Security News

Sharp SIM-Swapping Spike Causes $68M in Losses
2022-02-10 22:13

The attacks, which lead to 2FA defeat and account takeover, have accelerated by several hundred percent in one year, leading to thousands of drained bank accounts. SIM-swapping - the practice of duping mobile carriers into switching a target's phone services to an attacker-controlled phone - is on the rise, the Feds are warning - leading to millions in losses for consumers who found their bank accounts drained and other accounts taken over.

Zerodium Spikes Payout for Zero-Click Outlook Zero-Days
2022-01-28 16:54

Zerodium has jacked up its offering price for Microsoft Outlook zero-day exploits. "We are temporarily increasing our payout for Microsoft Outlook RCEs from $250,000 to $400,000. We are looking for zero-click exploits leading to remote code execution when receiving/downloading emails in Outlook, without requiring any user interaction such as reading the malicious email message or opening an attachment. Exploits relying on opening/reading an email may be acquired for a lower reward." -Zerodium.

Spike in brand abuse attacks, 3-D Secure transaction volume rising
2022-01-24 05:30

Outseer has published its latest quarterly Fraud & Payments report, confirming a troubling and massive spike in worldwide brand abuse attacks. According to the report, brand abuse attacks have continued to dominate fraud actor tactics, growing 274% in Q3 2021 annually and comprising 45% of all attacks detected and investigated.

Cyber-Spike: Orgs Suffer 925 Attacks per Week, an All-Time High
2022-01-10 16:29

With millions of Log4j-targeted attacks clocking in per hour since the flaw's discovery last month, there's been a record-breaking peak of 925 cyberattacks a week per organization, globally. The number comes out of a Monday report from Check Point Research, which found Log4Shell attacks to be a major contributor to a 50-percent increase year-over-year in overall attacks per week on corporate networks for 2021.

Walmart press release hoax causes Litecoin to spike 34%
2021-09-13 15:35

A fake Walmart press release stating that the retail chain would begin accepting Litecoin caused the cryptocurrency to jump by almost 35% this morning. The fake Walmart press release [archive] was released this morning at 9:30 AM and included made-up quotes from Walmart's CEO Doug McMillon and Litecoin creator Charlie Lee about the partnership.

FBI: Spike in sextortion attacks cost victims $8 million this year
2021-09-03 11:36

The FBI Internet Crime Complaint Center has warned of a massive increase in sextortion complaints since the start of 2021, resulting in total financial losses of more than $8 million until the end of July. The federal agency received over 16,000 sextortion complaints until July 31, almost half of them coming from victims in the 20-39 age group.

FBI: Sextortion complaints spike leads to $8 million in losses
2021-09-03 11:36

The FBI Internet Crime Complaint Center has warned of a massive increase in sextortion complaints since the start of 2021, resulting in total financial losses of more than $8 million until the end of July. The federal agency received over 16,000 sextortion complaints until July 31, almost half of them coming from victims in the 20-39 age group.

Spike in “Chain Gang” Destructive Attacks on ATMs
2021-07-09 19:31

The Texas Bankers Association documented at least 139 chain gang attacks against Texas financial institutions in the year ending November 2020. Santor said the chain gang attacks have spread to other states, and that in the year ending June 2021 Travelers saw a 257 percent increase in the number of insurance claims related to ATM smash-and-grabs.

LogDNA Spike Protection gives organizations control over fluctuations in data and spend
2021-06-24 02:00

LogDNA unveiled Spike Protection to give companies more control over fluctuations in their data and spend. LogDNA Spike Protection gives DevOps teams the necessary tools to understand and manage increases through Index Rate Alerting and Usage Quotas.

QR Codes Offer Easy Cyberattack Avenues as Usage Spikes
2021-04-21 19:39

"Early in the pandemic, restaurants were using QR codes as menus or payment options, but as the pandemic continued throughout 2020, consumers used QR codes more frequently for practical things like visiting a doctor's office or picking up a prescription," according to Ivanti's report, issued on Wednesday. "Meanwhile, social activities like dining out or enjoying a drink at a bar saw QR code usage decrease in that six-month period. Even offices and places of work saw an increase in usage going from 11 percent to 14 percent, emphasizing the shift in how QR codes have been used during the pandemic."