Cybercrime is continuing to mature and becoming more and more bold, shifting its focus to larger and more profitable targets as well as new technologies. Data is the key element in cybercrime, both from a crime and an investigate perspective. These key threats demonstrate the complexity of countering cybercrime and highlight that criminals only innovate…

Consumers are more worried now about their protected health information (PHI) being compromised, thanks to high-profile breaches like Anthem and Allscripts. The recent RSA Data Privacy Report surveyed 7,500 consumers in Europe and the US. It showed that 59 percent of the respondents were concerned about their medical data being compromised. Thirty-nine percent were worried…

Cyber extortionists’ ransom demands have surged in recent years, as ransomware cotinues to cripple the operations of manufacturers, hospitals, and — most recently — local governments. Yet those demands may have hit an upper limit. On September 4, Mayor Jon Mitchell of New Bedford, Mass., announced that the town refused to pay a $5.3 million…

Anomali announced the results of a survey conducted by The Harris Poll. It includes responses from more than 2,000 American adults and reveals how Americans believe business and government organizations should respond to ransomware attacks as well as their opinions on cybersecurity in general. This survey suggests that Americans believe government and businesses alike should…

The financial impact of ransomware rose by 60%, losses from business email compromise (BEC) doubled, and cryptojacking incidents more than tripled, all despite the fact that overall breaches and exposed records were down in 2018, according to Internet Society’s Online Trust Alliance (OTA). The data shows that cybercriminals are getting better at monetizing their activities,…

If we want to anticipate how malware will evolve in the near future, we have to keep two things in mind: past threats and current technical developments. “The evolution of malware-related threats is like a sine wave movement, re-infused by new technology developments,” Christiaan Beek, Lead Scientist and Senior Principal Engineer, McAfee, told Help Net…

A cyberattack has shut down international production at Asco, a company in Zaventem, Belgium, that is a significant supplier of parts to airline manufacturers around the world. According to the company, it has shut down all manufacturing operations in Belgium, Germany, Canada, and the US, sending more than 1,000 of their 1,400 global workers home….