Cisco Talos recently highlighted the existence of 74 Facebook cybercrime groups with over 385,000 members. A growing concern that Facebook has become a platform to conduct cybercrime activities in plain sight.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
A massive supply chain attack had distributed malware to tens of thousands of ASUS computers worldwide through legitimate ASUS software updates. It appears as if the attackers had inside information about ASUS servers and systems.
Huawei has made “no material progress” on addressing Huawei cybersecurity flaws discovered a year ago. Recent HCSEC study shows Huawei cybersecurity practices are untrustworthy and present high risk to the UK for large 5G network build-outs.
Insurance giant Marsh & McLennan is leading a “Cyber Catalyst” program involving top cyber insurance companies to provide seal of approval for top-rated cybersecurity products. How will this impact consumers and the cyber insurance industry?
With mobile comes great opportunities both for consumers and businesses, but also for criminals. Over half of businesses surveyed in the Sixth Annual Fraud Report from IDology experienced an increase in mobile fraud. What is the cause?
Posing as Quanta Computer, Lithuanian took $100 million from Google and Facebook through a phishing scam involving email spoofing and forged paperwork. How can companies protect themselves against business email compromise?
Toyota Motor Corporation has been the victim of a series of data breaches in Australia, Thailand, Vietnam and Japan over the past six months. Latest data breach in Japan has impacted 3.1 million customers’ information.
Thanks to some unsecured public-facing databases, Verifications.io email data breach has set a new record for leaking 2 billion personal records which can be useful for identity theft and scams.
European Court of Auditors recently released a comprehensive report detailing the cybersecurity challenges facing the European Union in 2019 and beyond, and how best to respond to the growing number of cyber threats.
In just a few years, cyber extortion has gone from a fringe hacking activity to something that is now very much mainstream. In fact, it’s now possible for hackers to make upwards of $360,000 per year by joining a cyber extortion team.










