McAfee Labs Confirms Cybersecurity’s Worst Nightmares

You already knew this, but let me throw another coal on the fire. Cybercrime is rampant, widespread, indiscriminate, and worst of all–on the rise. That’s not just speculation but confirmed in the McAfee Labs Threat report released yesterday. Not only…

Gone in 60 Seconds – 7 Scary Statistics About the Evil Internet Minute

Plenty of things can happen in a minute. And when it comes to your security online, those 60 seconds are enough to send your business into a tailspin. As companies around the world look to increase their online presence and…

IoT Hackers Could Hit a New Low By Targeting Water Supplies

By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. So,…

According to BIG, White-Collar Crime Could Double by 2028

When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland,…

5 Fierce Facts About Cybersecurity You Probably Don’t Want to Hear

It’s hard work running a business. It almost makes you ache for a simpler time when all you had to worry about was shoplifters stealing your goods. Now you’ve got confidential data, trade secrets, and, of course, plenty of money…

Top 7 Ways to Protect Yourself Against Cryptojacking

Cryptojacking is on the rise. In fact, it’s now one of the fastest-growing types of cybercrime. And here’s the real kicker: you don’t have to be involved in cryptocurrency to become a victim. In fact, just about as idyllic as…

Over $20M Worth of ETH Stolen from Misconfigured Wallets

Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature…

Is Cybercrime Getting Out of Control?

Stating that cybercrime is on the rise is rather like saying the world is round. Identifying this well-known fact is no longer any great discovery. But understanding the magnitude of the problem and how it affects us as we use…

Android App Allows Wannabe Cybercriminals to Create Custom Ransomware

Cybercriminals no longer need any coding experience to be able to make money extorting others. According to Symantec researchers, there is a new Android app spreading on Chinese underground forums allowing wannabe cybercriminals to create custom ransomware without having to write…

Cybercrime Is on the Rise in the Ethereum Ecosystem

Most cryptocurrency enthusiasts see Ethereum as a project that has a lot of potential. Its technology — most notably smart contracts — is certainly worth exploring. Unfortunately, any new form of technology will also attract people with less-than-honest intentions. The Ethereum ecosystem…

Research Shows Biological Malware Could Become the Next Big Threat

Human DNA is the blueprint for each and every one of us. This complex entity never ceases to amaze. According to new scientific research, DNA could one day be used to hack software programs. That may sound strange and scary at the…

Cybercriminals and Cyber Espionage Teams Use Steganography to Cover Their Tracks

Steganography is one of the most powerful and underutilized technologies we know today. Embedding information within images anyone can see is a great way to distribute data to others without relying on third-party communication channels. A new report from Kaspersky…

Alleged Mirai Botnet Creator Receives Suspended Sentence from German Court

The world was surprised to learn that a massive botnet had shut down multiple popular online services earlier this year. During this attack, platforms such as Facebook, Twitter, Netflix, and plenty of others suffered from extended outages. These attacks were…

Top 6 Types of Cybercrime Throughout 2016

According to a new report by the FBI, virtual currencies are not that much of a threat in the world of online and offline criminality. More specifically, virtual currencies attributed to $28.3m worth of crime-related financial damages throughout all of…

Top 5 Cybercrime Myths People Often get Wrong

In the world of cybersecurity, there are a lot of myths waiting to be debunked. Although it would seem certain trends and statistics always hold up, that is not necessarily the case. In fact, believing the myths makes companies and…

Survey Shows 76% Believe Ransomware is a Significant Business Threat

A survey conducted by Information Security Media Group (ISMG), a media organization devoted to information security and risk management, was recently published by Varonis Systems, a leading software solutions provider that aims to protect data from cyberattacks and insider threats.…

What Is SMS Phishing?

Criminals all over the world are constantly looking for new ways to take advantage of unsuspecting consumers and enterprises. SMS phishing has become  a very popular trend as of late. This trend, also known as “smishing”, combined social engineering techniques…

Android Ecosystem Faces Growing Banking Malware Threat

It is not surprising to learn the number of financial phishing and malware attacks has gone up throughout 2016. Last year was a top year for cyber criminals and it is believed 2017 will see more of the same. According…