CFOtech US - Technology news for CFOs & financial decision-makers

Cybercrime stories - Page 20

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
Techday 885aa551135e4516e856

Sophos warns of rising threats exploiting Office 365 tools

Fri, 24th Jan 2025
#
uc
#
firewalls
#
data protection
Sophos researchers have uncovered two active campaigns targeting firms via Microsoft Office 365 and remote tools, triggering a surge in data theft and ransomware incidents.
Techday f 1a2501e5515ee48e1142

New PhaaS kits boost phishing threats with advanced tools

Thu, 23rd Jan 2025
#
malware
#
email security
#
cybersecurity
Research from Barracuda reveals a surge in Phishing-as-a-Service kits, with 30% of credential attacks in 2024 using these advanced tools, set to rise to 50% in 2025.
Techday a511a63b2125ccb739e3

Phishing attacks rise in 2024 with AI-driven tactics

Fri, 3rd Jan 2025
#
phishing
#
email security
#
payment technologies
Cybersecurity experts report a sharp rise in phishing attacks in 2024, with 94% of organisations affected and AI tactics in 67.4% of incidents.
Techday 71419e56aeac5094beb8

CloudSEK report reveals surge in complex cyber threats

Wed, 1st Jan 2025
#
firewalls
#
ransomware
#
mfa
CloudSEK's 2024 Threat Landscape Report reveals a staggering 994TB of data exfiltrated, with ransomware demands averaging over USD $2 million.
Techday d4a84108686edc594266

Manufacturing sector hit hardest by ransomware in 2024

Wed, 18th Dec 2024
#
ransomware
#
mfa
#
advanced persistent threat protection
New research reveals the manufacturing sector was hit hardest by cyber attacks in Q3 2024, with 394 ransomware incidents accounting for 71% of all cases.
Techday 9bd2e20e25d4aed97762

Ransomware attacks rise by 19% in October according to NCC Group

Mon, 25th Nov 2024
#
ransomware
#
mfa
#
physical security
Ransomware attacks surged 19% in October, totalling 486 incidents globally, as threat actors increasingly targeted critical infrastructure sectors.
Techday f04d4677b22fc215ca1c

Auror raises AUD $72.6m to tackle retail crime globally

Wed, 13th Nov 2024
#
physical security
#
woolworths
#
auror
Auror has raised AUD $72.6 million in Series C funding to enhance its retail crime-fighting technology and expand into North America and the UK.
Techday aee6b6a803aef9c045a7

Proofpoint uncovers 'Voldemort' malware linked to TA415

Thu, 24th Oct 2024
#
malware
#
cloud security
#
phishing
Researchers at Proofpoint have unveiled a sophisticated malware campaign named 'Voldemort', linked to the TA415 threat group, targeting over 70 organisations worldwide.
Techday 5b158b0d4f9de545fa52

Kiwis confident in cyber security, but wary of AI tools

Mon, 30th Sep 2024
#
phishing
#
email security
#
ai
New Zealanders are diligent about cyber security but wary of AI tools, an NCSC study reveals. Only 35% find cyber security intimidating, yet AI trust lags.
Img jf6hwo0gfiu6ma44sguzaeae

Ransomware activity spikes 20%, hospitals now in crosshairs

Thu, 25th Apr 2024
#
ransomware
#
healthtech
#
cybercrime
Ransomware victims surge nearly 20% YoY in Q1 2024, with active ransomware groups increasing by 55% despite law enforcement efforts.
Img pwmdqxdbf8tb2vw0tlj7nces

ExpressVPN reveals 41% of Brits fear holiday cybercrime

Thu, 18th Apr 2024
#
vpns
#
cybersecurity
#
cybercrime
ExpressVPN study reveals that 41% of British tourists fear falling victim to cybercrime on holiday, with concerns especially heightened when using public Wi-Fi networks.
Img 7e5cwpm9roooq3stg3lzdzi6

Cyber crime damage costs firms up to $5m annually, says Barracuda

Wed, 31st Jan 2024
#
ransomware
#
phishing
#
email security
Annual business cybercrime recovery costs can reach up to $5m, with firms fearing a rise in GenAI-powered attacks, according to a Barracuda Networks report.
Img hvpgsx3jhrmwz76uhahv5qqc

Salvador Technologies secures $6m funding for cyber-attack recovery expansion

Wed, 20th Dec 2023
#
ai
#
healthtech
#
investment
Salvador Technologies secures $6 million investment to expand its pioneering cyber-attack recovery solutions globally.
Gettyimages 1400359666  1

Mandiant details prolific North Korean cyber-espionage group

Wed, 29th Mar 2023
#
advanced persistent threat protection
#
cybersecurity
#
cybercrime
Mandiant has assessed with high confidence that APT43 is a moderately-sophisticated cyber operator that supports the interests of the North Korean regime.
Gettyimages 701249404

Stolen data spreading even faster on the dark web - report

Mon, 25th Oct 2021
#
breach prevention
#
cybersecurity
#
data breach
Increased volume of data breaches and more avenues for cybercriminals to monetise data has led to increased activity surrounding stolen data on the dark web.
Gettyimages 1144604245

New cyber-criminal group discovered targeting government servers, fuel, energy and aviation companies

Fri, 1st Oct 2021
#
datacentre infrastructure
#
cybersecurity
#
cybercrime
Researchers have identified a new, previously unknown group that has systematically attacked Russia's fuel and energy complex and its aviation industry.
Gettyimages 1283891733

Trade secret protection rapidly rising up the corporate agenda

Thu, 17th Jun 2021
#
ecm
#
martech
#
supply chain
According to a report by @TheEIU, corporates fear cybercrime and employee leaks as the biggest risks to protecting trade secrets.
Gettyimages 1202251440

Video: 10 Minute IT Jams - CrowdStrike's security cloud focus for 2021

Thu, 4th Feb 2021
#
digital transformation
#
cloud security
#
ai security
CrowdStrike is a cybersecurity firm that started in the United States and has quickly made the most of the last decade.
Gettyimages 641382150

Report: Majority of New Zealanders exposed to cyber crime

Mon, 6th Apr 2020
#
cybersecurity
#
healthtech
#
cybercrime
A NortonLifeLock report reveals 36% of Kiwis experienced cyber crime in 2019, leading to NZ$108 million in losses and over 5 million hours fixing issues.
Gettyimages 472155788

Hackers increasingly 'island hopping' – so what does it mean?

Tue, 14th May 2019
#
supply chain
#
cybersecurity
#
healthtech
Hackers are escalating their use of 'island hopping', targeting less secure third-party suppliers to infiltrate larger organisations' networks and wreak havoc.