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…

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…

DALLAS–(BUSINESS WIRE)–Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today 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. Crypto-jacking attempts are making the biggest impact so far this year. Trend Micro recorded a…

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…

Passwords are beginning to feel like the zombie that just won’t die. Even after Bill Gates famously called for their demise in 2004, this antiquated form of user verification is still alive and kicking. Yet, many remain hopeful that passwords will slowly be phased out as the world move towards stronger authentication. That is not…

SonicWall announces record numbers for malware volume, ransomware attacks, encrypted threats and chip-based attacks in the mid-year update of the 2018 SonicWall Cyber Threat Report. “Real-time cyber threat intelligence is more critical than ever as cybercriminals continue to find new attack vectors — like encrypted and chip-based attacks,” said Chad Sweet, CEO at The Chertoff…

Cryptomining has surpassed even ransomware as the revenue generator of choice according to a Cisco Talos report, which claims crypto-mining botnets can earn hackers up to $500 dollars a day and a dedicated effort could equate to more than $100,000 dollars a year. Representing the perfect balance of stealth and wealth for cybercriminals and some unscrupulous,…

Bitcoin is the pioneer and obvious leader in the cryptocurrency market. But in 2017 alternative coins, or “altcoins,” began to transform the market. Nearly 1,500 cryptocurrencies are currently in circulation, and new altcoins emerge every week with Monero, Zcash and Ethereum among the top challengers to Bitcoin. But beware. Much like opportunists who devised various…

The introduction of a new generation of connected, intelligent devices into the workplace has helped businesses become more productive, serve customers more efficiently and expand into new markets. But as more smart devices join the burgeoning Internet of Things (IoT), the transition has scrambled the historical notion of the corporate endpoint. We’ve moved beyond the…