Eighty-three percent of fraudulent money transfers reported to the FBI as the result of business email compromise scams are wired to banks in China and Hong Kong, CNN reported, following an FBI presentation at the International Conference on Cyber Security.
A robust underground marketplace for the sale of stolen products from compromised accounts as well as shady online services has been detected in Russia.
An analysis of malicious threats tracked by managed security services provider Solutionary reported that ransomware attacks targeting healthcare companies comprised 88 percent of all ransomware attacks.