What are the top cybersecurity threats and trends on security experts' radar? McAfee's Raj Samani and Steve Povolny discuss Olympic Destroyer malware, cryptocurrency mining, the Cambridge Analytica and Facebook scandal and more.
Police have taken down Webstresser, a leading stresser/booter service tied to 4 million on-demand DDoS attacks, which could be used for as little as $15 per month. Six of the site's administrators have been arrested, as have some of the site's top users, authorities say.
Although many financial institutions are growing their security and fraud budgets, their losses to fraud are still increasing, says John Gunn of Vasco. Real-time detection capabilities are key to preventing fraud and reversing this trend, he says.
The Thai government has seized servers used to run the so-called GhostSecret cyber espionage campaign that targets organizations in the finance, healthcare and critical infrastructure sectors - and beyond. McAfee suspects the attacks are being launched by "Hidden Cobra" - a hacking group tied to North Korea.
Are you a fraudster craving an easy way to generate Microsoft Office documents with embedded malicious macros designed to serve as droppers that install banking Trojans onto a victim's PC? Say hello to a toolkit that debuted in February called Rubella Macro Builder.
An attack spoofed internet routing information, resulting in anyone who visited MyEtherWallet.com - a free, open source web app for storing and sending ether-based tokens - instead being routed to an attacker-controlled site, leading to an estimated $320,000 in losses.
The city of Atlanta's ransomware outbreak cleanup and response tab has hit $2.6 million after a March attack froze corporate servers, employees' PCs and resident-facing portals. Some security experts say the breach response funds would have been put to better use preventing the outbreak in the first place.
Attackers rarely bother with technical sophistication when easy social engineering schemes, such as "hacking" a victim's social network and using it against them, can give them what they want, says Markus Jakobsson, chief scientist at the cybersecurity firm Agari.
Corporate espionage appears to be the motive behind cyberattacks targeting a variety of medical-related equipment and systems, researcher Jon DiMaggio of Symantec says in an in-depth interview about the activities of a hacker group the company has dubbed "Orangeworm."
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.