Based on trends in the first half of 2018, Webroot found that cybercriminals are shifting to increasingly sophisticated and targeted means of attack while also expanding their money making endeavors, as shown by the uptick in cryptojacking and cryptomining. There has been a massive shift from ransomware to cryptomining Malware in general, including ransomware and…

McAfee released its McAfee Labs Threats Report September 2018, examining the growth and trends of new cyber threats in Q2 2018. In the second quarter, they saw the surge in cryptomining malware growth that began in Q4 2017 continue through the first half of 2018. McAfee also saw the continued adaptation of the type of…

Cybercriminals are adopting creative new techniques to target their victims at an unprecedented pace and are constantly seeking methods to avoid law enforcement detection. To stay ahead of them, law enforcement should target cybercriminals offering “off-the-shelf” cyber-attack services or products to make it more difficult for low-level cybercriminals to carry out high-level attacks. Europol’s fifth…

ThreatMetrix released new cybercrime insights from the first half of 2018, revealing a sharp rise in fraud attack levels on mobile transactions. As consumer behavior increasingly embraces mobile for virtually all online goods and services, fraudsters are starting to close the gap on this channel. Mobile becomes the go-to digital channel The rise of mobile…

Personal device use for remote work poses the biggest security risk to organisations safeguarding their increasingly mobile and cloud-based IT environment, according to a new survey of 100 UK-based senior IT security professionals. Conducted from March to May by Rant, the survey found 58 percent of respondents believe that network access from non-corporate and personally-owned…

Check Point revealed a significant increase in attacks using the Ramnit banking trojan. Ramnit has doubled its global impact over the past few months, driven by a large scale campaign that has been converting victim’s machines into malicious proxy servers. During August 2018, Ramnit became the most prevalent banking Trojan in an upward trend in…

Trend Micro released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources. Cryptojacking attempts are making the biggest impact so far this year. Trend Micro recorded a 96 percent increase in cryptocurrency mining detections in 1H 2018…

Fake emails targeting Office 365 users via malicious links inserted into SharePoint documents are the latest trick phishers employ to bypass the platform’s built-in security, Avanan researchers warn. The cloud security company says that the phishing attack was leveraged against some 10% of its Office 365 customers in the past two weeks and they believe…