Subterms
[embedded content] A Chinese bank has forced at least two western companies to install malware-laced tax software on their systems, cyber-security firm Trustwave said in a report published today. The two companies are a UK-based technology/software vendor and a major financial institution, both of which had recently opened offices in China. “Discussions with our client […] More
Microsoft is warning organizations that use Exchange email servers to shore up their systems now after observing a massive spike in highly skillful attacks this April. The company’s alert details how advanced cyber attackers are using freely available open-source software and a known, critical vulnerability to attack Exchange email servers – one of the most […] More
Wirecard has filed for insolvency in the aftermath of a $2.1 billion accounting scandal that led to the arrest of the firm’s former chief executive. On Thursday, the German payments provider, which once offered payment services across online and mobile platforms, revealed that Wirecard’s board has decided to file an application for insolvency in the […] More
A service that allows people to flag phishing and other suspicious emails has been sent over a million reports of scam messages so far. In two months since the service was launched by the UK’s National Cyber Security Centre (NCSC) it has been receiving 16,500 emails on average every day, which has resulted in 10,000 […] More
Much of the analysis of cybercrime tends to focus on the financial costs or the technical aspects involved. That means the psychological impact of falling victim to hacking, ransomware or other cyberattacks tends to be ignored. There’s a widespread perception that cybercrimes don’t have as bad an impact as some physical crimes, said Professor Mark […] More
In June, Babylon Health, a UK telehealth startup valued in excess of $2BN, suffered a data breach involving confidential patient information. The breach was exposed via Twitter, when a user of Babylon’s video consultation app brought to light the fact that he could see other patients’ appointments. At a time when adoption of telehealth services is […] More
A new variant of powerful cryptojacking and DDoS-based malware is exploiting severe vulnerabilities in order to infect Windows machines. Dubbed Lucifer, the malware is part of an active campaign against Windows hosts and uses a variety of weaponized exploits in the latest wave of attacks, Palo Alto Networks’ Unit 42 said on Wednesday. The malware […] More
The US Federal Bureau of Investigation sent out on Tuesday a security alert to K12 schools about the increase in ransomware attacks during the coronavirus (COVID-19) pandemic, and especially about ransomware gangs that abuse RDP connections to break into school systems. The alert, called a Private Industry Notification, or PIN, tells schools that “cyber actors […] More
