Security Boulevard

MARCH 16, 2023

Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?

Scams 140

Scams Cryptocurrency Social Engineering Internet 140

IT Security Guru

NOVEMBER 20, 2023

They must recognise the scam patterns that may threaten a business’s data and take a unified approach to prevent data loss and mitigate cyber threats. According to the FBI , BEC is considered one of the fastest-growing, most financially damaging internet-enabled crimes and has resulted in more than $43 billion in reported losses.

Scams 117

Scams Phishing Backups Education 117

CyberSecurity Insiders

FEBRUARY 21, 2023

All these days we have read about ransomware spreading groups stealing data and then threatening to release it online, if the victim fails to pay heed to their demands. ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom.

Insurance 124

Insurance Ransomware Cyber Insurance Encryption 124

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

CSO Magazine

MAY 15, 2023

It can seem like cybercriminals are running rampant across the world's digital infrastructure, launching ransomware attacks, scams, and outright thefts with impunity.

Scams 115

Scams Cryptocurrency Ransomware Internet 115

Malwarebytes

APRIL 10, 2024

The Change Healthcare ransomware attack has taken a third cruel twist. A new ransomware group, RansomHub, has listed the organisation as a victim on its dark web leak site, saying it has 4 TB of “highly selective data,” which relates to “all Change Health clients that have sensitive data being processed by the company.”

Healthcare 87

Healthcare Ransomware Backups Software 87

Security Boulevard

MARCH 22, 2022

The FBI's Internet Crime Complaint Center (ic3.gov) gov) has released their 2021 Internet Crime Report. For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam. For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam.

Scams 98

Scams Artificial Intelligence Identity Theft Data breaches 98

Security Affairs

FEBRUARY 12, 2020

The FBI’s Internal Crime Complaint Center (IC3) released the FBI 2019 Internet Crime Report , a document that outlines cybercrime trends over the past year. Here we are to analyze the annual FBI 2019 Internet Crime Complaint Center (IC3) , one of the most interesting documents on the crime trends observed in the last 12 months.

Internet 110

Internet Internet Scams Cybercrime 110

Hot for Security

MARCH 2, 2021

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams. Be my valentine.

Scams 116

Scams Identity Theft Banking Phishing 116

SecureList

JULY 11, 2022

But there is a specific class of attacks that is technically stuck somewhere in the late 90s/early 00s, in the era of CRT monitors and sluggish internet: we are talking about text-based fraud. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Dating scams. Statistics.

Scams 113

Scams Accountability Banking Phishing 113

Malwarebytes

FEBRUARY 22, 2024

One of the most alarming trends our ThreatDown Intelligence team has noticed lately is the increased exploitation of legitimate Remote Monitoring and Management (RMM) tools by ransomware gangs in their attacks. The Barclays banking scam we wrote about in February 2024 is an example of this approach. Exploited by CACTUS.

Ransomware 70

Ransomware Scams Social Engineering Encryption 70

Adam Levin

MARCH 16, 2020

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500.

Scams 130

Scams Identity Theft Phishing Accountability 130

Malwarebytes

APRIL 10, 2024

The Change Healthcare ransomware attack has taken a third cruel twist. A new ransomware group, RansomHub, has listed the organisation as a victim on its dark web leak site, saying it has 4 TB of “highly selective data,” which relates to “all Change Health clients that have sensitive data being processed by the company.”

Healthcare 73

Healthcare Ransomware Backups Software 73

Malwarebytes

FEBRUARY 12, 2024

Our business solutions remove all remnants of ransomware and prevent you from getting reinfected. Want to learn more about how we can help protect your business?

DDOS 72

DDOS Internet Internet Scams 72

Malwarebytes

OCTOBER 11, 2023

This article is based on research by Marcelo Rivero, Malwarebytes' ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher.

Ransomware 110

Ransomware Social Engineering Backups Engineering 110

Krebs on Security

AUGUST 25, 2018

The sextortion email scam last month that invoked a real password used by each recipient and threatened to release embarrassing Webcam videos almost certainly was not the work of one criminal or even one group of criminals. In early June 2018, uscourtsgov-dot-com was associated with a Sigma ransomware scam delivered via spam.

Scams 129

Scams Internet Internet Passwords 129

The State of Security

MARCH 18, 2021

The FBI is reminding organisations of the serious threat posed by business email compromise (BEC) scams, declaring that it caused over $1.8 The newly-published annual cybercrime report from the FBI’s Internet Crime Complaint Center (IC3) reveals that it had received a record number of complaints and claims […]… Read More.

Ransomware 126

Ransomware Scams Cybercrime Internet 126

Krebs on Security

MAY 23, 2024

Two weeks before Russia invaded Ukraine in February 2022, a large, mysterious new Internet hosting firm called Stark Industries Solutions materialized and quickly became the epicenter of massive distributed denial-of-service (DDoS) attacks on government and commercial targets in Ukraine and Europe. The homepage of Stark Industries Solutions.

DDOS 271

DDOS Internet Internet Government 271

The Last Watchdog

JUNE 20, 2022

Or the payload might be a data exfiltration routine — or a full-blown ransomware attack. Sophos’ study of adversary activity found that some 47 percent of attacks started with an exploited vulnerability and 73 percent of attacks involved ransomware. Speaking of ransomware, cyber extortion continues to persist at a plague level.

Ransomware 235

Ransomware Digital transformation Marketing Software 235

The Last Watchdog

APRIL 6, 2020

Related : How ransomware became a scourge Ransomware attacks and email fraud have spiked to record levels across the U.S. These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. Texas, coincidentally, also happens to be the latest poster child for ransomware victimization.

Scams 147

Scams Social Engineering Ransomware Engineering 147

CyberSecurity Insiders

AUGUST 26, 2022

One of the most ruthless cyberattacks is a ransomware attack. What Is a Ransomware Attack? Ransomware is a cyberattack that uses malware – software created to infiltrate a computer system and damage or disrupt it. Ransomware attacks are about as old as the internet itself.

Ransomware 123

Ransomware Education Software Malware 123

Krebs on Security

NOVEMBER 22, 2021

In August, KrebsOnSecurity warned that scammers were contacting people and asking them to unleash ransomware inside their employer’s network, in exchange for a percentage of any ransom amount paid by the victim company. According to the FBI’s Internet Crime Complaint Center ( IC3 ), consumers and businesses reported more than $4.2

Scams 270

Scams Cybercrime Banking Identity Theft 270

SecureWorld News

MARCH 28, 2022

The FBI's Internet Crime Complaint Center (IC3) has released its annual report, providing the public with specific details on how cybercrime has evolved in the last five years, what threats were the most persistent, and what groups were the most targeted, along with a flurry of other information and statistics. Ransomware in 2021.

Internet 72

Internet Internet Cybercrime Ransomware 72

CyberSecurity Insiders

JULY 1, 2022

Ransomware-as-a-service gang is on the prowl of teenagers who can act as distributors for malware. As law enforcement is tightening the noose around black hat hackers in all ways, ransomware spreading groups are now focusing more on luring teenagers into their business distribution stream.

Ransomware 98

Ransomware DDOS Scams Education 98

Webroot

FEBRUARY 26, 2024

Identifying scams Before we dive headfirst into the cyber safety tips, let’s equip ourselves with the ultimate weapon: knowledge. Scams are the digital equivalent of a snake oil salesperson peddling miracle cures. They come in all shapes and sizes, lurking in the shadowy corners of the internet. Sound too good to be true?

Scams 99

Scams VPN Passwords Phishing 99

Malwarebytes

APRIL 4, 2023

Fake it till you make it ransomware groups are trying to get rich off the backs of genuine ransomware authors. Because they don’t actually create ransomware or compromise networks in any way. The battle plan of a fake ransomware group The general approach is as follows: Claim to be a different, genuine ransomware group.

Encryption 85

Encryption Ransomware Backups Scams 85

Malwarebytes

JUNE 7, 2023

As it’s usually easy to build up a picture of someone’s network on social media like Facebook and Twitter, the pressure may well be too much for the person on the receiving end of such a scam. With deepfakes on the scene, a lot of the pre-scam work can simply be discarded. That's how it usually works.

Scams 93

Scams Social Engineering Media Engineering 93

Malwarebytes

MARCH 6, 2024

For the second time in only four months, all is not well on the ALPHV (aka BlackCat) ransomware gang’s dark web site. ” The ALPHV ransomware dark web site has a new look So far, so FBI, but all is not what it seems. .” ALPHV is arguably the second most dangerous ransomware group in the world.

Ransomware 95

Ransomware Healthcare Backups Accountability 95

Malwarebytes

JULY 28, 2021

remember Sydney being referred to as “The Internet Olympics”. The London Olympics—the one where James Bond and the definitely real Queen jumped out of a helicopter —was a massive splash of malicious activity in internet terms. In terms of actual attacks which took place, we see the rise of mobile as a way in for Olympics scams.

Scams 134

Scams Hacking Malware Mobile 134

Threatpost

FEBRUARY 12, 2020

Cybercriminals double down on successful internet scams, with a focus on phishing, BEC and other defrauding schemes that have proven to work.

Scams 107

Scams Phishing Internet Internet 107

The Last Watchdog

APRIL 2, 2024

It’s a digital swindle as old as the internet itself, and yet, as the data tells us, the vast majority of security incidents are still rooted in the low-tech art of social engineering. Related: AI makes scam email look real Fresh evidence comes from Mimecast’s “The State of Email and Collaboration Security” 2024 report.

Social Engineering 211

Social Engineering Technology Engineering Accountability 211

Malwarebytes

JULY 14, 2023

Ransomware generates big money for the groups behind it, with new research confirming (some) of the scale of the problem. It’s claimed that ransomware groups could pull in around $900 million in 2023, with the return of “big game hunting” being one of the key factors for the bump. What is big game hunting?

Ransomware 78

Ransomware Cryptocurrency Backups Scams 78

Security Affairs

OCTOBER 17, 2023

What is the impact of ransomware on organizations? Based on Ransomlooker, a free Cybernews tool for monitoring the dark web and other hidden areas of the internet, 64% of organizations have already suffered from a ransomware attack. One employee’s mistake can cost a company millions of dollars.

Social Engineering 111

Social Engineering Ransomware Engineering Phishing 111

Malwarebytes

JULY 4, 2022

After a good start, the Internet-enabled, technological revolution we are living through has hit some bumps in the road. To celebrate Independence Day we want to draw your attention to five technologies that could improve life, liberty and the pursuit of happiness on the Internet. And yet almost every Internet account requires one.

Internet 107

Internet Internet Technology DNS 107

SecureWorld News

JUNE 16, 2022

When it comes to ransomware, cybercriminals are often thinking of new ways to pressure, or shame, their victims into paying the ransom. Cybercriminals from the ALPHV/BlackCat ransomware gang orchestrated the attack. Cl0p [ransomware gang] emailed my wife last year. It is quite the interesting cycle.

Ransomware 87

Ransomware Cybercrime Scams Phishing 87

Malwarebytes

JUNE 6, 2022

(It’s a bug) Is quantum teleportation the future of secure communications? The post A week in security (May 30 – June 5) appeared first on Malwarebytes Labs.

DNS 116

DNS Internet Internet Phishing 116

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 inch diskettes. inch diskettes. FBI spoofs 2012 – 2013.

Ransomware 243

Ransomware Hacking Encryption Penetration Testing 243