New Mexico man pleads guilty to directing cyberattacks against his prior employers, business competitors, and law enforcement agencies. John Kelsey Gammell has pleaded guilty to engaging in, and directing, distributed denial-of-service (DDoS) attacks against websites of former employers, business competitors, and public services including law enforcement and courts, the US Department of Justice reported this…

2017 was a record-setting year in the fight against cybercrime. Based on analysis of real world cybercrime attacks, ThreatMetrix confirmed a 100 percent increase in volume of attacks over the last two years. The good news is that record numbers of these attacks are thwarted by organizations investing in innovative, digital-first strategies to protect consumers facing downstream attacks…

The percentage of companies reporting financially motivated cyber attacks has doubled over the past two years, with 50% of companies experiencing a cyber attack motivated by ransom in the past year, according to Radware. As the value of bitcoin and other cryptocurrencies has appreciated, ransom attacks provide an opportunity for hackers to cash out for…

McAfee released its McAfee Labs Threat Report: December 2017, examining the growth and trends of new malware, ransomware, and other threats in Q3 2017. McAfee Labs saw malware reach an all-time high of 57.6 million new samples – four new samples per second – featuring developments such as new fileless malware using malicious macros, a…

Fox-IT, the Netherlands-based cybersecurity firm owned by NCC Group, revealed on Thursday that it had been the victim of a man-in-the-middle (MitM) attack made possible by DNS records getting changed at its third-party domain registrar. The incident took place back in September and Fox-IT decided to disclose it now after conducting a detailed analysis. A…

U.S. President Donald Trump on Tuesday signed a bill that prohibits the use of Kaspersky Lab products and services in federal agencies. The National Defense Authorization Act for FY2018 (H.R. 2810) focuses on Department of Defense and Department of Energy programs, authorizes recruitment and retention bonuses for the Armed Forces, and makes changes to national…

As more and more sites switch to HTTPS, the number of phishing sites hosted on HTTPS domains is also increasing. “In the third quarter of 2017, we observed nearly a quarter of all phishing sites hosted on HTTPS domains, nearly double the percentage we saw in the second quarter. A year ago, less than three…

Clarkson, one of the world’s largest providers of shipping services, informed the public on Tuesday that it has suffered a security breach and the hackers may release some data taken from its systems. Clarkson provided only few details citing the ongoing law enforcement investigation, but the information it made public suggests that it was targeted…