The Total Risk Value of Cybercrime Has Risen to $5.2 Trillion Over the Next Five Years

Apr 8, 2019 6:55:31 AM By Stu Sjouwerman

According to new data from Accenture, the average company sees 145 security breaches annually, with the cost of experiencing any kind of cyberattack rising.

Researchers Unearth 74 Facebook Cybercrime Groups With 385,000 Members

Apr 5, 2019 10:37:03 AM By Stu Sjouwerman

A monthslong study by Cisco Talos has identified 74 Facebook cybercrime groups with a total of 385,000 members. While some groups resembled market places for illicit goods such as ...

New York Launches a Cybercrime Brigade

Apr 2, 2019 11:15:13 AM By Stu Sjouwerman

The WSJ in their Opinion section reported about a NY citywide initiative that aims to coordinate all digital law-enforcement efforts. The op ed was written by Cy Vance, Manhattan district ...

Which Employees are the Cyber Criminals After?

Mar 28, 2019 10:30:33 AM By Stu Sjouwerman

Lower-level employees are the workers most likely to face highly-targeted attacks, according to the online marketing firm Reboot. Citing information from Proofpoint’s most recent ...

Cyber Attacks on Financial Institutions are the Modern-Day Bank Robbery

Mar 22, 2019 11:19:00 AM By Stu Sjouwerman

The financial sector has long been a target of cyber thieves. But despite their robust security postures, they continue to be the focus of some of the most innovative attack campaigns.

CISOs: Users and Collaborative Security Efforts are the Key to Protecting the Organization from Attack

Mar 20, 2019 2:17:37 PM By Stu Sjouwerman

Cisco’s CISO Benchmark Report 2019 focuses on the need for security collaboration between internal teams and the inclusion of users as part of an effective cybersecurity program.

Triton is the world’s most murderous malware, and it’s spreading

Mar 11, 2019 10:26:32 AM By Stu Sjouwerman

In the summer of 2017, a petrochemical plant in Saudi Arabia experienced a worrisome security incident that cybersecurity experts consider to be the first-ever cyber attack carried out ...

Negative Reviews as Strong-Arm Collection for Bogus Bills

Mar 11, 2019 9:38:27 AM By Stu Sjouwerman

Anyone who depends upon good public opinion can be vulnerable to orchestrated bad word-of-mouth, especially in the form of online reviews.

Healthcare Continues to Prepare in the Face of Growing Cyber Attacks

Feb 28, 2019 1:07:39 PM By Stu Sjouwerman

According to the latest data in the 2019 HIMSS Cybersecurity Survey, the healthcare industry is keenly aware they are a target, and are taking steps to reduce the risk of successful ...

It’s Cheaper Than You Think to Launch a Cyber Attack

Feb 28, 2019 5:51:43 AM By Stu Sjouwerman

According to the latest data from Deloitte, the cost of committing a cybercrime is so surprisingly low that anyone and everyone can afford to be a bad guy.

U.S. Cities Remain at Risk of Cyber Attacks

Feb 14, 2019 7:39:59 PM By Stu Sjouwerman

Recent attacks on city governments have not only provided their attackers with revenue from scams, data breaches, and data held ransom, but have also drawn the attention of other ...

Cyberheist On Bank Causes Shutdown Of All Operations

Feb 14, 2019 8:51:11 AM By Stu Sjouwerman

Reuters reported that the Bank of Valetta, which accounts for almost half of Malta’s banking transactions, had to shut down all of its operations on Wednesday after hackers broke into its ...

Massive Increases in Trojans and Backdoor Attacks More Than Double, Spelling Trouble for Organizations

Feb 11, 2019 2:24:32 PM By Stu Sjouwerman

Growth in attacks designed to obfuscate access and purpose should put organizations on alert as cybercriminals gain control over endpoints to do just about anything they want.

A Majority of Cyberattacks Use Lateral Movement and “Living Off the Land”

Feb 7, 2019 7:08:34 AM By Stu Sjouwerman

The latest from Carbon Black’s 2019 Global Threat Report shows cybercriminals are intent to move from endpoint to endpoint and avoid detection using built-in tools.

Cybercrime could cost companies trillions over the next five years

Jan 21, 2019 10:26:59 AM By Stu Sjouwerman

A new report (PDF) by Accenture indicates that over the next 5 years, cyberattacks could result in global costs totaling $5.2 trillion.

The U.S. Government Blaming Cyber Attacks on Russia May Cost One Business $100 Million

Jan 17, 2019 2:02:47 PM By Stu Sjouwerman

Governments attributing cyberattacks to specific countries usually ends in nothing more than a line in a news story. But sometimes these kinds of claims can have unforeseen consequences.

Banking Cyber Heists Celebrate Their 25th Birthday!

Jan 10, 2019 4:10:30 PM By Stu Sjouwerman

2019 marks the 25th anniversary of the very first cyber-heist, netting one of the first cybercriminals $10 million from Citibank. The tactics have changed, but the target hasn’t.

Children’s Full Personal Data and SSNs Are Being Sold on the Dark Web

Dec 21, 2018 11:46:13 AM By Stu Sjouwerman

New Deloitte Threat Study Shows The Fantastic ROI of Cyber Crime Operations

Dec 19, 2018 9:49:19 AM By Stu Sjouwerman

Deloitte estimates that some common criminal businesses can be operated for as little as $34 month and could return $25,000, while others may routinely require nearly $3,800 a month and ...

Scumbag hackers lift $1m from children's charity

Dec 17, 2018 3:39:06 PM By Stu Sjouwerman

The Register reported on some scumbag criminals that stole a million bucks from a charity. The editors got very upset with these criminals and freely spoke their mind. The resulting copy ...

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