Cybercriminals shift tools, tactics and procedures to improve infection rates

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…

6.4 billion fake emails sent every day

The Valimail Q2 2018 Email Fraud Landscape shows that fake email continues to be a serious problem, with an estimated 6.4 billion fake emails sent every day. That total includes only exact-domain sender spoofing, in which senders put a fake email address in the From: field of their messages. This is one of the most…

Don’t start the blockchain revolution without making security a top priority

McAfee released a report detailing the numerous cybersecurity risks associated with blockchain-based cryptocurrencies, and asserts the necessity of making cybersecurity a top priority as industry builds out the foundations for the widespread implementation of blockchain technologies. Demand for blockchain technology continues to grow among some of the most established industries worldwide, including the government, finance,…

Has paying the ransom become business as usual?

Radware released its 2018 Executive Application and Network Security Report. For the first time in the survey’s five-year history, a majority of executives (53%) reported paying a hacker’s ransom following a cyber attack. According to the report, 69% of executives said that their company faced a ransom attack in the past year, compared with only…

25% of companies affected by cloud cryptojacking

Cryptojacking has unquestionably gone mainstream. Despite heavy media and industry attention, organizations are struggling to meet compliance requirements in public cloud environments, according to RedLock. On the flip side, there’s evidence that companies are becoming more aware of cloud account compromises and implementing best practices to prevent attacks, but there’s still no shortage of new attack…

Organisations across the UK are still struggling with ransomware

A year after the WannaCry ransomware attack impacted an estimated 200,000 victims, new research has revealed that organizations across the UK are still struggling to deal with ransomware. Webroot surveyed over 400 IT decision makers at UK businesses and found that 45 percent of those surveyed had suffered a ransomware attack, with nearly a quarter (23 percent) actually paying the ransom….

Millennials, Women May Bridge Cyber Talent Gap

Younger generations, particularly women, could be the answer to a cybersecurity skill shortage expected to reach 1.8 million unfilled roles by 2020. A survey of millennials and post-millennials in the US gives some optimism about the cybersecurity talent gap, which seems doomed to worsen due to perception challenges about industry careers, poor access to early…

Should governments regulate social media data collection?

Venafi announced the results of a survey querying 512 security professionals attending RSA Conference 2018. The survey evaluated opinions on the intersection of cyber security, privacy threats and government regulation. According to the survey, 70 percent of respondents say governments should regulate the collection of personal data by social media companies to protect user privacy. However,…