Top gaming companies positioned to be next major cyberattack target After healthcare and higher education emerged as lucrative targets for cyberattacks in 2020, researchers have identified the video gaming industry as another key target. By scouring the dark web for stolen data belonging to any of the top 25 largest gaming firms, over a million unique and

“It’s definitely dead,” says Tyler Moffitt, security analyst at Carbonite + Webroot, OpenText companies. “At least,” he amends, “for now.” Maze ransomware, which made our top 10 list for Nastiest Malware of 2020 (not to mention numerous headlines throughout the last year), was officially shut down in November of 2020. The ransomware group behind it issued

Trickbot spreading through Subway company emails Customers of Subway U.K. have been receiving confirmation emails for recent orders that instead contain malicious links for initiating Trickbot malware downloads. Subway has since disclosed that it discovered unauthorized access to several of its servers, which then launched the campaign. Users who do click

The cybersecurity industry and end-of-year predictions go together like Fall and football or champagne and the New Year. But on the heels of an unprecedented year, where a viral outbreak changed the landscape of the global workforce practically overnight, portending what’s in store for the year ahead is even trickier than usual.   One thing the cyber

Cybercrime surpasses $1Trillion in global costs A recent study has put the global cost of cybercrime at over $1 trillion for 2020. This figure is up significantly from 2018, which was calculated at around $600 billion. And while most effects are financial, roughly 92% of affected organizations cited by the study reported additional issues stemming from cy

Biological Worries Over Malware Attacks Researchers have recently unveiled the latest potential victim for malware authors: biological laboratories. By illicitly accessing these facilities, hackers may be able to digitally replace sections of DNA strings, causing unexpected results when biologists go to create or experiment with these compounds. While it

REvil Ransomware Strikes Hosting Provider In recent days the web hosting provider Managed.com has been working to recover from a ransomware attack targeting many of their core systems. While the company was able to stop the spread of the attack by shutting down their systems and client websites, it remains unclear what information may have been encrypted

Reading Time: ~ 2 min. Phony IRS Emails Flooding Inboxes Upwards of 70,000 inboxes have been receiving spam claiming to be from the IRS threatening legal action for late or missing payments. Most recipients are Microsoft Office 365 users and have been receiving threats of lawsuits to, wage garnishment and even arrest. These spoofing scams have risen in po

Reading Time: ~ 2 min. Maze Ransomware Group Ends Operations A press release issued this week announced the end of the Maze ransomware group’s data theft operations. In the release, the Maze authors revealed their motives behind one of the most successful ransomware campaigns to date, and why they chose to finally shut down their massive project. It also

Reading Time: ~ 2 min. Adobe Flash Being Uninstalled on Windows Systems Following its September announcement, Microsoft has released an update that removes Adobe Flash from Windows 10 systems and prevents reinstallation. It should be noted that this update only removes the version of Adobe Flash that comes bundled with Windows 10. Internet browser extensi

Reading Time: ~ 2 min. Backdoor Found in Children’s Smartwatch Researchers have discovered that the X4, made by Norwegian smartwatch seller Xplora, contains a backdoor that could allow for information to be stolen. The X4 watch is designed specifically for children with a limited number of capabilities, mostly for children’s security. The backdoor, howeve

Reading Time: ~ 2 min. New Jersey Hospital Pays Massive Ransom Officials have decided to pay roughly $670,000 in ransom following a ransomware attack on the University Hospital in New Jersey. The hospital was likely forced into this decision after being unable to restore from backups the 240GB of data stolen in the attack on their systems. It’s not entire

Reading Time: ~ 2 min. Ryuk Shuts Down Universal Health Services Computer systems for all 400 Universal Health Services facilities around the globe have reportedly been shut down following an attack by the Ryuk ransomware group. Ryuk is known for targeting large organizations, but the healthcare industry has been gaining popularity among these groups due

Reading Time: ~ 2 min. Magecart Launches Largest E-commerce Attack to Date Roughly 2000 e-commerce sites were compromised in the latest Magecart campaign targeting an out-of-date version of Magento software. It’s believed an additional 95,000 sites that haven’t patched to the latest Magento version could also be targeted by the payment skimming malware. T

Reading Time: ~ 2 min. DHS Announces Massive Increase in LokiBot Attacks By monitoring and tracking of cyberattacks over 2020, U.S. Department of Homeland Security (DHS) officials have uncovered a significant increase in cyberattacks being carried out by LokiBot, a malicious info-stealer of stored passwords and cryptocurrency information. The increase in