Cyber Breaches on the Financial sector skyrocketed in 2016

More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM. The monetary gains associated with corporate and customer data available throughout the financial sector proved appetising to cybercriminals in a year which saw hackers switch their focus away from the …

CHIS, Kids Safety online: ICANN – a huge disappointment and a worry

The Children’s Charities Coalition on Internet Safety (CHIS) has expressed concerns that ICANN (The Internet Corporation for Assigned Names and Numbers), is not keeping the internet safe and secure for children. A new domain, .kids, can be bought by anybody wishing to set up a new website, without any relevant safeguarding checks taking place – …

Google and Symantec in a war about each other’s security practices

Google and Symantec are engaged in a war about each other’s security practices, with all of us caught in the crossfire. As TechCrunch reports, Google believes that Symantec has been improperly issuing security certificates for tens of thousands of websites. If the search engine follows through with its threat, then Chrome will soon no longer …

FBI Warns Cyber Criminals Targeting FTP Servers For Health Data

The Federal Bureau of Investigation FBI issued a warning that cyber criminals are actively targeting File Transfer Protocol (FTP) servers operating in “anonymous” mode and associated with medical and dental facilities to access protected health information (PHI). The federal agency said in a release that cyber criminals are targeting FTP servers to access PHI as …

IBM X-Force Threat Intelligence Index 2017 Says New Domains Attracts Spammers

The IBM X-Force Threat Intelligence team a vital aspect revealed in its 2017 Threat Intelligence Index that, spam levels increased, launching innumerable fresh malware-laced attachments consisting of ransomware and banking Trojans. Networkworld.com posted this, March 13, 2017. Newer gTLDs, such as .click .top and .xyz, are now accounting for 5, 4 and 3 percent of …

Feds Mirroring Commercial Websites for Encryption

Private and public sector organizations share a common goal in hosting Internet websites: making sure that connections with customers and citizens are secure. Google and Mozilla, for example, are among many entities promoting Internet security via the adoption of Hyper Text Transfer Protocol Secure technology, or HTTPS, versus the basic and less secure HTTP technology …

Ransomware variant Samas RansomWorm is wreaking havoc on unsuspecting computers

Samas RansomWorm, a ransomware variant  is infiltrating unsuspecting machines, gaining its name from its unusual propagation characteristics. Whereas traditional ransomware only encrypts the machine the attacker is controlling, RansomWorm propagates inside throughout the entire network to encrypt every server and computer—and the backups. According to research from Javelin Networks, it executes what it calls the …