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Although it's said that the only two constants in life are death and taxes, maybe a third item should be on that list: financial fraud. A report recently released by Financial Fraud Action U.K. revealed that more than 1 million incidents of financial fraud – anything involving credit cards, online/telephone banking or checks – happened in the U.K. during the first s...
Thus far, 2016 has seen no shortage of new cyberthreats, particularly where ransomware is concerned. In fact, security researchers have found that 79 new strains of encryption malware were discovered during the first half of 2016. Meanwhile, the FBI estimates that businesses will lose $1 billion by the end of the year to ransomware. The situation is bad and getting worse....
This September, one of the largest data breaches of all time came to light. According to WIRED, a minimum of 500 million Yahoo users had personal information stolen, "including user names, email addresses, telephone numbers, dates of birth, security questions and answers, and passwords." Other sources have suggested that the breach may have impacted closer to 1 billion use...
On Sept. 22, 2016, an unprecedented event in the history of cyberattacks took place in one of the most unlikely, yet ironically appropriate venues – Krebs on Security.com. The event was a distributed denial-of-service attack, and one for the ages. According to SC Magazine senior reporter Bradley Barth, the attack flaunted "a bandwidth between 620 and 665 Gbps – one...

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