As more consumers shift to online shopping during the COVID-19 pandemic, retailers must ramp up their efforts to guard against ecommerce payment fraud, says Toby McFarlane, a cybersecurity expert at CMSPI, a payments consultancy.
More bad ransomware news: Following in the footsteps of Maze, now even more cybercrime gangs are threatening to not only crypto-lock systems but also leak stolen data. Such moves come following a banner year for ransomware operators, who are continuing to bring more advanced tactics to bear.
The FBI this week seized the domain of Deer.io, which federal authorities describe as a clearinghouse for stolen data and cybercriminal services operating from Russia. The alleged administrator of the now-shuttered site has been arrested and charged.
A hacking group targeted the World Health Organization earlier this month with an apparently unsuccessful spear-phishing campaign designed to harvest credentials as the United Nations organization was grappling with the global COVID-19 pandemic.
Security researchers are tracking a variant of the prolific Mirai botnet called Mukashi, that's taking advantage of vulnerabilities in network-area storage devices made by Zyxel and giving its operators the ability to launch DDoS attacks. Zyxel has issued a patch for the vulnerability.
As the global COVID-19 pandemic worsens, security firms and law enforcement, including the FBI, are warning of increasing phishing and other the cybercriminal scams targeting a largely at-home workforce.
With the declaration of COVID-19 as a pandemic, and the global shift to work from home, Tom Kellermann of VMware Carbon Black sees a corresponding increase in hacking and espionage attempts against U.S. agencies, businesses and citizens. He says add "digital distancing" to your precautions.
As cybercriminals and nation-states take advantage of the COVID-19 pandemic to further their own aims, authorities are calling on victims to report online attacks as quickly as possible to help them better disrupt such activity.
Russian state-sponsored hackers have switched their techniques, relying more on compromised corporate email accounts to send out targeted phishing emails and spam, according to the security firm Trend Micro.
COVID-19: Modern society has never seen anything like it, and neither have financial markets. Venture capitalist Alberto Yépez analyzes the impact of the disease caused by the new coronavirus on public and private companies' valuations, as well as technology buyers and the threat environment.
A new variant of TrickBot, which is using remote desktop protocol brute-force methods to target potential victims and bypass security protocols, is mainly targeting telecom services in the U.S. and Hong Kong, attempting to steal intellectual property as well as financial data, according to Bitdefender.
As a result of the COVID-19 outbreak, cybercriminals increasingly are targeting organizations that now have more remote workers and fewer IT and security staff at the ready to mitigate hacker attacks and intrusions, security experts say.
Attackers are continuing to use concerns over COVID-19 to distribute ransomware and malware, including for smartphones. The healthcare sector is perhaps at the greatest risk from these attacks because it's serving as the front-line defense against the disease.