The cybercrime economy is one of the runaway success stories of the 21st century — at least, for those who participate in it. Estimates claim it could be worth over $1trillion annually, more than the GDP of many countries. Part of that success is due to its ability to evolve and shift as the threat landscape changes. Trend Micro has been profiling the underground cybercrime community for several years. And over the past five, we’ve seen a major shift to new platforms, communications channels, products and services, as trust on the dark web erodes and new market demands emerge.Continue reading
Cyber-criminals are always looking for new opportunities to make money and steal data. Globally trending events are a tried-and-tested way of doing just this, and they don’t come much bigger than the current Covid-19 pandemic. It’s sparking a wave of phishing, BEC, extortion, ransomware and data breach attempts. And as increasing numbers of global workers are sent home, new opportunities are opening up to compromise video conferencing apps.Continue reading
Summer travel should be a respite from work, when you relax and don’t have to worry about business. And your mobile devices can help make it easier, whether it’s booking a flight or a hotel room, ordering a cab or an Uber driver, browsing websites for your next destination, connecting to family via voice or messaging, even purchasing items in a checkout line or withdrawing cash from an ATM. Continue reading
Ransomware is everywhere. The number of emails containing ransomware rose 6,000 percent since 2015. In 2016, 40 percent of all spam emails had one of these malicious programs hidden within, according to IBM. Other reports highlight the sophistication of ransomware nowadays and it’s financial impact on organizations that that become victims. In short, it’s all bad news. Or not?