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Cybercrime Blog

We report on the latest trends in cybercrime to help you stay informed and aware of what the current threat landscape looks like.

Cyberattacks in 2019 Cost over $3.5 Billion in Victim Losses with Business Email Compromise Taking in Half

The FBI’s annual year-in-review breaks down how 467,000 cyber attacks succeeded in taking consumers and businesses alike for billions of dollars.
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Organizations Beware! Cyberattacks are Becoming More Prevalent, Hitting More Device OSes, and are Shifting Focus to You

The latest data from Malwarebyte’s annual State of Malware Report shows increases almost across the board, showing that the bad guys are stepping on the gas into 2020.
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FBI Internet Crime Report Released: The Evolving Threat and Importance of Reporting

The FBI's Internet Crime Complaint Center released its 2019 Internet Crime Report, and by no surprise the bad guys and new scams show no signs of stopping anytime soon. Last year the ...
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Bahrain’s National Oil Company Hit by Iranian "DustMan" Data Wiper

The Bahrain National Oil Company was attacked by Iranian state-sponsored hackers implanting a destructive data wiper nicknamed "DustMan."
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Money Mules and Evil Corp.

Last week we reported that the U.S. Justice and Treasury Departments filed charges against and placed sanctions on the members of “Evil Corp.,” the criminal group behind the Dridex ...
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Microsoft Sees Phishing on the Rise

According to Microsoft security research, the percentage of inbound emails associated with phishing on average increased in the past year. For some, this may feel like obvious news, but ...
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You Can’t Always Trust a Dot-Gov Domain

It may be easier than one thinks to register a dot-gov domain, according to KrebsOnSecurity. People have tended to regard urls with the top-level domain dot gov as generally reliable, but ...
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SIM Card Attack May Affect Over 1 Billion Mobile Phones Worldwide

Using SMS messaging, attackers can use phishing tactics to hijack mobile devices using a legacy piece of SIM code, called the S@T Browser, to execute commands as part of a more ...
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A Lawyer's Look at "Big Game Phishing"

Ransomware attacks have increasingly been going after high-value data in order to extract larger ransoms from victims, according to the well-known law firm Cooley. This trend was ...
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Organizations Experiencing Attacks Rises by 35% as Most Consider Themselves Cyber-Novices

An increase in attacks should equate to a rise in organizational cyber-preparedness. But according to new research from U.K. cyber insurer Hiscox, organizations simply aren’t ready.
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Crime Sometimes Pays: $1.1M Recovered from U.K. Phishing Scammer 2 Years After Being Caught

We don’t often hear enough stories of cybercriminals being caught and paying back what they’ve stolen, but in the case of scammer Grant West, that’s exactly what has happened.
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[Heads Up] Five New Ways How Cyber Criminals Commit Insurance Fraud

TransUnion and Iovation predict that the increased use of online platforms to interact with insurance providers will result in new fraud challenges for insurance companies and their ...
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Russian Secret Weapon Against U.S. 2020 Election Revealed In New Cyberwarfare Report

You may have sensed this, but you need to confront the fact the Planet Earth is an anarchy of nations. The UN is ineffective and thoroughly corrupt. A few good things have come out of it, ...
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Financial Phishing Campaigns on the Rise

More than 1900 new potential bank phishing sites were registered in the first half of 2019, according to researchers at NormShield. Based on the increase in new suspicious domains ...
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New Cyber Attack Trends Report Reveals That Digital Criminals Made Off With $45 Billion in 2018

Scott Ikeda at CPO Magazine posted insights about a new report on cyber attack trends which combines information from a number of high-level sources. It reveals a startling amount of ...
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UK Mid-Sized Firms Lost £30bn to CyberAttacks in 2018

Phil Muncaster at InfoSec Mag reported that "Cybersecurity incidents have cost UK mid-market firms a combined £30bn over the past year as automated attacks become the norm, according to ...
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“Lack of Security Awareness” a Major Reason Why Financial Firms Are 300 Time More Likely to Fall Prey to Cyberattacks

The bad guys always go where the money is. And financial firms are grossly ill-prepared for cyberattacks and suffer higher costs in addressing successful attacks. Boston Consulting Group ...
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One more reason to keep your money stuffed under your mattress?

By Eric Howes, KnowBe4 Principal Lab Researcher. Every so often someone flags an email with our Phish Alert Button that isn't a phishing email but is still very interesting. In this case, ...
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ATM Card Number Scammer Sentenced to 32 Months in Prison

The story of one text-based scam shows how easy it is for literally anyone to become a cybercriminal. It also shows how the amateurs should leave it to the professionals.
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[Heads-up] The U.S. Launched A Cyber Attack On Iran, And We're Expecting Spear Phishing Strike Backs

The tension in the Middle-East apparently prompted a game-changing move by the U.S. President. Washington Post sources say exactly 10 years after Stuxnet, the President approved a ...
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