While still in development, cloud solutions are beginning to address their customers' needs for improving online security, complying with regulations, scaling up operations, and exploring new business opportunities.
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.
New mobile malware Agent Smith targets Android devices to install malicious versions of popular apps. The malware displays fraudulent ads for the attackers' financial gain but can be further used for bigger attacks. Google has removed the malicious apps.