The FBI’s shutdown of the 15 largest distributed denial-of-service (DDoS) for hire vendors (booters) reduced the overall number of attacks worldwide by nearly 11 percent compared to the same period last year. Along with the fewer total attacks, the average size decreased by 85 percent as did the maximum attack size by 24 percent, indicating…

The possibility of a large-scale cyber-attack having serious repercussions in the physical world and crippling an entire sector or society, is no longer unthinkable. Preparing for major cross-border cyber-attacks To prepare for major cross-border cyber-attacks, an EU Law Enforcement Emergency Response Protocol has been adopted by the Council of the European Union. The Protocol gives…

Coinhive has once again led Check Point’s Global Threat Index for the 15th consecutive month, despite the announcement that its services have been shut down from March 8th 2019. GandCrab ransomware Researchers have also discovered several widespread campaigns distributing the GandCrab ransomware that have targeted Japan, Germany, Canada and Australia. These nations are just part…

Social media-enabled cybercrime is generating at least $3.25B in global revenue annually, according to an extensive six-month academic study undertaken by Dr. Mike McGuire, Senior Lecturer in Criminology at the University of Surrey. Key insights One in five organizations have been infected with malware distributed via social media Reports of cybercrime involving social media grew…

Increased security measures and awareness are driving cybercriminals to alter their techniques in search of a better return on investment (ROI). As a result, two major shifts occured, including decreased reliance on malware and a decline in ransomware, as criminals increased their use of other cybercrime techniques with the potential for greater ROI, according to…

83 percent of security professionals believe that employees have accidentally exposed customer or business sensitive data at their organization. Accidental data breaches are often compounded by an organizational failure to encrypt data prior to it being shared – both internally and externally – putting their organizations at risk of non-compliance with major data privacy regulations,…

Cybercrime continues to evolve and become more sophisticated. AI and machine learning are leveraged by many criminal organizations to help them better understand how to improve their attacks and they are now targeting specific industry verticals, organizations and even individuals. Increases in the frequency of ransomware, phishing and crypto jacking attacks were experienced by businesses…

Check Point’s Global Threat Index for January 2019 reveals a new backdoor Trojan affecting Linux servers, which is distributing the XMRig crypto-miner. The new malware, dubbed SpeakUp, is capable of delivering any payload and executing it on compromised machines. The new Trojan currently evades all security vendors’ anti-virus software. It has been propagated through a…