‘Ruthless’ cybercriminals pose a major threat to organisations

Organisations need to better understand how “ruthless and efficient” cybercriminals are, according to a new report from BT and KPMG. The paper, titled Taking the Offensive – Working together to disrupt digital crime, states that enterprises have to appreciate that the threat landscape has changed. One of the key developments has been the shift towards … More ‘Ruthless’ cybercriminals pose a major threat to organisations

Cybercriminals ‘increasingly relying upon ransomware’

Ransomware is being increasingly relied upon in cyberattacks, according to Verizon’s latest Data Breach Investigations Report. Over the last 12 months, there has been a 16% increase in ransomware attacks, the authors of paper stated. This was touched upon recently by ESET’s Ondrej Kubovič in a previous article. He said how this type of attack … More Cybercriminals ‘increasingly relying upon ransomware’

Average cost of cybercrime rises by 200% in just five years

Cybercrime is costing the global economy up to $450 billion annually, a new report by Hamilton Place Strategies reveals. The paper, entitled Cybercrime Costs More Than You Think, opens by stating that: “In an increasingly interconnected world fueled by the expansion of digital technology, cybercrime has become a big business.” The document finds that the … More Average cost of cybercrime rises by 200% in just five years

CyberThreats Daily: Who are the cybercriminals?

The stereotypical cybercriminal is running botnets, stealing bank accounts, hacking into major companies to steal trade secrets, etc, but the problem is really far more insidious than most people realize. Let us take a look at a few cybercriminals whose types of crime may affect you or people you care about. ESET’s director of technical … More CyberThreats Daily: Who are the cybercriminals?

CyberThreats Daily: Email malware – blast from the past

Although we’re recently seeing cybercriminals focusing more on currently popular communication platforms, such as social media, mobile devices, etc, they do still attempt some more old fashioned approaches too. And why wouldn’t they, if time and time again, computer users keep clicking and infecting themselves with malware. ESET researcher David Harley blogged more on the … More CyberThreats Daily: Email malware – blast from the past