Cyber Tsunami Set to Overwhelm Paris Olympics
The Olympic games, which kick off in Paris towards the end of next month, are expected to attract over 15
Game over for European criminal botnet networks
An international operation coordinated by Europol has resulted in several arrests and the takedown of numerous cybercriminal networks. The operation
TeaBot banking malware infects 70k smartphones
TeaBot, a highly sophisticated type of malware, is increasingly infecting Android smartphones. Cybersecurity firm Zscaler’s ThreatLabz reported a sharp rise
Organizations’ staff are their biggest security risk
Careless employees are the main root cause of data loss in organizations. According to the cybersecurity and compliance company Proofpoint,
UK engineering giant hit by $25m deepfake scam
The firm that lost $25 million to deepfake video scammers in Hong Kong earlier this year has been revealed to
Millions of emails distributing LockBit ransomware
Affiliates of the infamous ransomware group LockBit have launched a potentially devastating new weaponized email tactic designed to cause maximum
Critical infrastructure at risk from modem flaws
“Critical flaws” have been identified in modems deployed in millions of devices worldwide. Cybersecurity firm Kaspersky has issued a report
BogusBazarr signals red light for brands
By operating a “fraud-as-a-service’ (FaaS) website, BogusBazarr, operating out of China, runs 200 fraudulent webshops and has so far claimed
Cybercrime continues to cold-shoulder AI
Organized cybercriminals continue to give artificial intelligence (AI) the cold shoulder. New research from US telecoms conglomerate Verizon confirms a
‘Brute force’ cyber-attacks continue to escalate
Cybersecurity firm Okta reports a spike in ‘brute-force’ credential-stuffing attacks over the last month. This follows earlier reports of a
Ransomware drives corporate cyber-crime
Cybercriminals are getting greedier. According to Google subsidiary Mandiant’s M-Trends 2024 Special Report, the proportion of financially motivated intrusions grew
Police rounding up LabHost users
International law enforcement is hailing last week’s bust of LabHost, the world’s largest phishing-as-a-service platform, as a major victory in
Beware weaponized Google Ads
Cybercriminals are exploiting a previously unseen backdoor to substitute ‘malvertizing’, weaponized bogus ads to push them to the top of
Rise in ‘brute force’ attacks on VPNs
The past four weeks have seen a sharp global increase in ‘brute force’ attacks on virtual private network (VPN) services,
Cyber-attackers try to divert a commercial flight
Airline security has just entered a new era with the news that on Saturday, cybercriminals hacked the communications network on
OpenAI’s voice cloning raises security concerns
OpenAI, the maker of Microsoft-backed consumer-facing artificial intelligence (AI) service ChatGPT, may have scored something of an own-goal with the
Beware of fake Google docs
An under-the-radar attack that creates fake Google docs is now playing havoc across multiple sectors in the US and UK,
SE Asian cybercriminals adopt drug-cartel tactics
A police raid on a Philippines online organization highlights not only the ongoing digital crime boom in Southeast Asia but
FBI reports record cybercrime losses in 2023
The US Federal Bureau of Investigation reports that last year the Internet Crime Complaint Center (IC3) received a record number
Public AI opens doors to cybercrime
Companies using public artificial intelligence (AI) services such as Microsoft-backed ChatGPT are at increasing risk of allowing cybercriminals to access
BlackCat gives go-ahead for healthcare attacks
Following actions taken against the infamous BlackCat ransomware group in December by the US Federal Bureau of Investigation (FBI), the
Ransomware is evolving into protection rackets
There is growing evidence that ransomware gangs are rapidly evolving into full-scale protection rackets. Ransomware gangs are increasingly returning to
Ransomware payments top US$1 billion in 2023
Last year, ransomware payments topped US$1 billion for the first time. According to a report from blockchain analyst firm Chainalysis,
Deepfake face swaps hijack video meetings
Artificial Intelligence (AI) tools such as face swaps are now being used in Mission Impossible-style cyber-enabled financial crimes. The South China
‘Pig Butchering’ crypto-fraudsters net billions
‘Pig Butchering’, a new and particularly mean and ruthless form of cryptocurrency fraud that originated in China, has evolved into
Sextortion racket triggers US youth suicides
Financial sextortion is now the most rapidly growing crime targeting American, Canadian, and Australian youth. The US Federal Bureau of
Budget shortfalls power cybercrime surge
Over half of all companies worldwide quote inadequate cybersecurity budgets as a key factor underpinning a dramatic rise in global
British Library breach highlights new threat
The British Library, which houses about 14 million books plus manuscripts and items dating back to 2000 BC, was forced- 1
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