This is because on most cryptocurrencies, once transactions are done they can not be refunded as well as due to the pseudonymous nature of the most digital currencies, which makes it
easier for cybercriminals to get away with their crimes.
Whether via phishing (tricking someone into providing their financial account information — often via an attachment in an email or a fake website that purports to sell or give away tickets), an ATM skimmer (which reads and records the card's information, including password) or point - of - sale malware (like that used in the 2013 Target breach), it's not
hard for cybercriminals to trick the unsuspecting.
Unfortunately, the technology used to launch ransomware attacks is only getting better at infecting computers and holding them
ransom for cybercriminals.
UBTech's Alpha series home robots did not encrypt sensitive information they captured before storing or transmitting it, opening an
avenue for cybercriminals to potentially steal important personal information, IOActive said.
During what are expected to be record - breaking shopping sprees on Black Friday and Cyber Monday, cyber security experts are warning that the shopping frenzy could provide the perfect
cover for cybercriminals.
User error is one of the simplest
ways for cybercriminals to work their way into an organization's IT infrastructure.
«Now, ransomware is a fully established business model and a reliable profit
engine for cybercriminals, as threat actors involved treat it as a legitimate industry by selling information, tools and resources to peers based all around the world.»
Chris Petersen, CTO and co-founder of LogRhythm, a security intelligence company in Boulder, Colorado, said: «The barrier to
entry for cybercriminals continues to decrease, and personal health information can trade at a premium on the black market.
Malicious actors are increasingly sophisticated and vulnerabilities in new media and the Internet of Things are opening the door to additional attack
vectors for these cybercriminals.
With excessive access scopes asking permission to create, delete, store or externalize all documents, calendars, or contacts of an employee, connected third - party cloud apps introduce millions of backdoors into corporate environments all of which can easily be exploited as potential
gateways for cybercriminals.
In addition, for the information a firm does retain, a strong data retention policy can ensure that information that is no longer needed for any immediate work is archived to a location where it is only accessible to a few select users, making it more
difficult for a cybercriminal to access it.
In a new study, researchers from intelligence firm Flashpoint have discovered that Skype is the number one communication
channel for cybercriminals worldwide, edging out competitors like WhatsApp, Telegram and ICQ.
Even with the slump in the price of bitcoin and other cryptocurrencies, digital assets remain a
hotcake for cybercriminals and bad actors.
Apple's Mac OS platforms: Once thought to be fairly immune to threats, Apple products will likely be a
focus for cybercriminals in the new year, according to McAfee.
Social media sites with URL - shortening services: «The use of abbreviated URLs on sites like Twitter makes it
easy for cybercriminals to mask and direct users to malicious Web sites,» according to the report.
Two - factor authentication is a supplement to a digital password that, when used properly, makes it
harder for a cybercriminal to access a compromised account.
Smartphones are lucrative targets
for cybercriminals and keeping them true might not be as easy as we hoped
You don't have to use online banking to become a target
for cybercriminals — in fact, using online banking can help you detect unauthorized activity.
They are a very soft target
for cybercriminals.»
Areas of our critical infrastructure such as energy, nuclear, water, aviation, and critical manufacturing have vulnerabilities that make them a target
for cybercriminals and even a state - sponsored attack.
The ROI of «cryptojacking» has never been higher, making bitcoin and other cryptocurrencies a more attractive target
for cybercriminals.
That can be beneficial if your own computer gets hacked or its hard drive dies, but it also makes exchanges prime targets
for cybercriminals.
The ROI of «cryptojacking» has never been higher, making bitcoin and other cryptocurrencies a more attractive target
for cybercriminals.