This week, Cabarrus County, North Carolina, announced that it lost US$1.7 million to a BEC scam after a series of email exchanges that began in November 2018.
Sophisticated software has helped industries grow and thrive in unmatched ways, but there are also risks and consequences that come with new technology.
Social media is a content-rich platform many enterprises use, but how can InfoSec professionals and security teams use it to gather threat intelligence that they can use to protect their organizations?
Organizations face a problem of dealing with threats that are not only becoming more complex but also becoming more abundant — thus taking a toll on security staff and their effectiveness.
Three ransomware attacks from last week caused notable disruptions on institutions from different public sectors, namely on an energy company, a law enforcement agency, and several public schools.
Threat actors are targeting Linux servers with vulnerable software, namely the project management tool Jira and the message transfer agent Exim, using a variant of the Watchbog trojan, which drops a Monero miner to expand their botnet.
Cybercriminal group FIN8 reappeared with new PoS malware Badhatch, capable of scraping credit card data, installing a backdoor, and allowing remote access, among other routines.
The US Department of Education released a security advisory on ERP vulnerabilities after 62 institutions were infiltrated, stealing students' IDs to create fake accounts.
The total amount cybercriminals attempted to steal via business email compromise (BEC) scams rose to an alarming average of US$301 million per month — a substantial increase from the US$110 million monthly average that was tracked in 2016.
