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Businesses hit by repeated ransomware attacks, failing to close gap on exploits

Sophos has announced the findings of its survey: “The state of endpoint security today”, which shows the extent to which businesses are at risk of repeated ransomware attacks and vulnerable to exploits.

The survey polled more than 2 700 IT decision-makers from mid-sized businesses in 10 countries worldwide, including the US, Canada, Mexico, France, Germany, UK, Australia, Japan, India and South Africa. The survey concludes that despite the high-profile headlines of 2017, businesses are still not prepared to face today’s fast-evolving threats.

Ransomware continues to be a major issue across the globe, with 54% of organisations surveyed hit in the last year and a further 31% expecting to be victims of an attack in the future. On average, respondents impacted by ransomware were struck twice.

“Ransomware is not a lightning strike – it can happen again and again to the same organisation. Sophos is aware of cyber criminals unleashing four different ransomware

Read more at: https://www.itweb.co.za/content/JBwEr7n5kJrv6Db2

Businesses fail to close the gap on exploits

In 2017, healthcare was the top target for ransomware, followed by energy, professional services and retail, says Sophos.

IT security remains a highly challenging and complex area for organisations across the globe, fuelled by the ever-increasing complexity of malware attacks and the financial incentives for attackers.

This is according to a recent Sophos report titled The State of Endpoint Security Today, which surveyed 2 700 mid-sized organisations in 10 countries worldwide, including South Africa. The study says despite the high-profile headlines of 2017, businesses are still not prepared to face today’s fast-evolving threats.

It says ransomware continues to be a major issue across the globe, with 54% of organisations surveyed hit in the last year, and a further 31% expecting to be victims of an attack in the future.

Healthcare was the top target, followed by energy, professional services and retail, says the study.

Although both healthcare and financial services

Read more at: https://www.itweb.co.za/content/Gb3Bw7Wojmy72k6V

Close to Dh4 billion lost last year to UAE cybercrime

Cyber criminals prowling the online world have plundered almost Dh4 billion from victims in the UAE in the last year according to security experts.

More than half the adult population fell victim to cybercrime in 2017, with the latest Norton Cyber Security Insights Report claiming each lost an average of Dh669.

The rise of connected in-home devices and wearable smart technology have helped contribute to the figures, with victims of online crime losing about six working days dealing with the fallout and attempting to recover the stolen information.

The report found criminals were twice as likely to target those with a connected home device, whilst owners of internet-connected gaming consoles and streaming devices were also more vulnerable.

Common blind spots that are leaving people exposed include using the same online password across several accounts and saving passwords on to a file within a device used to surf the web.

Security experts who compiled the report

Read more at: https://www.thenational.ae/uae/close-to-dh4-billion-lost-last-year-to-uae-cybercrime-1.697742

Close to Dh4 billion lost in 2017 to UAE cybercrime

Cyber criminals prowling the online world have plundered almost Dh4 billion from victims in the UAE in the last year according to security experts.

More than half the adult population fell victim to cybercrime in 2017, with the latest Norton Cyber Security Insights Report claiming each lost an average of Dh669.

The rise of connected in-home devices and wearable smart technology have helped contribute to the figures, with victims of online crime losing about six working days dealing with the fallout and attempting to recover the stolen information.

The report found criminals were twice as likely to target those with a connected home device, whilst owners of internet-connected gaming consoles and streaming devices were also more vulnerable.

Common blind spots that are leaving people exposed include using the same online password across several accounts and saving passwords onto a file within a device used to surf the web.

Security experts who compiled the report said

Read more at: https://www.thenational.ae/uae/close-to-dh4-billion-lost-in-2017-to-uae-cybercrime-1.697742

2017, the year when cybercrime hit close to home

The past 12 months have seen a number of unprecedented cyber-attacks in terms of their global scale, impact and rate of spread. Already causing widespread public concern, these attacks only represent a small sample of the wide array of cyber threats we now face. Europol’s 2017 Internet Organised Crime Threat Assessment (IOCTA) identifies the main cybercrime threats and provides key recommendations to address the challenges.

Europol’s Executive Director Rob Wainwright: “The global impact of huge cyber security events such as the WannaCry ransomware epidemic has taken the threat from cybercrime to another level. Banks and other major businesses are now targeted on a scale not seen before and, while Europol and its partners in policing and Industry have enjoyed success in disrupting major criminal syndicates operating online, the collective response is still not good enough. In particular people and companies everywhere must do more to better protect themselves.”

The

Read more at: http://expertlegalreview.com/2017-year-cybercrime-hit-close-home/

Crooks back in business DAYS after police officials close down illegal websites

On one of the sites – which we are not naming – there were 436 listings for cannabis buds, hashish, oil and seeds.

Different varieties of cocaine were on offer, plus ecstasy, heroin and prescription pills.

One listing selling a gram of pure Afghan heroin for £150 came with a note saying: “Tried and True. Remember, you get what you pay for. Product has been lab tested for purity and is free of contaminants.”

Another advert for super strength orange Tesla ecstasy, made in Holland but sold from the UK, was offering 50 tablets for £135.

The vendor promised “strong pills”, advising “take half first”.

Another crook was selling fake biometric passports for £4,000, work visas and false certificates for passing the British Citizenship Test. 

Read more at: http://www.dailystar.co.uk/news/latest-news/633595/dark-web-markets-selling-drugs-weapons-bomb-making-websites-us

Police personnel are struggling to close cases of cyber crime

As many as 10 cases of online fraud were reported between the last week of December and the first week of January. However, as the fraud amounts were less than ?50,000, the cases don’t go to the Cyber Crime Cell, but the local police.

Unfortunately, police personnel are struggling to close these cases, as they are not equipped with the tools to go after the perpetrators. Rural police stations do not have the technology to solve cyber crimes. And police across cities continue to rely on traditional methods to investigate crime.

Manpower, or the lack of it, is another deterrent. “We are already reeling under pressure to manage law and order due to shortage of staff. Our top priority will be saving lives. Other issues will come later,” said a senior police officer.

Cyber crime cases need resources, time and dedication. Elaborating, a senior police officer said, “We cannot afford to deploy personnel

Read more at: http://www.nyoooz.com/news/bengaluru/721801/six-ingenious-essentials-for-carryon-travel

Police personnel are struggling to close cases of cyber crime

As many as 10 cases of online fraud were reported between the last week of December and the first week of January. However, as the fraud amounts were less than ₹50,000, the cases don’t go to the Cyber Crime Cell, but the local police.

Unfortunately, police personnel are struggling to close these cases, as they are not equipped with the tools to go after the perpetrators. Rural police stations do not have the technology to solve cyber crimes. And police across cities continue to rely on traditional methods to investigate crime.

Manpower, or the lack of it, is another deterrent. “We are already reeling under pressure to manage law and order due to shortage of staff. Our top priority will be saving lives. Other issues will come later,” said a senior police officer.

Cyber crime cases need resources, time and dedication. Elaborating, a senior police officer said, “We cannot afford to deploy personnel

Read more at: http://www.thehindu.com/news/cities/bangalore/Police-personnel-are-struggling-to-close-cases-of-cyber-crime/article17128576.ece