SMBs continue to be a target of cybercriminals

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Because they don’t see themselves as targets, small-to-midsize businesses (SMB) have for a long time believed that their security programs are good enough. They have a firewall, antivirus, maybe they even use two-factor authentication. The mistake is believing that this is enough because they have nothing of value to an…


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Who’s hacking your network?

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The cybercrime rate’s going up, up, up, up, up. Cybercrime damages were predicted to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, according to a recent CSO story. So, who’s committing the the hacks? Hackers have morphed from the lone wolf wearing a hoodie…


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Ultimate Team scheme: EA hackers charged for stealing in-game coins

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A US man is facing felony wire fraud charges for allegedly stealing and reselling in-game currency for EA Sports’ FIFA console games. Anthony Clark has been charged by the Northern Texas District Court with a count of Conspiracy to Commit Wire Fraud for his role in a scheme to automatically…


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Eugene Kaspersky Says the Worst Case Hacking Scenarios Probably Won’t Happen

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It’s often difficult for security companies to tell who launched a cyberattack, as they have to rely on imperfect clues such as the languages cybercriminals use, Kaspersky Lab’s CEO Eugene Kaspersky said while visiting Romania for a conference. “Attribution is very tricky in cyberspace,” he said, adding that the techniques…


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Old technology creates an open door for cyber attackers

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Security focus is shifting to make it harder for intruders to leave with anything of value Outdated technology often acts as a company’s soft underbelly, leaving them open to cyber breaches. But the cost and inconvenience of moving from so-called legacy systems means such vulnerabilities are hard to address. Companies…


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40 percent of Polish companies lack any cyber-attack plan

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Up to 40 percent of enterprises in Poland do not have an emergency plan for cyber attacks, according to research by Intel in the Central and East-European countries Poland, the Czech Republic, Romania and Hungary, carried out among 250 IT decision-makers from companies employing 150 or more people. The best…


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Here’s Who Hacked Yahoo, According to One Cybersecurity Firm

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It was an Eastern European gang, not a state-sponsored group, report says. A cybersecurity company on Wednesday asserted that the hack of 500 million account credentials from Yahoo was the work of an Eastern European criminal gang, adding another layer of intrigue to a murky investigation into the unprecedented data…


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Fending off cyber evil in the mobile wallet space

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Traditional payment systems are witnessing heightened competition from digital and mobile payments because they present a convenient proposition to pay for goods and services. While these mobile payment systems appear promising, unsecure wallets are bridled with potential risks that can threaten the future of the industry. Smartphones facilitating the growth…


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Cyber threat requires industry-wide cooperation

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Alain Desausoi underlines the importance of constant vigilance, physical and logical security, and information sharing at Financial Times conference. Alain Desausoi, SWIFT’s Chief Information Security Officer (CISO), spoke today at the third annual Financial Times Cyber Security Summit Europe about a number of important initiatives that comprise SWIFT’s Customer Security…


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Change your ATM PIN – Standard Chartered urges users after rise in hacking reports

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Standard Chartered, the UK-based bank, has urged its banking customers in India to change their ATM PIN numbers in light of increasing cases of ATM fraud. “For the security of your account, we would recommend that you visit our ATMs or call our helpline number and change your Debit Card…


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UK jails flashy cyber criminal who duped banks of £113m, led expensive lifestyle

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The Pakistani-origin mastermind of a £113 million high street bank cyber-fraud, who made so much money that he flew team of valets from Scotland to Lahore to polish his fleet of luxury cars, has been jailed for 11 years by a UK court. The 25-year-old mastermind of the biggest cyber-fraud…


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Nigerian man, 6 others sentenced to prison for online fraud schemes

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Six U.S. citizens and a Nigerian national were sentenced Tuesday to federal prison for their roles in online fraud schemes that distributed more than $40 million in counterfeit checks using “mystery shopper” websites and work-from-home scams. The criminal enterprise was investigated by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security…


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Turkish hacker group says it was behind airport cyber attack

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Austrian police are investigating whether a Turkish nationalist group was behind a failed cyber attack on Vienna airport last week. Survey: ‘Almost 40 percent of Turks would leave Austria for money’ (08 Sep 16) Was Vienna airport hack attempt politically motivated? (05 Sep 16) Austrian archaeologists told to down tools…


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Police warning over ‘sextortion’ crimes in Newcastle

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Police are warning internet users to be on their guard against ‘sextortion’. The practice sees a victim being lured by another person online into undressing and sometimes performing intimate acts in front of a webcam. But the footage is recorded and the victims are blackmailed into paying what can be…


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Online Activity Can Lead To Identity Theft – Be Careful

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In the modern, digital, internet age most of us live our lives online. Undoubtedly, the internet has made it possible for most people to: Converse with each other easily – regardless of geographical boundaries. Enjoy updates on their favorite brands. Do all their banking operations from the comfort of their…


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Public yawns at threat of cyber crime

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The seemingly inpenetrable National Security Agency was hacked recently. So was the Democratial National Committee, and voter registration offices in Illinois and Arizona. Hackers also stole customer data from some of the nation’s top hoteliers, including Hyatt and Marriott. It’s been a summer of escalating cyberattacks — a trend that…


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China ramps up cybersecurity measures to tackle online frauds

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China has chttp://timesofindia.indiatimes.com/tech/tech-news/China-ramps-up-cybersecurity-measures-to-tackle-online-frauds/articleshow/53856435.cmslamped new regulations to beef up cybersecurity to address the growing complaints of online frauds and leakage of private information on the internet costing billions of dollars. Cyberspace Administration of China (CAC), the General Administration of Quality Supervision, Inspection and Quarantine of China; and the Standardisation Administration of…


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How Safe Are We From Hacking And Cyber Attacks?

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If you think hacking works like an episode of Mr. Robot you’ve been fooled. That’s not to say that you shouldn’t take your own cyber security seriously — you should. Hackers have been mythologized into these figures who tap into your cyber security and compromise your life at the flick…


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Rep. David McKinley to host cyber security forum in Fairmont

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PARKERSBURG – A forum on cyber security with experts from industry and government will be held 1-4 p.m. Thursday in the exhibition hall of the Robert H. Mollohan Research Center at the I-79 Technology Park, 1000 Galliher Drive, Fairmont. Topics will include how to thwart cyber threats, how to protect…


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Cerber ransomware rakes in cash by recruiting unskilled hackers

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Cerber’s creators take 35 percent of the profit, and the rest goes to partners A ransomware strain has been making a pretty penny by opening its doors to unskilled hackers. Security firm Check Point gained a rare look at the inner workings of the Cerber ransomware and found that its…


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