Tomas Gardon, a malware analyst at ESET, explains why a trojan, detected by ESET as Win32/PSW.Stealer.NAI – and dubbed USB Thief – is worth knowing about. “The USB Thief is, in many aspects different from the more common malware types that we’re used to seeing flooding the internet,” Mr. Gardon notes. “This one uses only … More ESET discovers new USB-based data stealing malware
Some of the most prominent names in tech are pursuing the development of much tougher encryption technologies, it has been revealed. According to the Guardian, Google, Facebook and Snapchat are reportedly bolstering their respective encryption services, which they have been doing for some time now. The newspaper said that these security initiatives preempt the latest … More Tech giants ‘to boost encryption services’
Cybercrime is now the second most reported economic crime and has affected at least a third of organizations in the past 24 months, yet many businesses are still underprepared, a PWC report has found. According to the Global Economic Crime Survey, cybercrime has jumped from being the 4th to 2nd most reported kind of economic crime, behind … More Businesses fail to prepare as cybercrime surges globally
Snapchat has said that it is “impossibly sorry” after a data leak exposed payroll information for some of its current and former employees, reports the Guardian. The company was the victim of a common phishing scam, centered around an email that purported to have been sent by Snapchat’s chief executive Evan Spiegel. The email asked staff to share … More Snapchat staff payroll data leaked in phishing scam
Data breaches are coming thick and fast. Gemalto estimated there were 888 data breaches in the first half of 2015 alone, resulting in 246 million compromised records, while IBM research indicated that the average, consolidated total cost of a data breach last year hit $3.8 million, marking a 23% increase over 2013. 2015 has been … More 5 of the most devastating data breaches of 2015
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