According to 2106 Internet Crime Complaint Center (IC3) report, 298,728 complaints were received in 2016 totaling more than $1.3 billion in financial loss. According to the new edition of the Internet Crime Complaint Center (IC3) report, 298,728 complaints were received in 2016 totaling more than $1.3 billion in financial loss. The annual FBI’s Internet Crim

Researchers at AlienVault observed a significant increase in the number of SamSam ransomware attacks, crooks are demanding $33,000 to the victims. Security experts at AlienVault have observed a new string of attacks leveraging the SamSam ransomware, and this time crooks are demanding a $33,000 ransom to decrypt the files. According to the researchers, crooks

Drupal team released security updates to fix several vulnerabilities, including the critical access bypass flaw CVE-2017-6922 exploited in spam campaigns. The Drupal development team has released security updates to fix several vulnerabilities, including the critical access bypass flaw tracked as CVE-2017-6922 that has been exploited in spam campaigns. The C

South Korean web hosting company NAYANA was hit by the Erebus ransomware that infected 153 Linux servers and over 3,400 business websites the company hosts. The South Korean web hosting provider NAYANA has paid $1 million in bitcoins to crooks after a Linux ransomware infected its systems. its 153 servers, encrypting 3,400 business websites and their data,

Threat actors behind the financial trojan TrickBot have been updating its campaigns targeting Payment Processors and CRM Providers. Threat actors behind Banking Trojan TrickBot switched from financial institutions to Payment processors and CRM providers. TrickBot was initially observed in September 2016 by the researchers at security firm Fidelis Cybersecuri

For the second time in a month, Google removed malicious apps infected with the Ztorg Trojans that could allow attackers to root targeted devices. Most software developers update their apps to patch vulnerabilities and add new features. But when the software is malware, an update could be the worst thing to do. The Google Play Store is always working to prev

Pinkslipbot banking Trojan is a banking Trojan that uses a complicated multistage proxy for HTTPS-based control server communication. Security researchers at McAfee Labs have spotted a new strain of the Pinkslipbot banking malware (also known as QakBot/QBot) that leverages UPnP to open ports, allowing incoming connections from anyone on the Internet to commu

An official statement issued by the Buckle Inc. retail confirmed that a point-of-sale malware was discovered on cash registers at its stores. A few hours ago, the popular investigator and cyber security expert Brian Krebs contacted the Buckle Inc. company after sources in the financial sector reported him about a possible card breach at the retailer. “

The number of fileless malware continues to increase, recently security researchers spotted a new Fileless Ransomware dubbed Sorebrect. Sorebrect is able to inject malicious code into a legitimate system process (svchost.exe) on a targeted system and it terminates its binary to evade detection. It also make hard forensics analysis by deleting the affected s

An international operation conducted by the European police targeted customers of counter antivirus and crypter services: 6 arrested and tens of interviewed The Germany’s Kriminalinspektion Mayen along with the Europol’s European Cybercrime Centre (EC3) have arrested six individuals and interviewed dozens of suspects as part of an international law enforceme

Victims of the Jaff ransomware can use an updated version of the Kaspersky Labs’s RakhniDecryptor tool to decrypt their encrypted files. Security researchers at Kaspersky Lab have discovered a weakness in the Jaff ransomware that allowed the researchers creating of decryption keys to unlock files encrypted by the malware. Once the victims were infected

Thailand: Police raided massive click farms, the agents have seized nearly half a million SIM cards and hundreds of iPhones used to promote products online. Police and army troops in Thailand has raided a massive click-fraud farm, the agents have seized nearly half a million SIM cards and hundreds of iPhones used to promote products online. The authorities h

Security Experts at Arbor Networks have spotted a new banking trojan, initially called ‘Matrix Banker’, that is targeting Latin America. Malware researchers at Arbor Networks have spotted a new banking trojan, initially called ‘Matrix Banker’, that is targeting Latin America. The malicious code seems to be still under development, mo

Security researchers at Trend Micro used Tor honeypots to conduct a six-months study of the attack landscape of the Dark Web, Security experts at Trend Micro have conducted a six-months study of the attack landscape of the Dark Web, researchers operated a honeypot setup simulating several underground services on the Dark Web in order to analyze the way they

It should come as no surprise that the financial sector is the top target for cybercriminals year after year. After all, money does make the world go ’round. What is more surprising, though, is fraudsters’ continued success. In 2016, we saw an influx in point-of-sale (POS) attacks, ATM jackpotting and SWIFT transaction manipulation. According t