2016 was the year of ransomware, with hackers focusing their attention on exploiting Internet users and businesses around the world for profit. According to the FBI, cyber-extortion losses have skyrocketed and ransomware was on track to become a $1 billion a year crime in 2016, writes Marcin Kleczynski, CEO, Malwarebytes. Our research shows no sign of […]

Symantec has revealed the findings of a decade-long research campaign that helped unearth an international cyber criminal gang dubbed “Bayrob.” Symantec’s wealth of intelligence led to a successful FBI sting operation and the capture of three criminals in Romania. The group is responsible for stealing up to $35 million from victims through auto auction scams, […]

In July 2014, Palo Alto Networks Unit 42 released its first threat intelligence report on Nigerian cyber actors. This report documented the observed evolution from traditional 419-style email scams to the use of commodity malware for financial gain. Applying advanced analytics across more than 8,400 samples resulted in the identification of over 500 domains supporting […]

In 2016, the world’s biggest cyberthreats were related to money, information and a desire to disrupt. They included the underground trade of tens of thousands of compromised server credentials, hijacked ATM systems, ransomware and mobile banking malware – as well as targeted cyber espionage attacks and the hacking and dumping of sensitive data. These trends, […]

Intel Security has released its McAfee Labs Threats Report: December 2016, which provides insights into how enterprises are using security operations centres (SOCs), details key 2016 developments in ransomware, and illustrates how attackers are creating difficult-to-detect malware by infecting legitimate code with Trojans and leveraging that legitimacy to remain hidden as long as possible. The December […]

The financial services industry is under a barrage of ransomware and spearphishing attacks, according to a new survey conducted by the SANS Institute, gauging the state of risk and security in the financial sector. For the first time, ransomware, identified by 55% of respondents, has eclipsed spearphishing (50%) as the top attack vector. Such attacks […]

Intel Security has released its McAfee Labs 2017 Threats Predictions Report, which identifies 14 threat trends to watch in 2017, the most critical developments to watch for in cloud security and the Internet of Things (IoT) security, and the six most difficult-to-solve challenges facing the cyber security industry. The report reflects the informed opinions of 31 […]

Fortinet has unveiled six predictions from the FortiGuard Labs threat research team about the threat landscape for 2017. These predictions reveal the methods and strategies that Fortinet researchers anticipate cyber criminals will employ in the near future and demonstrate the potential impact of cyber attacks to the global digital economy. Derek Manky, global security strategist at […]

Nexthink, a provider of end-user IT analytics, took part in the seventh edition of the Cairo Security Camp, Egypt. A Gold partner for the event, Nexthink executives took this opportunity to address major IT challenges and solutions facing organisations in Egypt. In addition, Mohamed Enab, Regional Professional Services and Customer Success Manager of Nexthink spoke […]

Digital Shadows, a provider of cyber situational awareness, released its Shooting the Messenger: Understanding the Threats to the Media and Broadcasting Industry report which revealed that revenue generating websites are a threat to media businesses’ bottom line and are increasing with malvertising, extortion, propaganda, account take over and data leakage being the most common attacks […]