Damaging cyberattacks surge ahead of 2018 U.S. midterm elections

Carbon Black released its Quarterly Incident Response Threat Report (QIRTR) aggregating key findings from IR partner investigations during the last 90 days. Key findings Destructive cyberattacks are on the rise. IR firms said that victims experienced destructive attacks 32% of the time Of 113 investigations Carbon Black partners conducted in the third quarter, 41 percent…

Increased dark web activity putting merchants and consumers at risk

Cybercriminals are increasingly targeting retailers and their customers through digital and social channels as retailers leverage new channels for increased revenue opportunities. In a joint report, IntSights scoured the Clear and Dark Web to assess retail data and goods being sold illegally, new cyber scam tactics and how cybercriminals impersonate brands online to trick unknowing…

USA and China identified as top cyber attack sources

NSFOCUS released its H1 Cybersecurity Insights report, which analyzed traffic from January 1, 2018 to June 30, 2018. Crypto miners Since the end of March, the number of crypto mining activities has risen sharply compared to the beginning of 2018. Among all crypto miners, WannaMine was the most active, responsible for more than 70 percent…

Cryptomining dethrones ransomware as top threat in 2018

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…

Cryptocurrency mining malware increases 86%

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…

A law enforcement view of emerging cybercrime threats

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…

Mobile fraud is increasing, attack rates rising 24% year-over-year

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…