Tag Archives: weekly

Cyber criminals exploit Oracle WebLogic flaw – Computer Weekly

A cyber criminal campaign is deploying Monero cryptocurrency miners on hundreds of victims’ machines by exploiting a flaw in unpatched versions of Oracle’s Fusion Middleware, security researchers have warned.

Top 10 cyber crime stories of 2017 – Computer Weekly

Without a doubt, the most significant cyber crime related stories in 2017 were about the first global cyber attacks from WannaCry and NotPetya, which for many individuals and organisations, made the cyber threat real. The potential effect of cyber attacks was graphically illustrated by the impact of WannaCry on the NHS and NotPetya on Danish shipping giant Maersk.

Stalking impacts the average person | Naples Florida Weekly

 

From news stories we hear of “fans” stalking celebrities, but this crime mostly affects the average person. The accelerating technology changes make cyber-stalking, a sinister dimension of using the internet to stalk another person, a growing threat. Additionally, stalking technology outpaces legislation, and this crime has always been misunderstood and underreported.

Think back to your youth, what technology was available compared to todays “tools” a stalker can use to commit their crimes?

What does a stalker look like?

There are no profiles of stalkers, but there are warning signs and red flags related to someone’s behavior. A stalker can be anyone and the reasons that people engage in stalking are complex and varied.

PARFITT

PARFITT

Some of the common tactics include physical surveillance, following, showing up at places without a legitimate reason, waiting at places for their

Read more at: https://naples.floridaweekly.com/articles/stalking-impacts-the-average-person/

Report reveals ‘6 personas’ of money launderers – Lawyers Weekly

Security company BAE Systems Applied Intelligence released its report The Invisible Network yesterday.

The report aimed to help businesses, including law firms, understand and combat money laundering, which is worth an estimated US$1 trillion to $2 trillion per year worldwide.

Michelle Weatherhead, head of cyber and financial crime solutions at BAE Systems Applied Intelligence, said money laundering is becoming increasingly complex.

“Money laundering is an elusive and ever-evolving threat,” she said.

“On one hand, the convergence between cyber and financial crime makes it increasingly challenging to identify and mitigate risk. On the other hand, launderers are now moving beyond the banks’ walls, targeting industries such as real estate, legal and accounting to avoid being caught.

“In this context, financial services institutions can’t work in silos anymore.”

BAE Systems has identified six common ‘personas’ or identities that are typically involved in money laundering.

“The source” is the provider of dirty money, and can be a white-collar criminal, cyber criminal

Read more at: https://www.lawyersweekly.com.au/biglaw/22136-report-reveals-6-personas-of-money-launderers

Most UK councils hit by cyber attacks – Computer Weekly

An iGov survey of 38 local government departments has revealed that 76% have experienced a cyber attack and 50% have been hit by a ransomware attack in the past year.

Threats grow in Saudi Arabia’s cyber sector – Computer Weekly

Saudi Arabia is an attractive country for investors and criminals alike. As the world’s largest producer of oil, it has a robust economy with some of the biggest organisations in the region, a large population, strategic geographical location and strong consumer spending power.

But most recently, it is cyber criminals that have taken a particular interest in the country, prompting the government to establish

Read more at: http://www.computerweekly.com/news/450415661/Threats-grow-in-Saudi-Arabias-cyber-sector

UK cyber security workforce up 163% in five years – Computer Weekly

The UK cyber security workforce has grown by 163% in the past five years to 58,000, according to a research report by the Tech Partnership, a network of employers seeking to promote cyber skills.

The report, based on data from information technology job tracking firm IT Jobs

Read more at: http://www.computerweekly.com/news/450412399/UK-cyber-security-workforce-up-163-in-five-years

Lloyds Bank hit by massive DDoS attack – Computer Weekly

An international cyber crime gang has reportedly hit the Lloyds Banking Group with a two-day distributed denial of service (DDoS) attack that brought down online banking services intermittently.The attack was part of a broader DDoS campaign against an unspecified number UK banks two weeks ago that affected only services at Lloyds, Halifax and Bank of Scotland, reports the Financial Times.

TSB, which split from Lloyds in 2013 but still uses the same technology platform, was also hit. Online customers of all affected banks were, at times, unable to check balances or make payments.

The DDoS attacks affected only the availability of services, but no customers suffered any financial loss, according to reports, which said the Lloyds Banking Group had declined to comment.

DDoS attacks typically flood online systems, such as internet banking sites or online trading platforms, with vast amounts of data to overload them and take services offline.

In January 2016,

Read more at: http://www.computerweekly.com/news/450411443/Lloyds-Bank-hit-by-massive-DDoS-attack