The problem of social media cyber crime is growing at an astonishing rate and is now a $3 billion business. According to a recent report, nearly 1 in 5 organizations worldwide are now infected by malware distributed by social media.
Hacker "fxmsp" has been selling backdoor access to hundreds of corporate networks in 44 countries for two years, pulling in well over a million dollars from clients.
Investment scams that involve grooming a target to invest in fraudulent endeavors took off like a rocket in 2022 and led all cyber crime, racking up $3.3 billion in losses on the year.
Dark web marketplaces have a constant tension between maintaining customer service while simultaneously trying to get away with manipulative or even outright customer-hostile measures.
Recent Cyber Incident & Breach Trends report not only reveals a $45 billion cyber crime industry in 2018, it also suggests a shift in cyber attack trends towards focused attacks on businesses.
Ransomware attack was part of an ongoing campaign against targets in the France's medical sector and France indicated that an active response is something under consideration.
FBI's annual internet crime report says cyber crime losses increased by almost two-thirds while ransomware attacks remain the greatest risk to critical infrastructure organizations.
DHS and FBI published the top 10 most exploited vulnerabilities over the last four years. providing insight into how cybercriminals are taking advantage of well-known software vulnerabilities.