Cybercrime #warning for #homes and #businesses

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BUSINESSES and households around the region have been warned about the growing danger of cybercrime. The rise of the internet has led to the potential impact of cyber-theft, cyber-vandalism and even cyber-extortion increasing dramatically, with experts warning that the more we rely on the net, the more potentially vulnerable we…


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Six #Cyber Threats to #Really #Worry About in #2018

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Hackers are constantly finding new targets and refining the tools they use to break through cyberdefenses. The following are some significant threats to look out for this year. More huge data breaches The cyberattack on the Equifax credit reporting agency in 2017, which led to the theft of Social Security…


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How #cyber criminals became The New #Mafia

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RANSOMWARE is emerging as the latest tool of choice for cybercriminals amid a rising trend of cybercrime attacks in recent years, data from the cybersecurity solutions provider Malwarebytes revealed recently. The company said between Sept 2015 and Sept 2017, the number of ransomware attacks detected had increased by a whopping…


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Malicious #malware: Lessons #learned and what to #expect from #cyber crime in 2018

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A wave of major cyberattacks swept across Russia in 2017. First in May, the WannaCry virus wreaked havoc on Russian mobile operator Megafon’s retail network and call center. Later in June, Petya (or NotPetya) attacked Russia’s oil major Rosneft at the height of a court battle against investment giant Sistema….


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Threat #posed by #evil #nations and #criminals in #cyber-land is #rising

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We know very little about Kim Jong-un’s North Korea but we do know the hermit kingdom pro­duces skilled hackers. Over the past few years, North Korea’s military has hacked Sony, launched the WannaCry malware and more ­recently pulled off a coup by penetrating an apparently “secure” South Korean military network,…


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Sophisticated #Cyber Threats, #Biggest Fear For #FinTech in #2018

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Digital workplaces and intranet solutions provider Invotra said that sophisticated cyber threats are biggest technology fear for financial and public sector in 2018. Invotra’s Digital Transformation research, conducted among 504 senior IT managers working across public sector and financial organizations, found the financial services industry and public sector both agree…


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Fighting #Internet #Crime: Protecting Your Small #Business From #Cyberattacks

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Data breaches at major corporations like Yahoo, Equifax, Target and Sony Pictures may capture the big headlines, but small businesses also face significant financial, operational and reputational risks from cyberattacks. Malicious computer viruses and hacks of sensitive information can hobble any business, potentially exposing even a mom-and-pop shop to customer…


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Hackers inflate #foreign #students’ scores at #Brisbane’s International Education Services (IES) #College

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HACKERS have infiltrated a University of Queensland feeder college’s computer system to inflate the test scores of underperforming foreign students. Cyber crime detectives are investigating a security breach at Brisbane’s International Education Services (IES) College earlier this month. IES said one of its computer systems was targeted but would not…


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Cyber #Criminals Are #Becoming Increasingly #Sophisticated, Says #Symantec CTO

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Cybercriminals caused significant service disruptions around the world over this past year, using increasingly sophisticated methods to break through cyber defences. In 2018, Nick Savvides, chief technology officer at Symantec expects the trend to become more pronounced as cyber attackers adopt machine learning and artificial intelligence to launch more potent…


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US says did everything #possible to help #Italy #cyber #investigation

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The United States has denied suggestions it undermined an investigation into a massive data breach at the Italian cybersecurity firm Hacking Team, saying it did everything it could to help in the case. A Milan magistrate last week recommended shelving an investigation into six people who were suspected of orchestrating…


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Russian #cyber criminal given #additional #jail time for #role in $50M #fraud ring

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A Russian cyber criminal already serving a 27-year sentence in federal prison has been given an additional 14 years for his role in a $50 million scheme that involved trafficking stolen credit card numbers. The Justice Department on Thursday sentenced Roman Seleznev, the son of a member of Russian parliament, to additional…


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IoT #devices to be #targeted by #cybercrims in 2018

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LogRhythm, The Security Intelligence Company, today announced its key IT security predictions for 2018. Simon Howe, Director of Sales Australia and New Zealand, LogRhythm, said, “For enterprises, the main concern for security is securing and protecting the organisation’s valuable assets. This has mostly been achieved this year through visibility of…


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Meet the #man who used to #steal your #identity

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Brett Johnson was still in bed on September 16, 2006, when he heard a knock on the door. He got up, looked through the peephole, but didn’t see anyone. He opened the door and walked into the hallway, where federal agents were waiting for him. “Hey guys, y’all want to…


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Corporate #Finance Wakes up to the #Threat of #Cyber Attack

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In February 2016 the Central Bank of Bangladesh was severely hit by a major cyber-attack. The hack cost the bank $80m. The cyber-criminals managed to hijack the SWIFT framework to pursue their wrongdoing. The corporate finance world is more and more concerned by cybersecurity and what occurred in Bangladesh was…


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Cyber #criminals working for #enemy states could ‘kill millions’ by remotely #hacking cars, warns #expert

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Terrorist hackers working for enemy states could turn cars into killing machines, a security expert has warned. Any car built after 2005 is an ‘open door’ to hackers and could be remotely controlled to obliterate ‘millions of civilians’, a researcher has found. Even some vehicles up to 17 years old…


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Fake #Amazon gift cards, phony #Walmart sites and other #cyber #scams tempt #holiday #shoppers

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Cyber Monday is officially the Monday after Thanksgiving. But many holiday shoppers hunt for deals via their smartphones and laptops long before the family cook preps the turkey for the oven or deep fryer. Why wait for Black Friday — or Cyber Monday — to shop? After all, holiday shopping deals are…


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Cash #Converters is #HACKED: Cyber #criminals hold UK #customer #credit card numbers, addresses and #passwords to #ransom after major #security breach

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Hackers who attacked the now defunct website of second hand goods store Cash Converters may have access to the account details of thousands of customers. Usernames, passwords, delivery addresses and potentially partial credit card numbers are among the data believed to have been stolen. The culprits are said to be…


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Cybercrimes #present unique #challenges for #investigators

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The federal investigators looking into the breach that exposed personal information maintained by the Equifax credit report company are used to dealing with high-profile hacks and the challenges they present. The U.S. attorney’s office and FBI in Atlanta have prosecuted developers and promoters of the SpyEye and Citadel malware toolkits,…


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Cyber #thieves used ‘pretty #clever’ #tactic to #steal IPERS’ #pension #benefits

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Investigators are still trying to determine how cyber-thieves stole hundreds of thousands of dollars in pension benefits from retired Iowa public employees, but it’s likely they first obtained Social Security numbers and birth dates from other sources, says a computer security expert. “What happened was pretty clever on the attackers’…


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Cybersecurity Experts Discuss Information Protection at UVA

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The University of Virginia Lifetime Learning organization hosted three cybersecurity experts on Saturday, November 4, for an informational session on what people need to do to keep their personal information safe. “It’s really important to bring cybersecurity awareness to the general public,” says Angela Orebaugh, assistant professor at the School…


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