38% of consumers affected by ransomware pay up

Consumers are increasingly being targeted with ransomware, and many of them are paying up, according to Trustlook. Since the beginning of 2016, ransomware has gone from a relatively exclusive category of malware utility to a mainstream destructive tool used in wave after wave of phishing attacks against individuals and companies alike. Ransomware is now so…

The top 5 dumbest cyber threats that work anyway

The common conception of cyber attacks is kind of like bad weather: ranging from irritating to catastrophic, but always unpredictable. Hackers are simply too sophisticated to draw any reliable judgments on and we shouldn’t try. As it turns out, some hackers are fairly predictable in their successful use of really dumb attacks. Here’s a few.

Trend Micro report: Ransomware booming

The profitability of ransomware made it the top cyber threat last year in two categories: the number of attacks and the amount of money generated for crooks, according to a Trend Micro lookback on data collected from customers. Not only is the ransomware business booming, it’s innovating, with Trend Micro researchers identifying 752 new families…

Trump’s DHS pick urges more coordination on cyberthreats

President-elect Donald Trump’s pick for Homeland Security chief wants to forge closer ties with the private sector in the cyber arena. Gen. John F. Kelly (Ret.), a more than four-decade veteran of the Marine Corps, appeared this week before the Senate Homeland Security and Governmental Affairs Committee for his confirmation hearing, the second of Trump’s…

Bringing boards up to cyber speed

The exponential growth of cyber risk has impacted roles for the CISO and the CEO, among others, but it has also left board members a little in the dark when it comes to understanding the risks associated with cybersecurity. The National Association of Corporate Directors, NACD, who represents 88 percent of the Fortune 1000, recently released…

US election day faces specter of cyberattacks

Don’t be surprised if hackers make their presence felt on U.S. Election Day. Distributed denial-of-service attacks and high-profile leaks are among the tactics they might use if they try to influence Tuesday’s vote. Cybersecurity experts stress it would be incredibly difficult to hack the U.S. election. The system itself is distributed across the country over thousands…