Tag Archives: threat

Kaspersky Lab signs threat intelligence sharing agreement with INTERPOL

INTERPOL

In a fight against cyber crime, Kaspersky Lab signed a threat intelligence sharing agreement with INTERPOL.

Kaspersky’s experts have regularly cooperated with INTERPOL to share fresh cyber threat discoveries with police in its member countries.

The antivirus and internet security software company participated in a groundbreaking INTERPOL-led cybercrime operation that identified nearly 9,000 botnet command and control (C2) servers and hundreds of compromised websites, including government portals, across the ASEAN region.

Kaspersky Lab has also previously assisted in a global operation coordinated by the INTERPOL Global Complex for Innovation (IGCI) in Singapore to disrupt the Simda criminal botnet – a network of over 770,000 infected PCs around the world.

INTERPOL has helped Kaspersky Lab experts to test and improve a free open-source tool that enables quicker and easier cyber threat research.

Anton Shingarev, vice-president for public affairs of Kaspersky Lab, said: “Sharing intelligence is vital in tackling today’s ever-growing threat landscape

Read more at: http://www.softwaretestingnews.co.uk/kaspersky-lab-signs-threat-intelligence-sharing-agreement-interpol/

Rising hacker threat will trigger boom in cyber crime insurance, Tryg says

COPENHAGEN (Reuters) – Insurer Tryg (TRYG.CO) expects 90 percent of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to crucial data and IT systems grows.

Tryg, Denmark’s biggest insurer, has sold 5,000 cyber crime insurance policies since the turn of the year when it launched a new product providing assistance in restoring data and getting systems up and running if a firm is hit by a cyber attack.

“There are no corporate clients today that don’t have insurance on their buildings or cars, but I think that within a very few years it will be just as evident that you should insure against cyber crime,” chief executive Morten Hubbe told Reuters on Wednesday.

The initial rise in demand for cyber insurance was prompted by the ransomware attack, named “Wannacry”, that infected more than 300,000 computers worldwide in May.

Read more at: https://www.reuters.com/article/us-tryg-cyber/rising-hacker-threat-will-trigger-boom-in-cyber-crime-insurance-tryg-says-idUSKCN1C91MV

Rising hacker threat will trigger boom in cyber crime insurance, Tryg …

COPENHAGEN (Reuters) – Insurer Tryg (TRYG.CO) expects 90 percent of its corporate customers to buy cyber crime insurance within five years as the threat from hackers and viruses to crucial data and IT systems grows.

Tryg, Denmark’s biggest insurer, has sold 5,000 cyber crime insurance policies since the turn of the year when it launched a new product providing assistance in restoring data and getting systems up and running if a firm is hit by a cyber attack.

“There are no corporate clients today that don’t have insurance on their buildings or cars, but I think that within a very few years it will be just as evident that you should insure against cyber crime,” chief executive Morten Hubbe told Reuters on Wednesday.

The initial rise in demand for cyber insurance was prompted by the ransomware attack, named “Wannacry”, that infected more than 300,000 computers worldwide in May.

Read more at: https://www.reuters.com/article/us-tryg-cyber/rising-hacker-threat-will-trigger-boom-in-cyber-crime-insurance-tryg-says-idUSKCN1C91MV

Cyber threat to payment industry demands multi-layer defence

Although the payment industry is targeted by relatively few cyber attackers, they are becoming increasing sophisticated, according to Ajay Bhalla, global security chief at Mastercard.

“These attackers are mostly organised crime groups who have the potential of doing a lot of damage because they are carrying out a very high volume of these attacks,” he told Computer Weekly.

As the industry has tightened security

Read more at: http://www.computerweekly.com/news/450427231/Cyber-threat-to-payment-industry-demands-multi-layer-defence

Cyber crime threat underestimated in Armenia

YEREVAN, September 28. /ARKA/. Samvel Martirosyan, a media expert, thinks cyber crime threat is underestimated in Armenia. 

He said there are no accurate statistical data on that in the country, and therefore nobody in the country understands the gravity of cyber crimes here. 

In his words, any in Armenia think that threat comes only from Azerbaijani hackers, who break profiles in social networks, while in fact, far graver crimes happen here, but the population knows nothing about them. 

As a rule, Armenian residents don’t appeal to the police when they become victims of cyber criminals. 

“Cyber crimes are many among criminal offenses,” Martirosyan said. “Very often people don’t know that a mere hacking of their accounts in the network is a major criminal offense.”

He said that very often hackers break companies’ e-mails in Armenia to transfer large amounts of money, but even in such cases people don’t call the

Read more at: http://telecom.arka.am/en/news/internet/cyber_crime_threat_underestimated_in_armenia_/

Ransomware is the top threat facing computer users as Interpol reveals massive 2017 cybercrime ‘epidemic’

  • Ransomware was the top cyber threat in 2017, Europol revealed in a new report
  • Experts cited high-profile attacks such as ‘WannaCry,’ which reached millions
  • Also named data breaches, the darknet, extortion of youth for child pornography

Reuters

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Cheyenne Macdonald For Dailymail.com

ATM cyber attack a growing threat, warns Europol

ATM malware has evolved and no longer requires physical access to machines to infect them, a report reveals.

Previously, criminals used physical “skimming” devices, USB sticks or CDs to install malware within automated teller machines (ATMs) but since 2015 the attacks have become increasingly remote.

Now weaponised, ransomware is a grave threat

Now weaponised, ransomware is a grave threat

Now weaponised, ransomware is a grave threat

PHOTO ILLUSTRATION: Sophos website

Brought to you by Sophos

One thing 2017 will be remembered for is how ransomware realised many long-held fears of a cyber attack. Spreading fast to hundreds of thousands of computers across the globe, malicious code found easy victims from hospitals to nuclear plants, like never before.

On their screens, those affected were told to pay up in Bitcoin or forever have their files encrypted and locked from them. Even if these could be restored, the operation often took up valuable time and resources.

The WannaCry ransomware, launched in May this year, reached more than 230,000 computers in more than 150 countries. Just a month later, the followup Petya disrupted anything from ATM

Read more at: https://www.techgoondu.com/2017/09/26/now-weaponised-ransomware-grave-threat/

Cyber threat analysis in complex adaptive systems

The use of wartime analogies in cybersecurity is common in our industry. Sun Tzu is often quoted in presentations and papers to emphasize an author’s key point. I will spare you that in this article; however, I would like to introduce the idea of applying a rigorous framework derived from kinetic warfare to the cyber realm. The notion of complex adaptive systems (CAS) as introduced by Brigadier General Wayne Michael Hall and Dr. Gary Citrenbaum in their book on intelligence collection provides such a framework.

The CAS is a constantly changing, self-revising, feedback-incorporating concept that is typical in modern urban warfare. Troops engaged in battles in this context must simultaneously collect and process information, then develop intelligence on the social, economic, political, geographic, and adversarial conditions. Hall and Citrenbaum argue that the norm in modern warfare is irregular warfare, where adversaries are unevenly matched and chaos, subterfuge, and obfuscation

Read more at: https://www.helpnetsecurity.com/2017/09/25/cyber-threat-analysis/