Only 5% of Business Leaders Rethought Security After Equifax

One-third of business leaders have heard about the WannaCry ransomware attack. Less than 5% say the Equifax breach prompted them to rethink their business’ approach to cybersecurity. Both findings, released by Veracode today, indicate a troubling lack of awareness and understanding around major breaches and common security problems. Read more about the Veracode research on DarkReading.

Ransomware Detection 101: Six Best Practices To Prevent Propagation And Minimize Damage

Research shows that, on average, more than 4,000 ransomware attacks have occurred daily since January 1, 2016. Ransomware is a type of malware designed to either block access to a victim’s data, or threaten victims with publishing or deleting data, unless a ransom is paid. While the threat vector has been around for years, it’s now becoming […]

New Spider ransomware threatens to delete your files if you don’t pay within 96 hours

A new form of ransomware has emerged and is being distributed through malicious Office documents, infecting victims with file-encrypting malware. Uncovered by researchers at Netskope, the ‘Spider Virus’ ransomware campaign was first detected on December 10 and is ongoing. Like many ransomware schemes, the attack begins with malicious emails to potential victims. The email subjects and […]

How Not To Uber Your Data Breach: A Guide For Handling A Cyber-Attack

You know something’s gone wrong when you make Equifax’s handling of their data breach look good. In what has arguably topped the list of the worst cyber-attacks of 2017, Uber is now facing global scrutiny for a data-breach it’s concealed for the past year. The attack saw hackers steal the personal information of 57 million drivers and […]

8 cybersecurity trends to watch for 2018

As we stand on the threshold of another year, the war for our cybersecurity rages on. There have been many data breaches in 2017, most notably for Equifax, Verizon, and Kmart. But if you seek a silver lining in the cloud, perhaps you’ll be glad of the news that the global average cost of a […]

Return of Necurs botnet brings new ransomware threat

The Necurs botnet has returned to the top ten most prevalent malware during November 2017, as cybercriminals used it to distribute a new form of ransomware, according to Check Point. “The re-emergence of the Necurs botnet highlights how malware that may seem to be fading away doesn’t always disappear or become any less of a threat. Despite […]

More Than One Quarter of Ransomware Attacks Target Businesses

In 2017, 26.2 percent of ransomware targets were business users, compared to 22.6 percent in 2016. This is due in part to three unprecedented ransomware attacks targeting corporate networks that forever changed the landscape of this increasingly virulent threat, which Kaspersky Lab has named its key topic for 2017. The year 2017 will be remembered as a time […]

Ransomware’s lucrative next stop? The Point of Sale

With the influx of credit card breaches over the past few years at major brands, hackers may have reached a point of supply exceeding demand, as awareness of breaches, security on credit cards, and excess supply have all led to a reported drop in prices on the dark web for stolen data. Researchers have seen prices for […]

Five key trends to watch in 2018 as cybercriminals continue to innovate

The McAfee Labs 2018 Threats Predictions Report identifies five key trends to watch in 2018. This year’s report focuses on the evolution of ransomware from traditional to new applications, the cybersecurity implications of serverless apps, the consumer privacy implications of corporations monitoring consumers in their own homes, long-term implications of corporations gathering children’s user-generated content, and the […]

The Ransomware Threat: Three Steps to Stay Safe

Read Michael Fimin explain how companies can avoid ransomware threats on Information Security Buzz : According to the Verizon 2017 Data Breach Investigations Report (DBIR), ransomware was the top malware variant in Crimeware category in 2016. That trend is likely to hold this year. Read his full article here.