cyber criminals News

Vast Phishing Campaign Hits Microsoft Users in 62 Countries

Microsoft Corp. customers were targeted in a massive phishing campaign that has sought to defraud users in 62 countries since December. Recently, the malicious emails have evolved to capitalize on the pandemic, according to Microsoft. The attack “targeted business leaders …

FBI Official: Number of Coronavirus Cyber Complaints on Rise

WASHINGTON — Cybercriminals are taking advantage of the pandemic, including hackers who target hospitals and medical research institutions that are studying the coronavirus, the head of the FBI’s cyber division said Tuesday. The FBI has received thousands of complaints regarding …

Ransomware Attack on Hospital Shows New Risk for Muni-Bond Issuers

Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant agreement, according to a notice to …

Hackers Want to Shut Down Factories for Pay

The malware entered the North Carolina transmission plant’s computer network via email last August, just as the criminals wanted, spreading like a virus and threatening to lock up the production line until the company paid a ransom. AW North Carolina …

McAfee: Cyber Criminals to Target Cloud Technology, IoT Systems

Hackers are expected to take advantage of vulnerabilities associated with cloud technology and the Internet of Things, according to McAfee Labs 2017 Threat Predictions report, released late last year. Other predictions, including a major advancement in threat intelligence sharing, hacktivists …

Hackers Selling Access to 70,000 Company Computer Systems

Cybersecurity firm Kaspersky Lab says it has uncovered an online marketplace where criminals from all over the world sell access to more than 70,000 hacked corporate and government servers for as little as $6 each. Kaspersky discovered the forum after …

Growing Ransomware Threat Targeting America’s Hospitals

U.S. hospitals should brace for a surge in “ransomware” attacks by cyber criminals who infect and shut down computer networks, then demand payment in return for unlocking them, a non-profit healthcare group warned on Friday. The Health Information Trust Alliance …

Cyber Security Startups Flood Marketplace, Face Funding Drought

The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks and data …

President Plans New Top Level Cyber Official

The Obama administration is creating a new high-level federal official to coordinate cybersecurity across civilian agencies and to work with military and intelligence counterparts, as part of its 2017 budget proposal announced Tuesday. The $19-billion increase in cybersecurity funding across …

Cyber-Extortionists Target Financial Sector, Demand Ransom in Bitcoin

A cybercriminal group going by the name “DD4BC” is blackmailing financial institutions, threatening to take down their customer websites unless they pay a hefty bitcoin ransom. DD4BC – which stands for “DDoS for Bitcoin” (Distributed Denial of Service for Bitcoin) …