Symantec’s annual Internet Security Threat Report Details a Scary 2017

Symantec’s 2017 Internet Security Threat Report reads more like a catalog of horrors for CIS and their staffs, with cyber spies and criminals running amuck everywhere. In 2016 as internet security threats mushroomed, cyber criminals and state-sponsored saboteurs pursued aggressive capers that included multi-million dollar virtual bank heists, some of the biggest distributed denial of …

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 …

Yahoo is disabling automatic email forwarding making it difficult to leave its service

Following Yahoo’s September announcement of a data breach affecting 500 million user accounts, the company has made it more difficult for Yahoo Mail users to transition to another email service. At the beginning of October, Yahoo disabled an email forwarding feature, which would allow users to automatically redirect incoming emails sent to their Yahoo address to …

Global Cyber Security Market to Reach around USD 180.77 Billion in 2021

A new report titled “Cyber security (Network Security, Cloud Security, Wireless Security and Others) Market, By Solution (Identity And Access Management (IAM), Encryption, Risk And Compliance Management, Data Loss Prevention, Antivirus And Antimalware, Firewall And Others), By Vertical (Aerospace, Government, Financial Services, Telecommunication, Healthcare And Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, …

Finnish F-Secure Signs MOU European Union’s Europol to curb cyber crime

On 28 April 2016 Europol’s Cybercrime Centre (EC3) signed a Memorandum of Understanding (MoU) with the online security company F-Secure Corporation at Europol’s headquarters in The Hague. F-Secure has 20 country offices and a presence in more than 100 countries, with Security Lab operations in Helsinki, Finland and in Kuala Lumpur, Malaysia. Through more than …

Cybersecurity Firm IID Predicts Massive Botnet Takeover of IoT Devices and new gTLDs

  IID, the source for clear cyberthreat intelligence, today announced its predictions for 2017 and beyond. the firm predicts that by the end of 2017, botnet operators seeking new frontiers will execute a full-scale invasion of compromised Internet of Things (IoT) devices such as wearables and connected home products. A botnet is a collective of …