Cyber Security

The ransomware threat landscape continues to evolve and the spreading mechanism has changed, shifting from simple phishing attacks, spam and drive-by-downloads to more sophisticated techniques. These advanced techniques in ransomware has proven successful in massive global attacks for 2017. What's coming in 2018?

As prices of cryptocurrencies continue to skyrocket, fraudulent cryptocurrency scams are on the rise. Twitter cryptocurrency scams impersonating celebrities or influencers are so popular with cryptocurrency thieves and hackers simply because they are so easy to pull off on a daily basis.

The only guarantee today is that nefarious parties will continue to find new ways to infiltrate networks at financial institutions. Therefore, we must implement best practices to protect against cybersecurity incidents, as well as to resolve all possible issues that can arise should a cyberattack occur.

Latest variant of Fakebank Android malware adds even more functional threats to banking clients – in the form of ‘vishing’ (voice phishing). It can now intercept outgoing and incoming calls which is then redirected to scammers which allows them to pose as legitimate employees of the bank.

The bubble in cyber security jobs is encouraging people to look for better opportunities at exactly the wrong time, and that may lead to the detriment of the fight against cyber crime. A new report by (ISC)2 found that a staggering 84% of cyber workers are open to new opportunities or plan to change employers in 2018.

Because of the significant damage a DDoS attack can cause, many IT teams will put protecting against the threat high on their agenda. However, what many IT teams may be completely unaware of is that there are a wide variety of different types of DDoS attack vectors in a cybercriminals’ arsenal.

Don’t wait for cybercrime to find you - remember that the best defense is always a good offense. Be a cybersecurity rock star. Just like any musician, you’ll have your big hits and your flops. But when you can see where you're going, with the right visibility into your systems, you will be TCB, takin’ care of business.

Crypto mining malware is now the weapon of choice for hackers worldwide. The skyrocketing prices of cryptocurrencies is driving the scale of cryptojacking attacks, and can mean very lucrative profits ranging from hundreds of dollars to twenty thousand dollars per month. Victims now include Tesla and the UK government.

While we often think about malicious users when we speak of insider threats, the "real" problem lies with users that may unintentionally be putting their organizations at risk. This includes users that get phished, bypass controls for convenience or efficiency, and connect their own devices to the corporate networks.

For years, IoT developers have focused too much on availability, and not enough on privacy and confidentiality. This mindset appears to be shifting and the NIST report is proof of a growing recognition that there needs to be universal standards in place to improve the privacy and security of any IoT system.