Network Security

Issued by: Dark Reading

BEC Attacks Far More Lucrative than Ransomware over Past 3 Years

BEC fraud netted cyberthieves five times more profit than ransomware over a three-year period, according to Cisco’s midyear report released today. Despite all the recent attention paid to ransomware, cybercriminals walked away with $5.3 billion from business email compromise (BEC) attacks compared with $1 billion for ransomware over a three-year stretch, according to Cisco’s 2017…

Malware & Threats

Issued by: Dark Reading

US Banks Targeted with Trickbot Trojan

Necurs botnet spreads Trickbot malware to US financial institutions, while new Emotet banking Trojan attacks discovered – signalling increasingly complex attacks on the industry. The Necurs botnet has begun delivering the Trickbot banking Trojan to financial institutions in the United States, a sign of increasingly larger and more complex attacks on the industry.

Cloud Security

Issued by: Dark Reading

Catastrophic Cloud Attack Costs Would Rival that of Hurricane Damages

Lloyd’s of London estimates multi-billion-dollar loss figures in worst-case scenarios of a major zero-day exploit or massive cloud outage. WannaCry spread like wildfire in a matter of days reaching 150 countries and creating an anticipated $4 billion in losses, but if attackers were to launch a global, system-wide attack that hit a multitude of cloud-based companies,…

Mobile Security

Issued by: Dark Reading

‘AVPass’ Sneaks Malware Past Android Antivirus Apps

Researchers at Black Hat USA will release a toolset that studies and then cheats specific Android AV apps. A team of researchers from Georgia Tech built an Android hacking tool that snuck past nearly all of 58 Android AV antivirus programs in tests conducted via VirusTotal. Their AVPass toolkit includes a query function that vets…

Mobile Security

Issued by: Dark Reading

Apple iOS Malware Growth Outpaces that of Android

Number of iOS devices running malicious apps more than tripled in three consecutive quarters, while infected Android devices remained largely flat, report shows. iPhones and other devices running Apple’s iOS have seen a jump in malicious apps attacking them while Android malware infections have remained largely stable, according to a report released today by mobile…

Malware & Threats

Issued by: Security Week

UK Spy Agency Warns of State-sponsored Hackers Targeting Critical Infrastructure

The U.K. Government Communications Headquarters (GCHQ), Britain’s secret eavesdropping agency, warns that ‘a number of [UK] Industrial Control System engineering and services organisations are likely to have been compromised’ following the discovery of ‘connections from multiple UK IP addresses to infrastructure associated with advanced state-sponsored hostile threat actors.’ The warning comes from a National Cyber Security Centre…

Software Security

Issued by: CSO

Hacker allegedly stole $7.4 million worth of Ether in 3 minutes

While there is a general consensus that the Knightscope security robot in Washington, D.C., committed suicide on Monday, the same everyone-agrees-opinion is not true for the $7.4 million heist of the cryptocurrency Ether that happened on the same day. CoinDash maintains that a hacker made off with the Ether, which comes from the app platform ethereum, during its…

Malware & Threats

Issued by: Dark Reading

FBI Issues Warning on IoT Toy Security

IoT toys are more than fun and games and can potentially lead to a violation of children’s privacy and safety, the Federal Bureau of Investigation warned Monday. Internet-connected toys carry the potential of violating children’s privacy and safety, given the amount of information the toys can collect and store, the Federal Bureau of Investigation warned…