U.S. businesses and consumers have reported experiencing more than $18 million in losses stemming from CryptoWall ransomware, the FBI warns. Security experts say ransomware's ease of use and low risk fuels the increasing numbers of attacks.
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Indian companies increasingly are victims of business e-email compromise, as hackers leverage social media networks and perform phishing attacks. Tarun Wig, co-founder at Innefu Labs, shares insight.
Symantec has issued new warnings about a malware strain known as Poweliks, noting that this Trojan is being used in conjunction with ransomware. But security experts disagree over the severity of the threat.
Britain's computer emergency response team - CERT-UK - reports that malware remains the dominant mode of online attack for cybercriminals, and Zeus their most preferred tool of choice. But the team is promoting a free information-alert service to help.
The FBI is offering a big-stakes reward for an alleged criminal who ranks at the top of its "cyber most wanted" list. But one cybercrime expert asks: "Would you cross the Russian mafia or some organized crime gang for $3 million?"
Much of today's crime is "cyber-enabled," warns cybercrime expert Raj Samani, and successfully blocking such attacks increasingly demands not just better technology and public-private collaboration, but also an understanding of psychology.
Mobile devices are expected to become the dominant banking and payment channel in the near future. This puts them directly in the cross-hairs of threat actors around the world as a prime vector to gain access to your information, network and money. In this session we'll see exactly how rogue apps, malware and...
As various batches of stolen credit card "dumps" are offered for sale with discount structures and money-back guarantees, it is clear just how sophisticated the Fraud Ecosystem has become. The fraudsters and their support teams have created well-organized forums offering a broad variety of products that constitute a...
The adoption of so-called "bring your own device" (BYOD) programs has raised new tensions between IT departments and workers over employer access to personally owned mobile devices. BYOD programs have opened the gates to a range of consumer devices in the workplace, raising concerns over data security and nonstandard...
Businesses targeted by ransomware attacks are increasingly willing to negotiate with - and even pay - their extortionists. But negotiating with cyberthieves is never a good idea.
The FFIEC warns U.S. financial institutions that they're at increased risk from attacks that are designed to harvest large amounts of credentials, as well as from destructive "wiper" malware attacks.
Community banking institutions are at great risk of cyber-attack because they often don't think they're targeted, says Scott McGillivray of Pacific Continental Bank, who describes how to convey this risk to senior management.
More hackers are holding data for ransom, demanding everything from bitcoins to the shutdown of nuclear reactors, under the threat of leaking sensitive information. But it's not clear how many such attacks generate revenue for attackers.
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