Global Hackers Are Thwarted by FBI, Europe in $100 Million Heist

Global Hackers Are Thwarted by FBI, Europe in $100 Million Heist

U.S. and European law enforcement officials on Thursday said they had dismantled a global organized cybercrime network, which used malware to steal banking login details…

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Top Russian Hacking Group Breaches Three AV Companies

Top Russian Hacking Group Breaches Three AV Companies

A report published today by Advanced Intelligence revealed that three US-based antivirus software vendors have been breached, and a high-profile collective of Russian hackers is claiming…

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FBI: Cybercrime Losses Doubled in 2018

FBI: Cybercrime Losses Doubled in 2018

Last year, according to the FBI’s “2018 Internet Crime Report,” reported damages from cybercrime nearly doubled to $2.7 billion, and roughly half of that amount…

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Air India Fails To Get Back $300,000 Which It Mistakenly Sent To Nigeria After Falling For Cyber Fraud

Air India Fails To Get Back $300,000 Which It Mistakenly Sent To Nigeria

In an embarrassment to India’s National Airliner Air India, the company lost $300,000 after mistakenly sending US-bound money to Nigeria. The incident took place in…

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Small businesses spent £13.6 billion recovering from cyber crime in 2018

Small businesses spent £13.6 billion recovering from cyber crime in 2018

One in three UK companies fell victim to cyber attacks in 2018, with the majority of the damage occurring in small businesses, according to a…

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Mysterious hacker has been selling Windows 0-days to APT groups for three years

Mysterious hacker has been selling Windows 0-days to APT groups for three years

For the past three years, a mysterious hacker has been selling Windows zero-days to at least three cyber-espionage groups, as well as cyber-crime gangs, researchers…

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Researchers Claim Billion-Dollar Hacking Group FIN7 Is Still on the Loose

Researchers Claim Billion-Dollar Hacking Group FIN7 Is Still on the Loose

FIN7 continues to develop new and unique hacking techniques despite the arrest of three of its members in 2018. A notorious hacking group known as…

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Facebook Home to 74 Black Market Groups

Facebook Home to 74 Black Market Groups

Researchers at Cisco Talos detected an excess of 70 Facebook groups that have been selling black-market cyber-fraud services, some of which have managed to remain…

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What Are Advanced Persistent Threats (APTs)?

What Are Advanced Persistent Threats (APTs)?

Advanced Persistent Threats (APTs) are a cybercrime category directed at business and political targets. APTs require a high degree of stealth over a prolonged duration…

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What can banks do to address mounting cyber security challenges?

What can banks do to address mounting cyber security challenges?

Cybercrime is spiraling out of control in the financial industry. The FCA (Financial Conduct Authority) received 145 breach notifications in 2018, up from 25 the…

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