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.
The FBI's process for prioritizing cyberthreats is too slow and subjective, hindering its ability to optimize allocation of resources to address these dangers, according to a new report from the DoJ's Office of the Inspector General.
The ransomware PowerWare that commandeers Microsoft's PowerShell utility to download and run malicious code, now has a variant that mirrors Locky ransomware.
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