SecurityBrief UK - Technology news for CISOs & cybersecurity decision-makers

Cybercrime stories - Page 38

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Cryptocurrency exchange says it lost $195m to hackers – but is it a scam?

Tue, 13th Feb 2018
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BitGrail wasn't known to many until last week when it announced it had been hacked, but many experts believe all is not as it seems.
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Apple says DON'T fear about leaked source code – experts say DO

Sat, 10th Feb 2018
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After a critical source code for the iPhone was leaked online recently, Apple reassured there was nothing to fear but experts think otherwise.
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Survey finds businesses stung with $16m hidden cybersecurity costs every year

Fri, 9th Feb 2018
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New research from Bromium has found the hidden costs of 'detect-to-protect' security are immense with businesses being blindsided every year.
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Expert opinion: Three simple ways to prevent data loss

Fri, 9th Feb 2018
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breach prevention
IBM estimates the cost of a data breach is $3.62m, highlighting the importance of encryption - COMPAREX UK's expert on the matter provides his advice.
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Mega breach: 800,000 Swisscom customers' data stolen via hacked partner

Fri, 9th Feb 2018
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breach prevention
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Experts say while Swisscom may be playing the huge breach down, the implications of the breach will be far and wide.
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Personal details of 12,000 social media 'stars' leaked in avoidable breach

Tue, 6th Feb 2018
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breach prevention
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cybersecurity
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data breach
Octoly was informed of the exposed cloud repository on January 4th, yet the personally identifiable information was not secured until February 1st.
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Munich Airport launches dedicated IT security hub to fight cybercrime

Tue, 6th Feb 2018
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After being the victim of cyberattacks every single day, Munich Airport has opened its exclusive Information Security Hub to fight back.
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80% increase in cyberattacks: “Ultimately it is a race against time”

Fri, 2nd Feb 2018
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UK faces more than 10 significant cyber-attacks per week, according to Robin Jones, head of technology resilience at the FCA.
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Cyber warfare set to surge in 2018 but expert says Britain is not prepared

Wed, 31st Jan 2018
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Cyber war has exploded and is now quite literally on our doorstep - despite this an expert claims Britain's defences are severely underfunded.
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Coincheck promises £380m refund after massive cryptocurrency breach

Tue, 30th Jan 2018
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crypto
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This has been deemed the largest cyptocurrency breach of all time but Coincheck has been praised for promising to refund its 260,000 customers.
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£400k fine: Is it big enough for Carphone Warehouse's huge data breach?

Thu, 11th Jan 2018
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hackers
The retailer has received a £400k fine after 'striking' security issues & systemic failures led to its 2015 breach - but experts say it's not enough.
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CASE STUDY: How cybercriminals targeted QLD law firm with social engineering

Tue, 9th Jan 2018
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Cybercriminals stole millions from Queensland law firms using a simple email scam, tricking lawyers into revealing their login passwords.
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Highly-targeted cyberattacks surround upcoming Winter Olympics

Tue, 9th Jan 2018
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McAfee released a report that revealed cybercriminals have targeted organisations involved in fast approaching Winter Olympics held in South Korea.
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ESET: A breakdown of 2017's ransomware epidemic - and what to expect next

Thu, 14th Dec 2017
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​Given the digital plague around the world in 2017, it would be unseemly not to give ransomware its own dedicated piece.
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Ludicrous cybercrime profit means Mafia no longer constrained to the streets

Tue, 12th Dec 2017
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​Back in the day it was not uncommon for people to ransack stagecoaches and rob armoured trucks, but now they're robbing servers.
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Businesses MUST prepare: World's cybersecurity big guns forecast 2018

Mon, 11th Dec 2017
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What will 2018 bring? We've brought together a line-up of cybersecurity heavyweights to provide their opinions on various topics for the year ahead.
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Malicious attacks to drive surge in cybersecurity spending for 2018

Mon, 11th Dec 2017
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Gartner has predicted security spending to total US$96.3b in 2018, an increase of 8% from 2017 with some segments performing better than others.
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Attacks on UK's critical infrastructure to skyrocket 100% over next 2 years

Fri, 8th Dec 2017
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​Thought 2017 was bad? Well according to cybersecurity expert Huntsman Security, it's going to get a whole worse.
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How you can bolster cybersecurity in the IoT era

Fri, 1st Dec 2017
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IoT will be present in 95% of electronic products for new product designs by 2020 - this means we need to make some drastic cybersecurity changes.
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2017's threat landscape report shows ransomware epidemic

Thu, 30th Nov 2017
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ransomware
Cyberthreats have changed significantly in 2017 - Bitdefender's annual report shows one in six spam emails now contain some form of ransomware.