More than 50 percent of security and IT leaders agree that they are very concerned about the security of corporate endpoints given the prevalence of sophisticated attack vectors like ransomware, disruptionware, phishing and more, according to a survey from RSA Conference 2020 by Absolute. Cybersecurity spending on the rise According to recent industry reports, 2019…

Modern malware is increasingly leveraging evasive behaviors, a new report by VMware Carbon Black released at RSA Conference 2020 has revealed. The report uncovers the top attack tactics, techniques, and procedures (TTPs) seen over the last year and provides specific guidance on ransomware, commodity malware, wipers, access mining and destructive attacks. Among some of the…

Zscaler released their second annual IoT report, compiled after analyzing their customers’ IoT transactions in the Zscaler cloud for two weeks. The company found 553 different IoT devices across 21 categories from 212 manufacturers. Organizations around the world are observing this Shadow IoT phenomenon, where employees are bringing unauthorized devices into the enterprise. With this…

Organizations are detecting and containing attacks faster as the global median dwell time, defined as the duration between the start of a cyber intrusion and it being identified, was 56 days. This is 28% lower than the 78-day median observed in the previous year, according to FireEye. Consultants attribute this trend to organizations improving their…

The finance director of the island’s Industrial Development Company, Rubén Rivera, said in a complaint filed to police Wednesday that the agency sent the money to a fraudulent account. Rivera said the government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance…

The new coronavirus outbreak, which started in China, has made a lot of headlines recently and has caused global panic. Over 40,000 infections have been confirmed and the death toll has exceeded 1,000. The virus has been named 2019-nCoV and Covid-19. Given the virus’s impact, it’s not surprising that cybercriminals and fraudsters have been leveraging…

Panic and confusion about the recent coronavirus outbreak spurred threat actors to launch several malware campaigns across the world, relying on a tried-and-true method to infect people’s machines: fear. Cybercriminals targeted users in Japan with an Emotet campaign that included malicious Word documents that allegedly contained information about coronavirus prevention. Malware embedded into PDFs, MP4s,…