News

The cost to the UK economy of Distributed Denial of Service (DDoS) attacks may now exceed £1 billion each year, research from NETSCOUT today reveals. 91% of major enterprises who had experienced a DDoS attack in 2018 experienced network downtime as a direct result. That downtime lasted for 30 minutes or more for nearly half the companies questioned, and an unlucky (or ill-prepared) 9% found their systems impacted for more than four hours. The average...

Business email compromise (BEC) operation resulted in $100 million in losses to a multinational technology company and a social media firm, according to the US Attorney's Office. Source: Dark Reading

Despite the 2018 crackdown on Fin7, the cybercrime group has been ramping up its efforts with two new malware samples and an attack panel. Source: Threatpost

A study tested two dozen medicine apps to find out how and where they're sharing your personal data. Source: Motherboard

As phishing attacks become increasingly commonplace, it’s important to know what to look out for. But not all phishing attacks are the same, and some are far more sophisticated than others. Cybersecurity experts say spear phishing in particular is on the rise. Source: Gizmodo

Russian hackers have targeted European government systems ahead of the EU parliament election, cybersecurity firm FireEye said Thursday. Source: CNBC

It should come as no surprise that cybercriminals favored Microsoft Office vulnerabilities in their cyberattacks last year, given the rise in phishing attacks that included rigged Word and Excel Office file attachments. Source: ZDNet

The Information Commissioner's Office (ICO) has fined Brexit Campaign group Vote Leave £40,000 ($53,000) for sending out nearly 200,000 unsolicited text messages. Source: BBC News

Email security in UK government organisations is lagging far behind that of central government, analysis reveals, with less than a third implementing standard protection Source: Computer Weekly

A fake advertisement in the Google search results has been running for the past week that looked just like a legitimate ad for eBay. When you clicked on it, though, instead of being brought to the auction site you would be shown an incredibly annoying tech support scam that would try to lock up your browser. Source: Bleeping Computer