Floki Bot, a new financial oriented malware, is popular with English, Portuguese, and Russian speaking underground criminal markets, winning over cybercriminals with new features and functionality. It is currently being used by a number of different cybercrime groups around the world and is being sold on the dark market for… Read More
Tag: cybersecurity
Mind-Boggling Uber Hubris
Uber was on a mighty roll throughout 2016 picking up strategic alliances with Ford Motor Company and Volvo Cars (for test vehicles) adding talent (cybersecurity experts Chris Vlasek and Charlie Miller) and acquisitions (Otto) and rubbing up against university researchers (Carnegie Mellon). So it was jaw-droppingly hideous… Read More
Cybercriminals Next Targets: Short Term Dangers (part 1 of 2)
Knowing what cybercriminals are targeting today is easy. Their attacks are loud, impactful, and have the elegance of a herd of bulls crashing through a glassware shop. The tougher challenge is figuring out where they will take aim tomorrow. Knowing where cyber threats will attack in the future, gives the necessary insights to … Read More
3 Reasons Why is Cybersecurity Losing
Cyber threats are currently outpacing the defenders but it does not need to be the case. Attacks are increasing in number and type, with the overall impacts are becoming greater. Cybersecurity is struggling to keep our digital lives and assets protected from the onslaught of attacks but facing great challenges. By understanding… Read More
New IoT Botnets Emerge
On the heels of severe Distributed Denial of Service (DDoS) attacks, new Internet-of-Things (IoT) powered botnets are emerging. There are already hundreds of such botnets which exist in the underground hacking ecosystem, where services, code, and specific attacks can be purchased or acquired. New botnets are being developed… Read More
Top 5 Things to Know About Recent IoT Attacks
Recent internet attacks resulted in popular sites becoming unreachable, such as Twitter, Etsy, Spotify, AirBnB, Github, and the New York Times. These incidents have brought to light a new threat to online services: Internet of Things (IoT) botnets. Distributed Denial of Service (DDoS) attacks have been commonplace for over… Read More
Should Cybercrime Victims be Allowed to Hack-Back?
Being hacked is a frustrating experience for individuals and businesses, but allowing victims to hack-back against their attackers is definitely a dangerous and ill-advised path.
Compounding the issues is the apparent inability of law enforcement and governments to do anything about it. Cybercrime is expected to reach a dizzying… Read More
Establishing Principles for IoT Security
Much has been said about the potential of IoT. So much so, that it is has been featured at the peak of inflated expectations on Gartner’s hype cycle for quite some time. As the hype inevitably subsides, the reality of delivering the benefits of IoT grows, and the initial excitement turns to concern. Challenges around security and … Read More
Safety = Security?
Have you ever wondered what the difference is between safety and security? I would be surprised if you had unless you work in these areas as we tend to use the words interchangeably. Languages such as German, Norwegian and Spanish have one word to mean both – or so I am told by my associates who claim those languages as their mother… Read More
IBM z13 Helps Avoid Costly Data Breaches
A global study sponsored by IBM and conducted by the Ponemon Institute found that the average cost of a data breach for companies surveyed has grown to $4 million, representing a 29 percent increase since 2013. With cybersecurity incidents continuing to increase with 64% more security incidents in 2015 than in 2014 the costs are… Read More