The FBI says reported losses due to internet crime last year totaled $1.3 billion, based on nearly 300,000 complaints logged with its Internet Complaint Center. It warns that CEO fraud, ransomware, tech-support fraud and extortion are becoming increasingly prevalent.
Good news: Exploits kits are in decline, thanks to concerted efforts to disrupt their efficacy. Unfortunately, criminals are diversifying their attacks, focusing more on social engineering - including tech-support scams - and malicious spam campaigns.
Microsoft has sought to get in front of a brewing controversy over whether it unfairly disables third-party anti-virus products in Windows 10. The company is seeking to dampen charges that are reminiscent of its years-long legal tangles with global antitrust regulators.
The European Parliament and European Commission are pushing for mandatory end-to-end encrypted communications, and banning backdoors, as part of the EU's rebooted e-privacy regulation. But the move runs counter to anti-crypto rhetoric being spouted by government ministers in Britain and France.
One month after the SMB-targeting WannaCry worm outbreak began spreading globally, Honda discovered fresh infections at multiple facilities, and was forced to temporarily idle one plant as a result of the ransomware.
A just-released study from IBM Security and the Ponemon Institute documents the rising costs of data breaches, but IBM's security lead Kartik Shahani in an interview discusses ways organizations can mitigate those costs, including investing in sound governance practices.
South Korean web hosting firm Nayana has agreed to pay attackers a record-shattering $1 million to unlock 153 Linux servers crypto-locked by ransomware. Security researchers say the infection was likely exacerbated by the company running ancient versions of the Linux kernel, as well as Apache and PHP.
Organizations can take steps in advance to help ensure that forensic investigations into data breaches and cyberattacks are successful, says security expert John "Drew" Hamilton, a professor at Mississippi State University.
Writing the obituary for the lifeless Neutrino exploit kit leads the latest edition of the ISMG Security Report. Also, judging the value of the Department of Health and Human Services' wall-of-shame website of healthcare sector breaches.
A new dump from WikiLeaks has revealed an apparent CIA project - code named "CherryBlossom" - that since 2007 has used customized, Linux-based firmware covertly installed on business and home routers to monitor internet traffic and exploit targets' devices.
Britain's security services have reportedly concluded that the WannaCry ransomware outbreak was launched by Lazarus group, a hacking team tied to North Korea. Attribution aside, security experts question how many organizations can defend themselves against Lazarus attacks.
The CEO of the company that crippled WannaCry's ransomware component explains to Congress how the worm continues to attack unpatched systems at increasing rates. Also, creating a healthcare cybersecurity framework.