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Why North America is the costliest for SMB data breaches

May 28, 2018 by Jason Contant

North America is the most expensive location for a small and medium-sized business (SMB) to suffer a data breach, with SMBs in Canada and the United States also having the highest recovery cost, according to a new study. This year’s

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Linux botnets, number of countries facing DDoS attacks up in Q3: Kaspersky

November 13, 2017 by Canadian Underwriter

The share of Linux botnets is continuing to grow, accounting for 70% of attacks in the third quarter of the year from 51% in Q2, according to cybersecurity company Kaspersky’s Q3 2017 DDoS Intelligence Report. Experts also continue to see

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Security experts unsure of how to combat targetted attacks: Kaspersky report

November 7, 2017 by Canadian Underwriter

More than 60% of IT security experts are unsure of how to combat security breaches like targetted attacks, a new report on behalf of cybersecurity company Kaspersky Lab has found. The report, titled New Threats, New Mindset: Being Risk Ready

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Cybercriminals capitalizing on blockchain popularity to create fraud schemes: Kaspersky

November 6, 2017 by Canadian Underwriter

Cybercriminals are capitalizing on the popularity of blockchain technology by circulating cryptocurrency-themed fraud schemes, according to cybersecurity company Kaspersky Lab’s Spam and Phishing in Q3 2017 report. “While cryptocurrency holders search for new investment opportunities and bitcoin enthusiasts look to

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Apathy towards device security key cyber risk: Kaspersky

October 19, 2017 by Canadian Underwriter

A reliance on mobile devices and apathy towards device security have been highlighted as key cybersecurity impact areas in Kaspersky Lab’s latest Kaspersky Cybersecurity Index. The index, an aggregate of indicators reflecting changes in online behavior, found that in the

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DDoS attacks on the rise, Kaspersky research shows

October 11, 2017 by Canadian Underwriter

Distributed denial of service (DDoS) attacks are on the rise, with about one-third (33%) of polled global organizations facing such an attack in 2017, new research from cybersecurity company Kaspersky Lab has found. The IT Security Risks research is an

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Cyberattacks cost large businesses in North America an average of US$1.3 million: Kaspersky

September 19, 2017 by Canadian Underwriter

The cost of a cyberattack for large enterprises in North America is US$1.3 million, up from US$1.2 million in 2016, according to a new report from cybersecurity company Kaspersky Lab and market research firm B2B International. The report, titled IT

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Digital security company Avast reports 40% increase in Android mobile cyberattacks in Q2 2017

September 14, 2017 by Canadian Underwriter

Digital security company Avast has reported an uptick in attacks targetting Android smartphones and tablets year-over-year in the second quarter of 2017 of nearly 40%. “Mobile cybersecurity attacks are growing rapidly as hackers’ strategies become more agile and dangerous, and

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Kaspersky discovers new version of Android Trojan that steals credentials from taxi and ridesharing app users

August 18, 2017 by Canadian Underwriter

Researchers from cybersecurity company Kaspersky Lab reported on Thursday that they have discovered a new modification of the well-known mobile banking Trojan, Faketoken, which is now able to steal credentials from taxi and ridesharing app users. Based on the results

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“Noticeable decline” in distributed denial of service attacks in Q1 2017: Kaspersky

May 15, 2017 by Canadian Underwriter

Russian cybersecurity company Kaspersky Lab has found a “noticeable decline” in the number of overall distributed denial of service (DDoS) attacks and a change to how they were dispersed by country. Kaspersky released late last week its Q1 2017 DDoS

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Almost 40% of industrial computers worldwide faced a cyberattack in the second half of 2016: Kaspersky

March 29, 2017 by Canadian Underwriter

Two in five computers around the globe related to the technological infrastructure of industrial enterprises faced cyberattacks in the second half of 2016, according to cybersecurity company Kaspersky Lab. Research from Kaspersky released on Tuesday showed that the percentage of

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Kaspersky finds “invisible” cyberattacks in 40 countries using legitimate software

February 10, 2017 by Canadian Underwriter

Global cybersecurity company Kaspersky Lab has reported that it has found “invisible” cyberattacks in 40 countries, attacks that are using only legitimate software. The series of targeted attacks use “widely available penetration-testing and administration tools, as well as the PowerShell