There’s a new phishing campaign using an odd lure to infect machines
Cybersecurity experts have identified a new phishing campaign that lures victims into downloading malware which grants the attackers full control over the targeted Microsoft Windows machines. The QRat trojan first appeared in 2015 and has wreaked havoc because it is not easily detectable.
The wh...
EU wants to increase fines on violation of cybersecurity laws
The European Union has increased the number of companies subject to strict cybersecurity rules and increased fines for companies that do not comply with them. When companies ignore the rules, they can expect fines of up to 2 percent of global revenue.
Now that a large proportion of Europe's popu...
Goontact spyware is capable of stealing data on iOS and Android
A new form of spyware has been discovered, with the capabilities to steal data from both iOS and Android users. Researchers at the cybersecurity firm, Lookout have named it 'Goontact.’ The spyware is used on adult websites that offer other things like escort services.
Those who visit the sites...
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 ...
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...
Ransomware gangs are cold-calling victims to stop them from using backups
Ransomware gangs have been cold-calling victims if they suspect their targets are attempting to restore their systems from backups without paying the ransom. The cold-calling tactics are meant to put pressure on the victims to pay instead of seeking other alternatives.
Evgueni Erchov, the direct...
McAfee says more than 400 new cyber threats were detected every minute in Q2
In 2020’s second quarter, there were more than 400 new cybersecurity threats recorded every minute, according to a report from McAfee. The new malware samples grew by 11.5% in the same period. Covid-19 themed attacks and PowerShell malware has dominated the entire landscape.
Donoff Office docu...
McAfee introduces new protection platform for cloud native apps
McAfee released new products and features during its MPOWER Digital virtual conference. The products and features are designed to enhance security services. Of the two announcements made, MVISION seems to be the biggest one.
It is a Cloud-Native Application Protection Platform designed to delive...
IT leaders do not think that GDPR goes far enough
Even though GDPR has caused many problems for companies that aren't doing data handling and protection properly, IT leaders worldwide do not think it is doing a good enough job. Snow Software released a new report where almost all IT employees and leaders say that GDPR is insufficient.
They all ...
Growing trust in the security of cloud solutions
A growing number of companies have decided to store sensitive data in the cloud. However, hybrid cloud solutions are still widely used.
This is evidenced by a report from security company Trustwave, based on a poll among 966 IT professionals. Of those respondents, 95 percent said they plan to mo...
Barely 1 in 3 cybersecurity experts get accurate and relevant threat data
The pandemic is in full swing, and cybercriminals are attacking everyone. They are taking every opportunity to challenge IT security pros, and it is working out for the hackers. IT pros need fresh, relevant, and precise data to analyze the threats presented to them.
In an environment that moves ...
The pandemic led to a surge in DDoS and Password Login attacks
In May and June, businesses may have caught a break, but cyberattacks are still becoming increasingly common. It is a well-documented fact that cyber-attacks against businesses and consumers have dramatically increased due to the pandemic.
F5 labs recently revealed more about the methods and t...