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Cyberespionage and ransomware attacks on the increase, report warns

April 27, 2017 by Canadian Underwriter

Cyberespionage is now the most common type of attack seen in the global manufacturing, education and now public sectors, a new report has revealed. According to the Verizon 2017 Data Breach Investigations Report (DBIR), released on Thursday, ransomware is now

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Half of all phishing attacks in 2016 aimed at stealing money: Kaspersky analysis

February 22, 2017 by Canadian Underwriter

Almost half of all phishing attacks registered in 2016 by Kaspersky Lab were aimed at stealing victims’ money, the cybersecurity company reported on Wednesday. According to the Financial Cyberthreats in 2016 report, 47.48% of all phishing attacks – fraudulent email

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Cybercriminals using DDoS as “smokescreen” for other attacks on businesses: Kaspersky

November 25, 2016 by Canadian Underwriter

Cybercriminals are sometimes using distributed denial of service (DDoS) attacks as a “smokescreen” to distract businesses while hackers launch other attacks, cybersecurity company Kaspersky Lab said in a recently released survey. According to the 2016 Kaspersky Lab Corporate IT Security

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One cryptomalware attack can cost a small- or medium-sized business up to US$99,000: Kaspersky

September 9, 2016 by Canadian Underwriter

One cryptomalware attack can cost a small or medium business (SMB) up to US$99,000 on average, according to recent research from global cybersecurity company Kaspersky Lab. And “despite the fact that cybercriminals do not guarantee the return of corporate data,

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85% of polled companies victims of phishing scams in 2015, a 13% increase from 2014: Wombat Security

September 7, 2016 by Canadian Underwriter

More than 8 in 10 organizations were victims of phishing scams in 2015, a 13% increase over 2014, according to companies polled recently by Pittsburgh-based information security company Wombat Security Technologies. Wombat Security compiled data from the “millions of phishing

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Cybercriminals recruiting insiders to attack telecommunication providers: Kaspersky

August 22, 2016 by Canadian Underwriter

Cybercriminals are using insiders to gain access to telecommunications networks and subscriber data, according to an intelligence report from global cybersecurity company Kaspersky Lab. In addition to targetting insiders, these criminals are also recruiting disillusioned employees through underground channels and

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Kaspersky exposes massive underground market selling more than 70,000 hacked servers

June 17, 2016 by Canadian Underwriter

Cybersecurity company Kaspersky Lab has reported that its researchers have uncovered a global forum where cybercriminals can buy and sell access to compromised servers for as little as US$6 each. The xDedic marketplace, which appears to be run by a