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…

Websites Attack Attempts Rose in Q2

New data shows attackers are trying to sneak past malware scanners on websites using stealthy hacks such as cryptojacking and malicious JavaScript. Website security service provider SiteLock analyzed data from 6 million customer websites for the second quarter of 2018 and found that a website, on average, suffers 58 attack attempts per day – or…

Phished credentials caused twice as many breaches than malware in the past year

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…

Banking Trojan attacks increase, large scale Ramnit campaign impacts organizations worldwide

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…