How cybercrime has adapted to the pandemic


A new report from BlackBerry shows that as our digital habits have changed over the past year cybercriminals have become increasingly successful at finding and targeting vulnerable organizations.
The greater adoption of digital offerings has exposed companies to inadequate protections for employees and customers amongst an ever-growing and under-secured attack surface.
New breed of cybercriminal breaches organizations then sells access


Entrepreneurial cybercriminals are operating as middlemen by breaching as many companies as possible and then selling on access to the highest bidder rather than infiltrating systems themselves.
New research from Digital Shadows reveals that these 'Initial Access Brokers' are flourishing during the pandemic as employees increasingly log in to systems remotely.
Cybercriminals exploit remote working to launch targeted attacks


The pandemic-driven shift to remote working has led cybercriminals to ditch many of their old tactics, and put a new emphasis on gathering intelligence and exploiting and preying on fears with targeted and sophisticated attacks.
The latest State of Malware report from Malwarebytes has found a major shift in the devices targeted and strategies deployed by cybercriminals.
7 essential cyber security tips for small businesses


Every year, cybersecurity becomes a bigger issue for businesses large and small. While computer experts and regular people are getting better at protecting their data, hackers and digital criminals are keeping up every step of the way.
A well-informed and bad-intentioned hacker could cause your business serious harm, engaging in such nefarious behavior as freezing your accounts, demanding a ransom, and stealing your customers’ sensitive personal data. In order to avoid these catastrophes, you need to do everything you can to beef up your cybersecurity operations. These days, failing to take these threats seriously is simply asking for trouble. Here are seven essential cybersecurity tips that can benefit any small business owner.
Cybercrime peaked astronomically in 2020: Learnings and predictions for 2021


Nothing could have prepared us for 2020 -- a year that demanded a swift and dramatic restructure of corporate operations in response to the Covid-19 pandemic.
Remote workforces were created overnight, even within industries who never had the experience of managing effective, remote working teams. With limited time and resources to prepare and support home working employees, a makeshift remote setup was thrust upon us. This, consequently, created an opportunity for massive cyber security breaches and a stream of cyber attacks, which can have a devastating impact on businesses when the cost of a data breach averaged between $184k and $715k for a medium-sized business in 2019. 2020 was an opportunistic year for cyber criminals, who took advantage of a time of uncertainty. In the UK, businesses experienced a 31 percent increase in cyber crime during the height of the pandemic, with phishing emails up by nearly 700 percent, preying on what should be a company’s greatest cyber defense asset; their employees.
Get 'Cybersecurity: The Beginner's Guide' ($23.99 value) FREE for a limited time


It's no secret that there is a huge talent gap in the cybersecurity industry. Everyone is talking about it including the prestigious Forbes Magazine, Tech Republic, CSO Online, DarkReading, and SC Magazine, among many others. Additionally, Fortune CEO's like Satya Nadella, McAfee's CEO Chris Young, Cisco's CIO Colin Seward along with organizations like ISSA, research firms like Gartner too shine light on it from time to time.
Cybersecurity: The Beginner's Guide puts together all the possible information with regards to cybersecurity; such as why you should choose it, the need for it, and how can you be part of it and fill the cybersecurity talent gap bit by bit.
Firmware attacks, sophisticated ransomware and ID fraud -- cybercrime predictions for 2021

New spyware seeks to blackmail Android and iOS users


Researchers at mobile device security company Lookout have uncovered a new strain of spyware targeting iOS and Android users in multiple Asian countries.
Called Goontact, it targets users lured to illicit sites and steals personal information stored on their mobile devices in order to carry out sextortion scams.
The top eCommerce shipping frauds and how to prevent them


The holiday period is a peak time for eCommerce fraud. And according to research from fraud prevention specialist Datavisor it's on the rise.
Shipping fraud (in which fraudsters divert stolen goods to their own address) in the US increased by 37 percent and billing fraud (in which fraudsters use a victim’s stolen address to purchase goods) increased by 34 percent.
Parcel delivery phishing scams up 400 percent in November


Researchers at Check Point have seen a 400 percent increase in phishing scams using DHL, Amazon and FedEx branding to try to get people to part with information during the peak online shopping period.
Two weeks ago, Check Point researchers documented an 80 percent increase in malicious phishing campaigns targeting online shoppers with 'special offers.' The latest spike uses subject lines like 'track your shipment' and 'delivery problem.'
Cybercriminals target loyalty programs in search of easily traded data


Consumer loyalty programs in the retail, hospitality and travel industries rely on gathering information about their users. For criminals this can offer everything they need to get started in a number of crime-related ventures, from account takeovers, to straight-up identity theft.
A new report from Akamai reveals more than 63 billion credential stuffing attacks on the commerce category -- comprising the retail, travel, and hospitality industries -- over the last two years, 90 percent of them against retailers.
Hackers turn to new tactics to make attacks more effective


Some nation-state cyber adversaries and notorious ransomware gangs are deploying an arsenal of new open-sourced tools, actively exploiting corporate email systems and using online extortion to scare victims into paying ransoms.
This is one of the findings of Accenture's latest Cyber Threatscape Report. Analysts have seen attackers using a combination of off-the-shelf tooling -- including 'living off the land' tools, shared hosting infrastructure and publicly developed exploit code -- and open source penetration testing tools to carry out cyberattacks and hide their tracks.
Attackers use Office 365 tools to steal data


Targeting of SaaS user accounts was one of the fastest-growing problems for organizations, even before COVID-19 forced a rapid shift to remote work, but a new report shows cybercriminals are using built-in Office 365 services in their attacks.
The study from network detection and response company Vectra, based on four million monitored Office 365 accounts, shows that 71 percent of of those surveyed had seen suspicious Office 365 Power Automate behaviors.
New offering aims to simplify cyber insurance for small and medium businesses


With cyberattacks increasing in volume and new types of incidents occurring, businesses need protection for everything from network intrusion to ransomware and all the things in between.
Many organizations are turning to cyber insurance to provide cover for dealing with incidents and their aftermath, but a recent report shows that many are put off by not understanding levels of exposure, amount of cover, and by cost.
Indian cybersecurity market set to hit $3 billion by 2022 but tech-savvy youngsters turn to crime


A new report shows that India is increasing its cyber capabilities and becoming a growing cyber powerhouse with its cybersecurity market expected to rise from $1.97 billion in 2019 to over $3 billion by 2022.
But the study from threat intelligence platform IntSights also shows that the country has a growing cybercriminal underground. A young, tech-savvy population with limited access to careers in the domestic tech sector is at risk of being lured into cybercriminal activities to provide for their families.
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