BlackBerry Threat Report details rise of COVID-19 exploitation
Blackberry says cyber criminals are becoming better at finding and targeting vulnerable organizations.
This week, Blackberry released their 2021 BlackBerry Threat Report. The report details a sharp increase in cyberthreats facing organizations since the onset of COVID-19.
The research shows ... Read more
Crowdstrike shell out $400 million for Dell-backed startup Humio
Crowdstrike announced on Thursday that it is paying about $400 million to buy the Dell-backed log analytics company. Humio’s product is software that processes security data in real-time to catch cybercriminal acts as they happen.
Crowdstrike will use Humio’s product to upgrade its security ... Read more
$1 trillion spent globally in 2020 to deal with cybercrime
Last year, more than $1 trillion was spent on cybersecurity or to pay for damages caused by cyberattacks. This amount represents about 1% of the world’s GDP. The report comes from Atlas VPN, which says that a majority of the money ($945 billion) was spent on Cybersecurity incidents. The remaining... Read more
Worldwide ransom DDoS extortionists return in a new wave of attacks
Security researchers have revealed that a ransom DDoS campaign is underway, targeting organizations all over the world. A cybersecurity alert by Radware indicates that the first wave of these attacks started in August. However, the DDoS campaigns were aimed at companies again, in the last week of D... Read more
US warns for cyber attacks on Covid-19 vaccines
The US Financial Crimes Enforcement Network (FinCEN) has published a warning that financial institutes must be alert to criminal activities targeting Covid-19 vaccines and their distribution.
Examples of criminal activities are the sale of illegal vaccines. These include vaccines that have not y... Read more
Trend Micro issues Cybersecurity threat predictions for 2021
Forecast indicates that remote and cloud-based systems will be aggressively targeted in the coming year
Trend Micro this week issued its predictions for cybersecurity trends in 2021. In its forecast, the company predicts that cybercriminals will target home networks, remote working software and ... Read more
Cybercrime now costs the global economy a trillion dollars
Cybercrime now costs the global economy about a trillion dollars, according to a new McAfee report. The report is titled "The Hidden Cost of Cybercrime," and in 2018, it said that the cost was an estimated $600 billion. Since then, the new figures show that the costs have risen by 50%.
In additi... Read more
Manchester United is the victim of cyber attack
The British football club Manchester United has been hit by a cyber attack. It appears to be a ransomware attack, but it is not clear whether the attackers managed to steal anything.
The football club posted a message on its website, simply saying that a cyber attack has taken place and it has t... Read more
DDoS attacks are increasingly becoming cheaper and easier to execute
Distributed Denial of Service (DDoS) is getting more sophisticated and intricate while becoming cheaper and easier to carry out. This trend is fuelled by the sheer amount of insecure internet-connected devices (specifically IoT products) that cybercriminals take advantage of.
DDoS attacks aren't... Read more
Collection of thousands of hacked databases leaks
A collection of more than 23,000 hacked databases has temporarily appeared on a forum. The collection came from the hacker website Cit0day, which recently went offline.
Cit0day was a website where cybercriminals could buy access to the hacked databases and then abuse the stolen personal data. Th... Read more