How cybercriminals abuse the travel and hospitality industry

The travel and hospitality industry suffers billions of losses each year due to fraud. “With the right combination of other underground services (compromised accounts, credit cards, etc.) it is possible to cover almost every aspect of the holidays, including food and restaurants, shopping, entertainment, guided tours and more – way beyond flights and hotels,” Vladimir…

Insurers, Nonprofits Most Likely to Fall for Phishing: Study

The employees of insurance companies and non-profit organizations are most likely to fall for phishing attacks, according to a study conducted by security awareness training firm KnowBe4. KnowBe4’s study is based on data collected from six million users across 11,000 organizations. The company has tested users at three stages: before any awareness training, after 90…

Man Admits to Directing DDoS Attacks Across the US

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…

Insights from 700M thwarted cyberattacks show how the fight against cybercrime has intensified

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…

Exploits and fileless malware drive record new malware surge

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…

Hackers Target Security Firm Fox-IT

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…

Trump Signs Bill Banning Kaspersky Products

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…