Keyword
cybercriminals
Why ransomware victims are deciding not to pay up
April 15, 2021 by Adam MalikIt appears ransomware victims are less willing to give in to cybercriminals and pay up, according to a recent report by ransomware incident response platform Coveware. Commercial clients are considering the tradeoffs and are increasingly opting not to hand over…
Cybercriminals manipulate their way into company computers
September 6, 2019 Joyce M. Rosenberg - THE ASSOCIATED PRESSNEW YORK – The cybercriminal who steals information or money from a small business is probably a master of deception and manipulation as well as a techno-expert. When Nancy Butler got a call from someone claiming to be from her…
Why cybercriminals are stepping up attacks against your small business clients
January 18, 2018 by Jason ContantThe operating model for cybercrime appears to have changed, with criminals using ransomware to target smaller companies and ask for smaller currency amounts, a cyber underwriter with Beazley told Canadian Underwriter on Wednesday. Jimaan Sané said cybercriminals used to attack…
Cybercriminals capitalizing on blockchain popularity to create fraud schemes: Kaspersky
November 6, 2017 by Canadian UnderwriterCybercriminals 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…
Cybercriminals will shift focus from data to threatening human life, cybersecurity expert predicts
September 13, 2017 Jason Contant, Online EditorCybercriminals will navigate away from their focus on data and start to target or threaten human life in the near future, cybersecurity expert Kevvie Fowler suggested in an interview with Canadian Underwriter. “Moving forward the next five or ten years,…
Cybercriminals used WannaCry epidemic to promote fraudulent services, Kaspersky report says
August 22, 2017 by Canadian UnderwriterCybercriminals involved in spam distribution tried to capitalize on public fears of the WannaCry ransomware epidemic with spam and phishing emails offering cyber protection, a new report from Kaspersky Lab has found. The Spam and phishing in Q2 2017 report,…
Kaspersky discovers new version of Android Trojan that steals credentials from taxi and ridesharing app users
August 18, 2017 by Canadian UnderwriterResearchers 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…
One in four hide cybersecurity incidents from employers, global Kaspersky survey finds
July 10, 2017 by Canadian UnderwriterForty per cent of employees around the globe hide IT security incidents to avoid punishment, according to a new report from cybersecurity company Kaspersky Lab and market research company B2B International. The report, titled Human Factor in IT Security: How…
New cyberattack causes mass disruption globally
June 27, 2017 by Canadian UnderwriterOne month after the massive global WannaCry ransomware attack, “a new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across the world, hitting companies and governments in Europe especially hard,” the Associated Press reported…
Foreign cyberthreat to Canadian elections increasing, spy agency warns
June 21, 2017 Lee Berthiaume and Mike Blanchfield - THE CANADIAN PRESSOTTAWA – Canada’s electronic spy agency issued a stark warning Friday that online attempts to influence or undermine the country’s electoral process are on the increase – and steps must be taken to counter the efforts. Foreign Affairs Minister Chrystia…
73% of U.S. businesses believe their organizations are highly protected from cyber threats, but “low cyber IQ” remains: Willis Towers Watson
June 6, 2017 by Canadian UnderwriterNearly three-quarters (73%) of businesses in the United States believe that their organizations are highly protected from attempts by outsiders to gain access to their systems and data, but “low cyber IQ” among employees poses a threat, according to a…
“Noticeable decline” in distributed denial of service attacks in Q1 2017: Kaspersky
May 15, 2017 by Canadian UnderwriterRussian 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…