In a global sting, named Operation reWired, authorities in the US and around the world have arrested 281 individuals that were involved in a global Business Email Compromise (BEC) scam. The ring had been under investigation for months, during which they were found to have hijacked email accounts belonging to company executives, impersonated staff and ultimately tricked unsuspecting employees into wiring millions in funds into the group’s accounts.Read more
Just a few years ago, if you asked someone how to create a safe password, most people would all say the same thing: Use a mixture of upper- and lower-case letters, symbols and numbers so that it’s too complex for hackers to guess, and you should be safe.
Fast-forward to 2019, however, and you will find more and more people recommending that you use a ‘passphrase’ instead. But what is a passphrase, and why are experts all recommending we use them instead of the traditional password?
There are two main reasons that passwords are becoming outdated – cyber criminals using increasingly sophisticated tools to crack them, and plain old human error when people create them.Read more
In the latest major security breach to rock the business world, three major US-based antivirus companies have been hit by Russian hacker group Fxmsp. Fxmsp, who are well known in the cyber security community for previous high-profile breaches, began advertising the spoils of their latest venture on the dark web for upwards of $300,000, while providing strong evidence of their claims.Read more
Every year, the number of phishing scams seems to be increasing, with the malware-ridden emails getting continually more sophisticated and convincing. The latest global phishing campaign purporting to be from international courier giants DHL has been tricking users into opening a fake PDF attachment – and subsequently unleashed a previously unseen piece of malware to wreak havoc on their PCs.Read more
Earlier this week, Microsoft made the announcement that Windows 7 would finally be reaching end-of-life; meaning that from January 14th 2020, it will no longer receive free security updates from Microsoft. When Windows XP hit end-of-life in 2014, the floodgates opened for cyber criminals who could now develop malware for the operating system without fear of vulnerabilities being patched, and the same is expected to occur for Windows 7. So, with Windows 7 in use by an estimated 70% of businesses worldwide, what does this mean for them?Read more