This Valentine's Day, authorities are once again warning individuals to watch out for anyone perpetrating romance scams. The FTC says Americans lost $143 million to romance scams in 2017, while in the U.K., Action Fraud says reported romance scam losses in 2018 topped $64 million.
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.
Ransomware victims who opted to pay for the promise of a decryption key forked over an average of $6,733 in the fourth quarter of 2018, according to ransomware incident response firm Coveware. It says strains such as SamSam and Ryuk, which demand higher-than-average ransoms, are increasingly common.
The notorious xDedic Marketplace Russian-language cybercrime forum and shop remains offline following an international police takedown. Security experts expect xDedic customers to shift to UAS, a rival darknet market that also specializes in stolen and hacked remote desktop protocol credentials.
Sophos is out with new reports on Matrix and Emotet, two different types of cyberattacks that are hitting enterprise defenses. Matrix is a targeted ransomware, an emerging type of attack Sophos expects to gain prominence, and Emotet is malware that has evolved over the years into an opportunistic, polymorphic threat...
Fresh strains of ransomware are being distributed by attackers who gain remote access to organizations' networks to infect them with Phobos, as well as via cracked-software sites that share adware installers inside which STOP ransomware has been hidden.
Cybercrime outfits appeared to take a vacation around the December holidays. But attacks involving Emotet, Hancitor and Trickbot have resurged following their December slowdown, as has the Fallout exploit kit, lately serving GandCrab ransomware.
Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.
Production of newspapers owned by Chicago-based Tribune Publishing was disrupted after malware began infecting the company's publishing and printing systems. Tribune newspapers report that they appear to have been hit by crypto-locking Ryuk ransomware.
Don't rush to blame the printing outage at newspapers owned by Tribune Publishing on anything more than an organization failing to block a malware outbreak. And even if it does prove to be a Ryuk ransomware attack, there's no proof yet that any particular nation-state is behind the campaign, experts warn.
Twitter says that an unspecified number of its users may have been targeted by state-sponsored hackers seeking to unmask their identity. Separately, Trend Micro says Twitter has blocked an account that was posting image memes designed to remotely control malware-infected PCs.
In the latest edition of the ISMG Security Report, hear prosecutors discuss the indictments of two Iranians in connection with SamSam ransomware attacks. Also: Updates on allegations that Google is violating GDPR and cryptocurrency's impact on crime trends.
A federal grand jury has indicted two Iranians for allegedly waging SamSam ransomware attacks on more than 200 entities, including Atlanta and other municipalities and six healthcare organizations. They collected $6 million in ransoms and caused more than $30 million in losses to victims, U.S. prosecutors allege.
Cybercrime gangs continue to update or issue fresh versions of malware to mine for cryptocurrency, deliver crypto-locking ransomware, steal passwords and facilitate online bank account heists, according to new research reports.