Cybercrime

It's not a question of whether a company will fall prey to ransomware, but when. Executives should focus on deciding to pay or not pay the ransom and on any legal fallout.

https://searchsecurity.techtarget.com/tip/Should-companies-pay-ransomware-and-is-it-illegal-to

Key IT systems remain shut off at Olympus, five days after what seems to have been a BlackMatter ransomware attack

Scam text messages are reaching pandemic proportions, thanks in part to the pandemic. The volume of scam text messages – commonly known as smishing scams – sent to UK mobile customers during the first...

https://www.computerweekly.com/news/252506611/Smishing-attacks-up-sevenfold-in-six-months

Working alongside law enforcement partners, Bitdefender has developed and released a tool to help REvil victims recover their data for free

https://www.computerweekly.com/news/252506780/BitDefender-launches-free-REvil-ransomware-decryptor

The re-emergence of the infamous REvil ransomware gang is a likely sign that more high-profile attacks will unfold over the coming weeks

https://www.computerweekly.com/news/252506413/REvil-reappearance-may-herald-new-ransom-campaigns

The average price of a stolen credit card on a dark web marketplace comes in at around $17.40, or £12.60, according to new data – but the real money for cyber criminals is in hacked PayPal accounts

https://www.computerweekly.com/news/252506403/Stolen-credit-card-data-worth-about-13-on-dark-web-PayPal-worth-more

Threat researchers and incident responders continue to track threat activity around the dangerous ProxyShell Microsoft Exchange vulnerabilities, including impactful ransomware hits

https://www.computerweekly.com/news/252506225/Mandiant-Sophos-detail-dangerous-ProxyShell-attacks

Cheap, low-risk, effective and deniable, state-backed cyber attacks are attractive to nations such as Russia and China, particularly while their adversaries’ digital security remains so lax

https://www.raconteur.net/technology/cybersecurity/why-cyber-attacks-will-define-21st-century-warfare/

Financial services firms have been the focus of attacks by cyber criminals during the Covid-19 crisis

https://www.computerweekly.com/news/252506150/Finance-firms-faced-up-to-760000-costs-per-DNS-attack-during-pandemic

Newly observed campaign is particularly dangerous because it appears to neutralise one of the most widely known anti-phishing techniques

https://www.computerweekly.com/news/252506088/Experts-warn-on-Office-365-phishing-attacks