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Ransomware Attacks This Year Are Already Higher Than 2020

According to the 2021 Cyber Threat Report by SonicWall, 304.7 million ransomware attacks occured in the first half of 2021, already surpassing the total number of ransomware attacks for all of 2020 with 304.6 million (a 151% increase YTD). The increase in ransomware attacks are due to the shift to remote work, allowing threat actors […]

Posted: August 16, 2021 | View More »

Choosing a Cybersecurity Approach

In the first part of this series released on Tuesday, we set the stage for present-day ransomware attacks. These professional enterprises have developed (and continue to improve upon) automated technology that increases their reach and depth of attacks. Businesses can no longer take a wait-and-see approach or keep kicking the cybersecurity can down the road. […]

Posted: July 22, 2021 | View More »

Ransomware Attacks Aren’t Just for Big Companies

While millions of Americans were celebrating a long Independence Day weekend, something sinister was happening behind the scenes. Considered to be one of the largest ransomware attacks ever, more than 1,000 businesses worldwide were suddenly locked out of their own IT systems with demands to pay up to $5 million each to regain access to […]

Posted: July 19, 2021 | View More »

Ransomware Attacks Run Rampant as Fujifilm Becomes the Next Victim

We just covered a recent story today that there was a ransomware attack on Steamship Authority. And like clockwork, another company becomes the next victim. Fujifilm, a huge Japanese company known for digital imaging products, has been hit with ransomware at their Tokyo headquarters. In a statement from the company, “We want to state what […]

Posted: June 16, 2021 | View More »

When Cryptocurrency Investments Really Are Too Good To Be True

The US Federal Trade Commission (FTC) reports that victims have lost more than $80 million in cryptocurrency scams since October of last year, with about $2 million of that total going to Elon Musk impersonators. Scammers are taking advantage of misunderstandings that often surround cryptocurrency investments, and they use a variety of techniques. Impersonating celebrities […]

Posted: June 16, 2021 | View More »

U.S. to give ransomware hacks similar priority as terrorism

June 3, 2021 – 3:30PM EDT — The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters. Internal guidance sent on Thursday to U.S. attorney’s offices across […]

Posted: June 16, 2021 | View More »

The FBI’s Internet Crime Complaint Center Marks Its 6 Millionth Complaint as Pace Accelerates

The rate at which cyberattacks are increasing are being noticed by both their victims and the FBI, who are seeing more people affected by online crimes and scams. Cyberattacks are occurring at an all-time rapid pace. The FBI recently announced a staggering statistic providing some insight into just how quickly that pace is increasing. According […]

Posted: June 16, 2021 | View More »

A Popular Fraud Combo is Back: Elon Musk and Bitcoin

Researchers at Bitdefender warn that cybercriminals continue to impersonate Elon Musk in Bitcoin scams. One campaign that started on May 15 involved sending thousands of emails telling users to register for a $5,000 Bitcoin giveaway organized by Tesla. “79.72% of scam emails appear to be sent from IP addresses in Germany, targeting users in Europe […]

Posted: June 16, 2021 | View More »

Another Tax Season, Another Opportunity for Scams

It’s the start of tax season. This is the time of year when we collect our receipts and tax forms and hope for a nice big refund from the U.S. government. Unfortunately, cybercriminals are also looking for a nice big score as well. This year is going to be worse than ever, as many people […]

Posted: April 14, 2021 | View More »

Researchers Have Their Eye on Malicious Clones of Android Apps That Put Devices at Risk

Researchers at Check Point have found malicious apps in the Google Play Store that will download Trojans to infected devices. “Check Point Research (CPR) recently discovered a new Dropper spreading via the official Google Play store, which downloads and installs the AlienBot Banker and MRAT,” the researchers write. “This Dropper, dubbed Clast82, utilizes a series […]

Posted: April 14, 2021 | View More »

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Yahoo Suddenly Rises in Popularity in Q4 to Become the Most Impersonated Brand in Phishing Attacks

Completely absent from the top 10 brands for more than two years, Yahoo’s impersonation may indicate that scammers are looking for new attack angles using lesser-used brands. Yes, of course, Yahoo is anything but insignificant. With revenues topping $8 billion, the search engine giant is still quite relevant today. But in the world of phishing attacks using […]

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BEC Group Launches Hundreds of Campaigns

A business email compromise (BEC) gang has launched more than 350 attacks against organizations in the US, according to researchers at Abnormal Security. The threat actor, which Abnormal Security tracks as “Firebrick Ostrich,” conducts open-source reconnaissance on their targets in order to construct their scam. “In contrast to other forms of financial supply chain compromise […]

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