Trends 2018: Critical infrastructure attacks on the rise

Healthcare sectors, critical manufacturing, food production and transportation also said to be targets for cybercriminals. Cyberthreats to critical infrastructure jumped into the headlines in 2017, starting with a Reuters report in January that a recent power outage in Ukraine “was a cyber-attack”. In last year’s Trends report we said that we expected infrastructure attacks to “continue to … More Trends 2018: Critical infrastructure attacks on the rise

World’s biggest DDoS marketplace taken down, six suspected admins nabbed

For as little as $15 per month, anyone with a criminal bent could rent the services of webstresser.org to take down a targeted site. An international law enforcement operation has shut down a website widely thought to be the world’s biggest marketplace for hiring distributed denial-of-service (DDoS) attacks, according to an announcement by the United Kingdom’s National … More World’s biggest DDoS marketplace taken down, six suspected admins nabbed

Ransomware runs rampant in 2017, Verizon report finds

Social engineering attacks that involve pretexting nearly tripled on an annual basis while phishing simulations show that curiosity gets the better of 4% of people. Ransomware takes the cake as the most prevalent type of malicious software in Verizon’s latest Data Breach Investigations Report (DBIR). The US-based telecommunications company analyzed input from 67 organizations and examined more … More Ransomware runs rampant in 2017, Verizon report finds

The rise of AI needs to be controlled, report warns

Much ink, digital and otherwise, has been spilled on the vast range of extraordinary opportunities enabled by artificial intelligence (AI) and machine learning (ML). Now, a team of 26 AI experts, including from Oxford, Cambridge and Yale universities, OpenAI, and the Electronic Frontier Foundation, has zeroed in on how AI could be misused for nefarious ends – … More The rise of AI needs to be controlled, report warns

Cryptocurrency exchange Bitfinex plagued by DDoS attacks

Digital currency exchange Bitfinex has been going through a sticky patch of late, having been knocked temporarily offline on Monday due to a distributed denial-of-service (DDoS) attack that was reminiscent of a similar incident from a few days prior. After first tweeting that “Platform is currently under heavy load and we are working to bring it back … More Cryptocurrency exchange Bitfinex plagued by DDoS attacks