Cyber Security News

Business Email Compromise Scams Raked in $26 Billion
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Business Email Compromise Scams Raked in $26 Billion

In a recent public service announcement released by the Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) revealed the true extent and costs associated with Business Email Compromise (BEC) scams. IC3 in the announcement reported that there had been a 100% increase in BEC scams

New Cyber Espionage Malware Emerges
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New Cyber Espionage Malware Emerges

Researchers have discovered a new piece of malware which creates a backdoor by abusing Windows BITS service in order to hide traffic be sent and received by the operator's command and control servers. This is not the first instance of researchers discovering malware designed to abuse the BITS system

14 iOS Vulnerabilities Found
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14 iOS Vulnerabilities Found

Last week the InfoSec community was informed about 14 vulnerabilities found in Apple’s iOS. Further, it was stated that these vulnerabilities were actively seen being exploited in the wild since September 2016. Over seven months of research was published by Google’s Project Zero working in conjuncti

Malware hiding in Textbooks and Essays
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Malware hiding in Textbooks and Essays

For students purchasing a new year’s worth of academic material and textbooks, the price for the books can be overwhelming. For those students, a quick search may reveal that the book they desperately need is available for free online. For a lot of students free beats paid 99% of the time, sadly, ac

TrickBot Upgrades for SIM Swapping Attacks
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TrickBot Upgrades for SIM Swapping Attacks

To say that TrickBot trojan has become more than a constant pain for those defending networks would be an understatement. Added to the constant stream of updates and upgrades the malware authors also rent out their creation to other cybercriminal organizations. This tactic has resulted in the malwar

Enterprise Networks under Attack
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Enterprise Networks under Attack

Hackers are actively attacking enterprise networks by exploiting flaws made public earlier this month. The hackers taking advantage of public technical details and demo exploit code to launch attacks against enterprise targets. The hackers are exploiting flaws discovered in Webmin, a web-based utili

Advanced Hackers Increase Scope of Bank Attacks
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Advanced Hackers Increase Scope of Bank Attacks

Hackers do not need computer science geniuses to carry out successful cyber-attacks or scams, with many attacks relying on the work and malware developed by previous threat actors. When a seemingly advanced hacker group which uses its own tools begins to attack financial institutions warning flags s

Adwind Trojan Seen Targeting Utility Companies
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Adwind Trojan Seen Targeting Utility Companies

Last week this publication covered how the Cerberus banking trojan was filling a gap in the malware-as-a-service market (MaaS) left by a crackdown on other similar trojans. The threats posed by MaaS schemes was briefly looked at in that article. As if to put a finer point on threat security research

Cerberus Banking Trojan Emerges To Fill Market Gap
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Cerberus Banking Trojan Emerges To Fill Market Gap

Banking trojans, malware-as-a-service (MaaS), and others are just some of the terms used by security researcher’s to define malware types and cybercrime. This jargon can come to be a headache for some and a nightmare for others when they find out their bank accounts have been cleaned out. With the e

Varenyky Actively Targeting France
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Varenyky Actively Targeting France

Researchers based at ESET, the well-known Slovakian security firm, have published an article detailing the emergence of a new spambot targeting those residing within the borders of France. A spambot is a malicious program designed to collect email addresses, once a list is created spam email is sent