Verizon Study Shows Mobile Devices among Top Entry Points for Hackers, Ransomware Remains Most Successful Attack

The Facebook data breach of 2018, probably the biggest of the year, illustrates better than any other example that no company, big or small, is immune to hackers. One would expect a company of Facebook’s size to sustain top-tier research and… Continue reading Verizon Study Shows Mobile Devices among Top Entry Points for Hackers, Ransomware Remains Most Successful Attack

Accused OneCoin Scam Orchestrator Arrested in Los Angeles

OneCoin founder Konstantin Ignatov was arrested at the Los Angeles airport on March 6 on allegations of wire fraud and cryptocurrency scams, the Manhattan US attorney’s office announced. An US investigation concluded that OneCoin is in fact a &#8… Continue reading Accused OneCoin Scam Orchestrator Arrested in Los Angeles

Columbia Surgical Specialists Pays Almost $15k Ransom Following Ransomware Attack

A ransomware attack on Spokane, Washington-based Columbia Surgical Specialists on Jan. 9 resulted in unauthorized access of medical records of almost 400,000 patients, the healthcare provider said in a press release. Although the FBI and security compa… Continue reading Columbia Surgical Specialists Pays Almost $15k Ransom Following Ransomware Attack

US Senate to Take Legal Steps to Prevent a Repeat of Equifax, Marriot Security Negligence

Time and again, Equifax disregarded warning signs of security vulnerabilities in its IT network, displaying a clear sign of “negligence,” before and after the 2017 data breach, concluded a report by a US Senate subcommittee on Homeland Secu… Continue reading US Senate to Take Legal Steps to Prevent a Repeat of Equifax, Marriot Security Negligence

Huawei Takes US to Court over Ban, Cyberespionage Accusations

Chinese telecom company Huawei didn’t take lightly the ban on its equipment and services enforced by US officials as part of Donald Trump’s National Defense Authorization Act, which also prohibits government agencies from collaborating with… Continue reading Huawei Takes US to Court over Ban, Cyberespionage Accusations

Data Breach Disclosures by UK Banks Jump 480% in 2018, Financial Regulator Says

In 2018, companies struggled to mitigate large-scale attacks and data breaches, but apparently too little action has been taken to improve defenses in 2019. Businesses are trying to be proactive. They have increased cybersecurity budgets and inves… Continue reading Data Breach Disclosures by UK Banks Jump 480% in 2018, Financial Regulator Says

YouTube Disables Comment Feature on Videos with Minors

Google-owned entertainment platform YouTube is taking urgent steps to ensure the safety of the younger members of its audience. A newly developed machine learning algorithm will help classify comments more effectively to filter content that exploits ch… Continue reading YouTube Disables Comment Feature on Videos with Minors

US Ally UAE Will Deploy Huawei 5G Technology for High-Speed Wireless Networks

US pressure to get European countries and others to ban Huawei technology and equipment has suffered a setback. At a recent telecommunications conference in Barcelona, Etisalat, UAE’s state telecom company, announced it will move forward with the… Continue reading US Ally UAE Will Deploy Huawei 5G Technology for High-Speed Wireless Networks

Hackers make $3.25 billion per year from social media cybercrime

Limited security and a lack of strict regulation regarding social media-related cybercrime have allowed hackers to make a yearly profit of at least $3.25 billion from these platforms alone, says a study by Dr. Mike McGuire, Senior Lecturer in Criminolo… Continue reading Hackers make $3.25 billion per year from social media cybercrime

Ransomware Attack Encrypts Medical Records at Australian Hospital

15,000 medical records of patients from a cardiology unit at Cabrini Hospital in Malvern, Australia were compromised and encrypted in a ransomware attack at the end of January, reports Australian newspaper The Age. The attackers demanded ransom in cryp… Continue reading Ransomware Attack Encrypts Medical Records at Australian Hospital