20 Sep 2019

Microsoft: Cyberattacks now the top risk, say businesses

The risk of cyberattacks far outranks other threats to businesses in a new report[pdf] by Microsoft and Marsh. 79% of survey respondents stated that cyberattacks are either the top concern (22%) or a top 5 risk (57%) to their firm. In 2017 only 62% of companies mentioned cyber threats as

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20 Sep 2019

Key threats and trends SMB IT teams deal with

Malware is the top security concern for IT professionals at small to mid-sized businesses (SMBs), a new LogMeIn report reveals. Malware (mentioned by 54% of respondents) is followed by ransomware (46%), employee behavior (44%), cloud security breaches (44%), external data breaches (37%), and internal data breaches (34%). The reports notes a

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20 Sep 2019

Massive IT Support Fraud ‘Made $10 Million From Thousands Of Elderly Victims’

Federal investigators are accusing two men of running a massive IT support fraud operation between March 2015 and December 2018. The scam targeted over 7,500 victims, most if them elderly people, who lost a total of $10 million to the criminals. The scam involved a pop-up window giving users a

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20 Sep 2019

Malaysia’s Malindo Air confirms passenger data breach

Cybercriminals are selling the personal details of 30 million passengers of Malindo Air and Thai Lion Air, two subsidiaries of Indonesia’s Lion Group, on underground marketplaces. Researchers with Kaspersky Lab recently spotted the data being posted on forums. The leaked information includes passport data, addresses and phone numbers. Malindo Air

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20 Sep 2019

Study Reveals Most Expensive State for Cyber Insurance

In the United States, business cyber insurance costs $1,501 per year on average, which comes down to $125 per month, according to a new study by AdvisorSmith, which shows that state averages differ significantly. The study is based on data gathered between January and September of this year. The cheapest

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20 Sep 2019

Magecart Hackers Target Mobile Users of Hotel Websites

Security researchers at Trend Micro are warning about a new Magecart campaign targeting the websites of two International hotel chains. Magecart is an umbrella term for various criminal groups that attack websites with the aim of injecting them with “skimming” malware designed to steal the payment card information of visitors.

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20 Sep 2019

Key Senate Panel Approves $250 Million for Election Security

The US Senate Appropriations Committee on Thursday approved $250 million in funding for election security at the state level. Democratic Senator Patrick Leahy, the ranking member of the Appropriations Committee, stated that “funding election security grants is a matter of national security.” Republican Senate Majority Leader Mitch McConnell had initially

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19 Sep 2019

US Could Launch Cyberattack on Iran in Response to Saudi Oil Attack

A report by NBC News states that the US government may strike Iran in cyberspace as retaliation for the country’s alleged involvement in the recent drone attacks that disrupted about half of Saudi Arabia’s oil capacity. A cyberattack is seen a more likely response than a real world strike because it

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19 Sep 2019

Russia carried out a ‘stunning’ breach of FBI communications system, escalating the spy game on US soil

In 2016, Russian officials managed to breach the FBI communications system in a way that seriously undermined the bureau’s ability to track Russian spies in the US and prompted the FBI and the CIA to break off communications with certain assets out of fear they could otherwise be compromised by

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19 Sep 2019

The Air Force Will Let Hackers Try to Hijack an Orbiting Satellite

The US Air Force wants to let hackers attempt to take over a satellite at next year’s Defcon cybersecurity conference in Las Vegas. This year, the Air Force let infosec experts at the conference have a go at an F-15 fighter-jet data system. Because the hackers exposed several severe vulnerabilities,

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