IC3 Report: USD 2.4 Million Lost Due To Ransomware Attack in 2016

Ransomware is a form of malware targeting both human and technical weaknesses in an effort to deny the availability of critical data and/or systems. Ransomware is frequently delivered through various vectors, including phishing and Remote Desktop Protocol (RDP). In the recently released report from IC3, a total of 2,673 complaints were received in 2016 and […]

2016 IC3 Report: Business Email Compromise (BEC) Hit $360 Million in Losses

Business Email Compromise (BEC) is a sophisticated scam targeting businesses working with foreign suppliers and/or businesses who regularly perform wire transfer payments. The Email Account Compromise (EAC) component of BEC targets individuals who perform wire transfer payments. The techniques used in both the BEC and EAC scams have become increasingly similar. IC3 is said to […]

Russian Hackers Selling Login Credentials of UK Politicians and Diplomats

Russians hackers are selling the email addresses and passwords of top UK politicians and diplomats. The login credentials of thousands of British politicians, ambassadors and other top officials are getting traded on the dark net, The Times reports. Even though the data is old and in some ways past its sell-by date, it still presents a potential problem. Read more about Russian Hackers Selling Login Credentials of UK Politicians and Diplomats

WikiLeaks Exposes CIA’s Air-Gapped Network Hacking Tool

WikiLeaks has published online  top-secret documents it has obtained from the CIA describing the agency’s hacking tools. This details in the software codenamed Brutal Kangaroo shows that agents can use the software to infect targets’ air-gapped computers with malware. Dubbed “Brutal Kangaroo,” it has been described by its developer as a tool suite designed for […]

INEC to strengthen partnership with ICT group.

The Independent National Electoral Commission (INEC) said it would continue to collaborate with Computer Professionals Registration Council of Nigeria to deepen application of Information Technology (IT) in conducting elections. Chairman of INEC, Prof. Mahmood Yakubu, stated this when a delegation of the council led by its Registrar, Mr Allwell Chumba, visited him on Wednesday in […]

WannaCry Was a Wake Up Call for Critical Infrastructure

The WannaCry ransomware attack impacted more than 10,000 organizations in 150 countries, including manufacturing and industrial organizations like Nissan, Renault and Dacia, Spanish Telefónica and Deutsche Bahn. It’s likely that a fair number of industrial organizations have been impacted, but haven’t reported the incidents since they are not required to do so by regulatory requirements.