Cyber-extortionists take aim at lucrative targets

A new report shines some light on multiple aspects of the growing threat of cyber-extortion. Criminals are trying to tempt people with promises of six-figure annual rewards in return for help with cyber-extortion campaigns that target high-net-worth individuals, research by the threat intelligence firm Digital Shadows shows. The prospective victims, such as corporate executives, lawyers and doctors, … More Cyber-extortionists take aim at lucrative targets

Siegeware: When criminals take over your smart building

Siegeware is what you get when cybercriminals mix the concept of ransomware with building automation systems: abuse of equipment control software to threaten access to physical facilities. Imagine you are the person in charge of operations for a property company that manages a dozen buildings in a number of cities. What would you do if … More Siegeware: When criminals take over your smart building

Criminal hacking hits Managed Service Providers: Reasons and responses

Recent news articles show that MSPs are now being targeted by criminals, and for a variety of nefarious reasons. Why is this happening, and what should MSPs do about it? If you are an MSP, as in managed service provider, or your organization uses the services of an MSP, then you need to be aware … More Criminal hacking hits Managed Service Providers: Reasons and responses

Malta’s leading bank resumes operations after cyberheist-induced shutdown

Bank of Valetta, which went dark for a day after the fraudulent transfers of €13 million, is now looking to get the money back. Things are getting back to normal for Bank of Valetta (BOV) and its customers following a cyberattack that caused Malta’s largest bank to take the unprecedented step of temporarily shutting down … More Malta’s leading bank resumes operations after cyberheist-induced shutdown

Japan to probe citizens’ IoT devices in the name of security

Smart devices were targeted by more than one-half of cyberattacks detected in the country in 2017. Japan has approved a plan to test the security of around 200 million Internet-of-Things (IoT) devices in the country in a bid to beef up their cyber-resilience, according to a report by Japan’s public broadcaster NHK World. Armed with lists … More Japan to probe citizens’ IoT devices in the name of security

Another Netflix-themed scam takes aim at Irish viewers

ESET Ireland warns Irish viewers to avoid the latest version of an old phishing scam, pretending to come from Netflix and claiming their account has been suspended. Previously spotted and warned about in the US, the official-looking email, pretending to come from Netflix is now also targeting Irish users, claiming their account has been suspended … More Another Netflix-themed scam takes aim at Irish viewers

Suspected GDPR violations prompt over 95,000 complaints

Eight months after the landmark rules came into effect, data released by the European Commission provides a glimpse into the law’s application. National data protection watchdogs in the European Union (EU) have received 95,180 complaints from citizens alleging the mishandling of personal data since the General Data Protection Regulation (GDPR) came into effect in May … More Suspected GDPR violations prompt over 95,000 complaints