IT Brief UK - Technology news for CIOs & IT decision-makers

Cybercrime stories - Page 16

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Cyberattacks imminent for Western businesses due to Trump’s actions
Thu, 10th May 2018
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Trump's decision not to renew Iran sanction waivers puts Western businesses at risk of imminent, aggressive cyberattacks, warns Recorded Future.
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Germany infiltrated by Russian group that crippled Ukraine’s power
Wed, 9th May 2018
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The power grid in modern countries may not be as secure as you think, as reports have emerged revealing hackers have breached Germany's supply.
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Why cybercriminals are corrupting popular social media platforms
Sun, 6th May 2018
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Fraudsters are targeting legitimate social media platforms to create a new type of fraud market – one that has a global reach.
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Cybercriminals taking over email accounts and scamming contacts
Fri, 4th May 2018
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phishing
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email security
A new study from Barracuda has revealed an increasingly popular method of cybercrime - steal email credentials then steal money from colleagues.
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Victorian Govt devotes $17.6 m to Cyber Security Strategy
Wed, 2nd May 2018
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australian government
The strategy will protect government agencies and networks from cyber hacking threats, and will also help to protect the privacy of Victorians.
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World’s first advanced blockchain identity lab to be built in Edinburgh
Wed, 2nd May 2018
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The £600,000 lab will explore ways in which blockchain technology can protect personal data from online scammers and cybercriminals.
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‘World’s biggest’ DDoS market BUSTED, but experts remain cynical
Thu, 26th Apr 2018
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europol
Europol has announced another major takedown that is a triumph for the ‘good guys’, but experts say it only shows how easy it is for cybercriminals.
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Bring on the fines: Survey finds most companies won’t be ready for GDPR
Thu, 26th Apr 2018
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data privacy
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cybersecurity
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winmagic
One month until GDPR comes into force and many companies are still not ready for the sanctions that come with up to €20m in fines or 4% of turnover.
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Britain maintains it has the most cybersecure railway in Europe
Wed, 25th Apr 2018
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Network Rail prioritizes cybersecurity to maintain safe and reliable railway systems, protecting against cyberthreats.
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Report finds UK manufacturers’ cybersecurity severely wanting
Mon, 23rd Apr 2018
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Nearly half of UK manufacturers have experienced a cybersecurity incident, with many lacking protection measures, says a new report.
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Cybercrime industry raking in $1.5 trillion profit - most from online markets
Mon, 23rd Apr 2018
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cloud marketplace
How much are cybercriminals earning for their efforts? A new study by Bromium suggests that figure could be as much as US$2 million per job.
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Australia the best in the world... at being breached
Fri, 20th Apr 2018
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cybercrime
Australia may have just cleaned up at the Commonwealth Games, but it appears the nation still has a lot to learn when it comes to cybersecurity.
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'Honeypot' experiment exposes how hackers are doing their work
Thu, 19th Apr 2018
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Cybereason created a fake financial services company with weak cybersecurity to reveal how cybercriminals are using bots to do all the grunt work.
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Expert insights: Should we be preparing for cyberwar with Russia?
Wed, 18th Apr 2018
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breach prevention
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ai security
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Days after the missile strike on Syria by Western powers, fears are growing over a potential retaliation by Russia - here's what the experts think.
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IBM Security unveils new AI platform to defend against cyberattacks
Tue, 17th Apr 2018
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The company has invested more than 200,000 hours of R&D into this platform, which includes technologies from Cisco, McAfee, Symantec and others.
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What do cybercriminals spend their money on? Sex, drugs & toilet roll
Sat, 14th Apr 2018
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cryptocurrency
Cybercriminals in Bromium's report were earning up to £1.4m a year and had a number of fascinating spending habits.
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PHOTO GALLERY: Thales holds media event calling attention to cybersecurity
Thu, 12th Apr 2018
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​Today in Paris Thales opened its doors to international media to demonstrate with concrete examples how cybersecurity impacts businesses & citizens.
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Ransomware on the rise, creeping into business critical systems
Tue, 10th Apr 2018
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malware
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ddos
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ransomware
Verizon's comprehensive annual DBIR report has just been released with a number of shocking findings like ransomware incidents doubling in number.
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'Utterly frightening': UK's critical infrastructure is under attack
Tue, 10th Apr 2018
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​The NCSC recently issued a warning that the UK's critical infrastructure has been under cyberattack for at least a year.
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175 days to detect a network intruder in EMEA - just 77 in US
Sat, 7th Apr 2018
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advanced persistent threat protection
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breach prevention
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data privacy
A study has revealed the median time for an EMEA business to detect an intruder is more than double that in the US - and it's much worse in APAC.