Social Engineering Cryptocurrency Manufacturing 105

SecureWorld News

NOVEMBER 8, 2023

Social engineering attacks have long been a threat to businesses worldwide, statistically comprising roughly 98% of cyberattacks worldwide. Given the much more psychologically focused and methodical ways that social engineering attacks can be conducted, it makes spotting them hard to do.

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Social Engineering Engineering Cyber Attacks Artificial Intelligence 95

Spinone

OCTOBER 21, 2020

It bears multiple risks and may or may not result in a cyber incident. Types of cyber threats There are multiple ways to categorize cybersecurity threats. Social engineering. By objective: Intentional threats occur as a result of an ill will of a cybercriminal. By source: Physical damage.

Cybersecurity 52

Cybersecurity Social Engineering Cyber threats Engineering 52

Identity IQ

DECEMBER 20, 2023

This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. Major Breaches of 2023 Casino operator attacks: Casino giants MGM and Caesars were hit by disruptive cyberattacks in September involving concerning tactics such as social engineering.

Data breaches 72

Data breaches Identity Theft Cybercrime Social Engineering 72

Security Boulevard

DECEMBER 19, 2022

biased exclusivity and double layer monetization combination where the attacker might only sell the database to its actual owner and actually get rid of it once they receive the payment.

Penetration Testing 72

Penetration Testing Cybercrime Data breaches Social Engineering 72

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware. In 2020 alone, 79 ransomware attacks were conducted against government entities in the U.S., Social Tactics. billion in reported losses. costing an estimated $18.88

Social Engineering 118

Social Engineering Energy and Utilities Phishing Scams 118

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. Businesses Many financials not only carry the burden of protecting their customers, but are also at risk of falling victim to cybercrime themselves.

Scams 81

Scams Banking Cyber Insurance Phishing 81

eSecurity Planet

MAY 3, 2022

According to Group-IB, the likelihood of the database systems being used in cybercrime and security breaches is high. The CRI study noted five major cyber threats: Social engineering and phishing attacks that gain entrance to networks via scam emails with malicious attachments or links. Ransomware.

Social Engineering 128

Social Engineering Internet Internet Risk 128

BH Consulting

MAY 23, 2023

Say it again, I double dare you Anyone familiar with phishing and social engineering will know scammers often use psychological tricks to get victims to divulge personal data. Repetition can lead people to over-disclose information, that could then put them at risk of identity theft and cybercrime.

Artificial Intelligence 52

Artificial Intelligence Identity Theft Social Engineering InfoSec 52

CyberSecurity Insiders

MAY 18, 2022

Not long ago, it was revealed that T-Mobile had been breached by bad actors who convinced employees to switch their SIM cards to let them bypass two-factor identification — reminding us how effective social engineering can still be. Once this communication is blocked, the malicious software essentially becomes inert.

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DNS Cybersecurity CISO Social Engineering 140

SecureWorld News

OCTOBER 19, 2023

All of this makes it more difficult for organizations to protect themselves from new and emerging cyber threats. This can make it more difficult for organizations to keep up with the latest cybersecurity threats. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain.

Cybersecurity 81

Cybersecurity CISO Education Phishing 81

NopSec

DECEMBER 7, 2016

Ransomware Ransomware is a type of virus that impairs the use of a computer or damages the files stored on it unless a ransom is paid. Modern variants of ransomware, called crypto ransomware, entomb the files stored on a hard drive using strong encryption. SCADA Access As A Service (SAaaS) Cybercrime is a business.

Cyber threats 40

Cyber threats Cyber Attacks Ransomware Manufacturing 40

SecureWorld News

MARCH 1, 2023

Thinking like a fraudster can help create additional barriers for these social engineering tricks and form a foundation for effective security awareness training so that the human factor hardens an organization's defenses instead of being the weakest link. Yet another step in prepping for the attack is to proofread the email.

Phishing 89

Phishing Social Engineering Scams Security Awareness 89

eSecurity Planet

APRIL 22, 2022

Ransomware Drives Up Costs, Lowers Coverage. Not surprisingly, ransomware insurance has become popular and is included in many policies. This is driven by the proliferation of cyber claims across the entire market, particularly ransomware related. billion in direct written premiums. AI, ML Playing a Role.

Cyber Insurance 101

Cyber Insurance Insurance Marketing Small Business 101

Spinone

OCTOBER 10, 2019

The blog often provides original research or statistics, dedicated to cyber threats and protection from them. In this blog, you can find detailed info about ransomware protection, wireless security, and much more. Their main focus is on cybercrime investigations. The main focus here is the social side of data loss.

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Cybersecurity IoT Antivirus Education 56

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

Digital Shadows

NOVEMBER 1, 2022

As we move towards the end of 2022, now is the time to take a look back at the major trends from the last eleven months and identify what might happen from a cyber threat perspective in 2023. Many groups that have faced law enforcement attention often follow an impactful attack being made against a sensitive target.

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Cyber threats Ransomware Media Data breaches 52

Herjavec Group

DECEMBER 15, 2021

The Rise of Ransomware. 2021 saw some of the most damaging ransomware breaches in recent history. While it’s certainly not new, ransomware has seen a steep increase in frequency and sophistication this past year. For cyber actors, it’s a lucrative cyber attack option that can be delivered in various ways.

Cybersecurity 52

Cybersecurity Digital transformation Ransomware Cyber Risk 52

The Last Watchdog

DECEMBER 12, 2023

A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyber threats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. The “trust but verify” approach is no longer viable in a landscape where threats can originate from anywhere.

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Cybersecurity Social Engineering Cyber threats Software 258

Security Boulevard

OCTOBER 2, 2023

(Source: IBM Security: Cost of a Data Breach Report 2023) According to recent research, the number of phishing attacks vastly outpaces all other cyber threats. Business Email Compromise (BEC), a type of phishing attack, results in the greatest financial losses of any cybercrime. billion USD globally.

DNS 64

DNS Phishing Social Engineering Engineering 64

Webroot

JANUARY 7, 2022

The cybercrime marketplace also continued to get more robust while the barrier to entry for malicious actors continued to drop. This has created a perfect breeding ground for aspiring cybercriminals and organized cybercrime groups that support newcomers with venture capitalist-style funding. “In Ransomware.

Cybercrime 105

Cybercrime Phishing Ransomware Cryptocurrency 105

eSecurity Planet

DECEMBER 19, 2023

Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. 2023 cybersecurity issues will continue: Weak IT fundamentals, poor cybersecurity awareness, and ransomware will still cause problems and make headlines.

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Cybersecurity CISO Government Technology 139

Thales Cloud Protection & Licensing

DECEMBER 16, 2021

Criminals tweaked existing forms of cybercrime to fit the pandemic narrative, abused the uncertainty of the situation and the public’s need for reliable information. As Europol notes “The opportunistic behavior of criminals during the pandemic, however, should not overshadow the overall threat landscape.

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Social Engineering Engineering Ransomware Phishing 126

SecureWorld News

OCTOBER 27, 2021

In today's connected environment, there are a large number of evolving cyber threats putting your organization at risk. And there is something else: there is always something new to learn about cyber threats. Liebes points out that annual cybercrime losses, including unreported crimes, could total $380 billion.

Cybersecurity 91

Cybersecurity Cybercrime Security Awareness Education 91

Security Affairs

NOVEMBER 4, 2022

Another alarming trend that emerged from the report is the increase in the number of threats, the experts observed a proliferation of zero-day exploits and AI-enabled disinformation and deepfakes. Ransomware continues to be one of the most dangerous threats for organizations worldwide, more than 10 terabytes of data are stolen monthly.

Cyber threats 118

Cyber threats Phishing Social Engineering Ransomware 118

CyberSecurity Insiders

JUNE 25, 2022

Social engineering. Social engineering is a method of attack in which a malicious person uses psychological manipulation to induce specific actions. Unlike other hacking attacks, this method does not use engineered systems or state-of-the-art software. Domain spoofing. Zero Trust Framework .

Cybersecurity 137

Cybersecurity Social Engineering Phishing Engineering 137

Security Boulevard

JANUARY 18, 2024

Nation-State attack dominance now underpins the capabilities, growth, and impacts of the cybersecurity industry Nation-state investment, innovation, and willingness to conduct complex attacks are the catalyst that underpins the advancement of malicious capabilities and empowers all levels of activity across the spectrum of cyber threat archetypes.

Risk 115

Risk Cybersecurity CISO Technology 115

Herjavec Group

JULY 29, 2021

But in spite of it all, the cybersecurity industry and the professionals within it continue to step up and tirelessly work to protect organizations against cyber threats. For every attack we hear about on the news, there are a hundred more that were prevented or detected and responded to by the cyber heroes behind the scenes.

Cybersecurity 52

Cybersecurity Digital transformation Cyber Attacks Ransomware 52

ForAllSecure

APRIL 21, 2023

Understanding the history of computer hacking is important for understanding its impact on technology and society, the current state of cybersecurity, and for developing effective strategies for protecting against cyber threats. Hacktivism, or the use of hacking to promote a political or social cause, also became prominent.

Hacking 75

Hacking Cybersecurity Internet Internet 75