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…

Better security needed to harness the positive potential of AI, mitigate risks of attacks

Despite heightened interest in enterprise deployment of artificial intelligence, only 40 percent of respondents to ISACA’s second annual Digital Transformation Barometer express confidence that their organizations can accurately assess the security of systems based on AI and machine learning. This becomes especially striking given the potential for serious consequences from maliciously trained AI; survey respondents…

83% of SMB owners have no cash put aside to deal with the fallout from a cyber attack

Small businesses are leaving themselves exposed to significant financial risk from cybercrime by not having adequate measures in place to recover in the event of a cyber attack. That’s according to the findings of InsuranceBee’s Cyber Survey, which asked more than 1,000 SMBs how prepared they are to deal with cybercrime. Although the average cost…

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…

How internal dysfunction puts your network at risk

IDG polled 200 network and cybersecurity professionals across the U.S. & Canada, and found almost inevitable consequences for organizations where network and cybersecurity teams have conflicting objectives, are managed in a siloed way, and have unequal or incomplete network visibility. 86% of respondents admitted to experiencing at least one of the following due to a…