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Ransomware's Global Price Tag To Hit $20B By End Of 2021

Scams & Phishing

Ransomware's Global Price Tag To Hit $20B By End Of 2021

Ransomware, a type of malware that can literally end the future of a business, has been growing strong and improving year after year. Data from Cybersecurity Ventures shows the global financial cost of ransomware in 2021 will reach $20 billion. The estimated frequency of these attacks is expected to reach every 11 seconds by 2021, up from one every two minutes in 2016.Ransomware is expected to worsen and make up even larger shares of cybercrime by next year. READ FULL STORY

Scams & Phishing

In Shadow Of Coronavirus: Phishing Campaign Uses Job Hunting As Foil
July 21, 2021

At a time when most are anxious for life to get back to “normal,” returning to work is a big part of making that happen. While the number of coronavirus cases continues to go down in some areas and surge in others, there’s another escalation going on and its name is “cybercrime.” The level of hacks reported last month hit its own peak with a 16% increase compared to March and April of this year and they are using resumes and medical leave forms to make that happen. READ FULL STORY

A Look At 2021 Hacking Trends Inherited From 2020

Your Security

A Look At 2021 Hacking Trends Inherited From 2020

With the price tag for cybercrime set to hit $6 trillion globally this year, 2020 provided a massive and historic spike in cybercrime that continues today. The pandemic alone provided the environment for a cybercrime explosion. What we’re now seeing are improvements to the cybercrimes of last year, making them more effective and devastating than ever. Cybersecurity experts find last year’s attacks exposed weaknesses in our systems that continue to provide criminal opportunities today. READ FULL STORY
Trojan-Loaded Apps Found In Google Play Store

Mobile Security

Trojan-Loaded Apps Found In Google Play Store

Most of us have our own personal pocket computer these days in the form of a smartphone or tablet. However, sometimes what we want to download to those, like what we put on our laptops or desktops, should be very carefully scrutinized in advance. Case in point—researchers at Dr. Web have found that at least nine apps that can be found in the Google Play Store harbor malicious code. Unfortunately, they have already been downloaded more than 5.8 million times by unsuspecting users. READ FULL STORY
Don’t Let Hackers Steal Your Online Shopping Glee

Education

Don’t Let Hackers Steal Your Online Shopping Glee

At a time when coronavirus is at its worst in the U.S., more shopping of all types is happening online this year than ever before. In fact, according to a recent survey by CreditCards.com, 70% of Americans will do just that. Last year saw just 51% of shoppers using online stores for holiday gifts, but shopping online for everything is on the rise. Cybercrime is already at historic rates thanks to coronavirus-themed hacks, so make the choice to shop smart as long as we're all sheltering-in-place. READ FULL STORY

Education

Top Phishing Scams Continue To Improve And Grow
July 17, 2021

Much to our dismay, cybercrooks keep finding ways to better the phishing tools they have and find other ways to include new and sneakier methods of thievery. Organizations and individuals are targets and money, identities, credentials, and more are stolen from both every day. Even cyber-savvy users can get caught in phishing scams if they don’t pay close attention to the signs and signals that something isn’t quite right. Reviewing the most pervasive phishing scams is always recommended. READ FULL STORY

2021 Hacking Trends Spotlight; Cryptomining Emerges As Security Threat

Your Security

2021 Hacking Trends Spotlight; Cryptomining Emerges As Security Threat

Cryptomining, the partner to cryptocurrency, is an elusive concept for many of us but likely won’t stay that way for long. A report from Cisco finds cryptomining opens the door for other cybercrimes and criminals, including those that steal data and perform other malicious activities. Cryptocurrency is much more publicized than cryptomining, and as a result, many aren’t aware the two depend on each other to survive. A closer look at this trending cyber threat can shed light on a looming security threat to us all. READ FULL STORY
304 Million Ransomware Attacks In 2020

Corporate Security

304 Million Ransomware Attacks In 2020

Those directly affected by the Colonial Pipeline ransomware attack earlier this year will tell you it hit home in a very real way. However, up until the attack, those same people would likely shrug their shoulders at the mention of ransomware. This high-profile hit that shut down 45% of the East Coast’s fuel made ransomware a household word. The lessons learned are many, but mostly that much more needs to be done to keep ransomware at bay. READ FULL STORY
More Hackers; More Hacks. Microsoft Says It's Not Just Hafnium Attacking Exchange Servers

Corporate Security

More Hackers; More Hacks. Microsoft Says It's Not Just Hafnium Attacking Exchange Servers

Microsoft announced that Hafnium, the state-sponsored cybercriminal group operating from China, is not the only threat actor launching attacks against flaws in its Exchange Server. In an update, Microsoft said the company “continues to see increased use of these vulnerabilities in attacks targeting unpatched systems by multiple malicious actors beyond Hafnium.” More than 30,000 organizations in the United States have been hacked by Hafnium. READ FULL STORY
What's Hiding In That .BMP Image? Lazarus Hacking Group Knows

Your Security

What's Hiding In That .BMP Image? Lazarus Hacking Group Knows

Harmless images we see every day online, including as attachments in our emails, may not be so harmless after all. According to Malwarebytes, long time threat actor Lazarus group, back by North Korea, is now cleverly embedding malware in image files that escape detection by anti-virus software. Lazarus APT (advanced persistent threat) group is thought to be one of the most notorious and sophisticated cybercrime organizations in the world today. READ FULL STORY
What Is The Price Of The Average Data Breach? Awareness Training May Be The Key To Prevention

Corporate Security

What Is The Price Of The Average Data Breach? Awareness Training May Be The Key To Prevention

The price tag for a data breach went up this year, way up. Although the global average cost per breach is now a whopping $3.86 million, the average cost for the U.S. is $8.64 million, the most expensive in the world. IBM’s “2020 Cost of a Data Breach” report sheds light on the growing financial costs of a breach, having increased by more than $2 million each over the past two years. The report also finds employees are the costly reason behind enterprise data breaches. READ FULL STORY
Tips for Securing Your Mobile Devices

Education

Tips for Securing Your Mobile Devices

Nearly all of us these days have some type of mobile device that is essentially a part of us. It is filled with all kinds of personal information, such as our contacts, our email conversations, and perhaps even our health information. Losing it, having it accessed without permission, or finding out it’s infested with malware can be a really scary moment. Fortunately, there are some things you can do to protect those devices and the information on them. READ FULL STORY
Passwordstate Users Put Into Quite A State When Update File Is Compromised

Your Security

Passwordstate Users Put Into Quite A State When Update File Is Compromised

Have you ever wondered why some cybersecurity experts don’t endorse password manager products? We know, we know, there are just soooooo many passwords to remember and it truly is impossible to do, so we are always trying to figure out tricks to help. Password managers often come up in conversation as an option. But recent news has surfaced that might cause you to rethink using these products and finding an alternate solution. And you won't like the task at hand if you are a user of Passwordstate. READ FULL STORY
Fake Browser Updates Source Of Ransomware And Banking Malware

Scams & Phishing

Fake Browser Updates Source Of Ransomware And Banking Malware

An all-out alarm reported by Surcuri finds bogus alerts circulating about the need to download the latest browser update. Although it’s always recommended to keep software up to date, this report finds hackers are exploiting that call to action in a big way. Using fake updates isn’t exactly a new hacking exploit, but hackers are getting better at it over time and this latest attack is a solid example of that. In this latest discovery, hackers use email links or script code to compromise a webpage. READ FULL STORY




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