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…

The volume and complexity of DDoS attacks continued to grow in Europe during the final quarter of 2018, according to Link11. While Link11’s Security Operations Center (LSOC) registered 13,910 attacks in Q4 (12.7% down compared to Q3), the average attack volume grew by 8.7% to 5Gbps, and 59% of attacks used multiple attack vectors. Key…

2018 has been the year when cryptominers first dethroned ransomware as the most prevalent threat due to a meteoric spike in Bitcoin value in late 2017, then slowly trailed off when it began to nosedive. It’s also been the year of the mega breach (Facebook, Marriott, MyHeritage, Quora, etc.), the year when extortionists and sextortionists…

Companies globally could incur $5.2 trillion in additional costs and lost revenue over the next five years due to cyberattacks, as dependency on complex internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to Accenture. Based on a survey of more than 1,700 CEOs and other C-suite executives around…

Here’s a scary thought: Mobile devices may soon come with pre-installed malware on required system apps. While it might sound like a grim foretelling, pre-installed mobile malware is an unfortunate reality of the future. In the past, we’ve seen pre-installed malware with the notorious Adups threat, among others. “Pre-installed” means the malware comes already installed…

The Ponemon Institute surveyed more than 1,000 CISOs and other security and risk professionals across the US and UK to understand the challenges companies face in protecting sensitive and confidential information shared with third-party vendors and partners. According to the findings, 59 percent of companies said they have experienced a data breach caused by one…

Where there’s money, there has always been crime. Traditional bank robbery and physical assaults on ATMs are still a challenge, and now a new breed of cyber-enabled theft—using ATMs as the endpoint for cash-outs— has become a multibillion-dollar problem. One recent raid saw $13.5m stolen from India’s Cosmos Bank. Although the FBI issued a warning…