article thumbnail

Cybersecurity CEO: 5 Cybercrime Trends to Watch for in 2021

Herjavec Group

At the onset of the year, we predicted that the top priority for any CISO or CIO will be to manage the risk associated with digital transformation and enhance their security programs in order to keep up with new technological complexity. Ransomware, the fastest-growing type of cybercrime, will claim a new victim?

article thumbnail

RSAC insights: How IABs — initial access brokers — help sustain, accelerate the ransomware plague

The Last Watchdog

Related: How cybercriminals leverage digital transformation. IABs specialize in one specific area of the cybercrime ecosystem where the victims are accumulated and then sold off to the highest bidder,” he says. They’ve even got an escrow system to assure that one criminal is not scamming the other criminals.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Webroot

The increased reliance on decentralized connection and the continued rapid expansion of digital transformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. Cryptocurrency.

article thumbnail

Security Roundup May 2021

BH Consulting

The other kind of virus in 2020: cybercrime. Cybercrime attacks against businesses increased globally during 2020, and a quarter of victims were hit multiple times. MORE Trend Micro looks at how traditional scams mutated during Covid-19. MORE The ninth version of the MITRE ATT&CK knowledge base is available now.

article thumbnail

Protecting Against Leakware: 5 Strategies for Vulnerable Executives

SecureWorld News

According to a report from McAfee Enterprise and FireEye titled, "Cybercrime in a Pandemic World: The Impact of COVID-19," 81% of global organizations have experienced increased cyberthreats, and 79% experienced downtime from an attack during a peak season. Cybersecurity attacks are on the rise, especially since the ongoing COVID-19 pandemic.

article thumbnail

FBI warns of ransomware gang – What you need to know about the OnePercent group

CyberSecurity Insiders

Ransomware attacks like the ones carried out by OnePercent Group have been crippling businesses across the country since the FBI first reported a 37% uptick in cybercrime in 2018. How to spot their scam and protect yourself.

article thumbnail

Handling Pandemic Burnout While Balancing Digital Lifestyles and Cybersecurity

Hot for Security

They have slowly turned into an extension of ourselves, encompassing large volumes of information that in the end make up our real-life and digital selves.