One in Ten U.S. Organizations Hit by WannaCry: Study

A recent survey discovered that the vast majority of organizations in the United States weren’t prepared for the WannaCry ransomware attack, but just one in ten ended up being infected by the malware. WannaCry stormed the world in mid-May by leveraging a previously patched exploit called EternalBlue, which hacker group Shadow Brokers allegedly stole from the NSA-linked Equation…

Forecasting the Future of Ransomware

There’s no question that ransomware is one of the most formidable threats to a business. With so much riding on digitized data, important applications and other systems, any interruption to access of these crucial assets can quickly spell disaster for an organization. Despite efforts on the part of enterprises to educate staff and enhance their…

Briton Pleads Guilty to Mirai Attacks in German Court

A British man pleaded guilty last week in a German court to launching a cyberattack that resulted in more than one million customers of telecommunications provider Deutsche Telekom experiencing Internet disruptions. German media has identified the 29-year-old man as “Peter Parker” and “Spiderman,” online monikers linked to domains used to coordinate some attacks powered by…

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.

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…

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…

How Active Intrusion Detection Can Seek and Block Attacks

Researchers at Black Hat USA will demonstrate how active intrusion detection strategies can help administrators detect hackers who are overly reliant on popular attack tools and techniques. Penetration testers as well as bad-guy hackers typically rely on several common attack tools to break into business networks. Enterprises defending their networks can flip the equation on…

Businesses overconfident about keeping attackers at bay

Despite the increasing number of data breaches and nearly 1.4 billion data records being lost or stolen in 2016, the vast majority of IT professionals still believe perimeter security is effective at keeping unauthorized users out of their networks. However, companies are under investing in technology that adequately protects their business, according to Gemalto.