The health insurance industry in the US is now facing an increased risk of cyber threat attacks due to the rise of sophisticated exploitative techniques being used and developed by cybercriminals and fraudsters. This is due to the expansion of industries towards online digitization in conducting transactions, billing, and client records. Health insurers or related...Continue Reading
The number of cyberattacks against ICS SCADA (Industrial Control Systems Supervisory Control and Data Acquisition) system products used by industrial organizations worldwide has rapidly increased. Hence, many cybersecurity firms and whitehat hackers highlighted the risks of attack that target OT (Operational Technology) network used in utilities. Among the most significant cyber-attack against industrial organizations...Continue Reading
According to the Federal Bureau of Investigation or FBI, complaints concerning online scams and investment fraud now reached a record-breaking level. The FBI’s Internet Crime Complaint Center or IC3 channel have received more than six million complaints filed related to cybercrime last May 15, 2021. The first one million complaints reports took 7 seven...Continue Reading
Cybercrime (CC) has never been projected as high as last fiscal year compared to the previous years. Historical data confirms the enormous leap of numbers on reported cases in various types of attack known by the cybersecurity experts. Incidents of repurposed tactics, newer and more lethal approach of adversaries were recorded complimenting the uprising cases...Continue Reading
Almost 40% of telecommunication consumers have lost money to phone scams and frauds during the previous year based on a recent research report conducted by a Hiya, a telecommunication platform. It is now more than ever that consumers and organizations rely on using voice calls to process transactions with voice network traffic rising 184% in...Continue Reading
Technology advancement is considered the most significant breakthrough in every institution, business, and alike. Having such elevation gives an edge to every sector that promised faster and reliable services that ease people’s lives of the burden of manual work. We are in a period heavily dependent on the comfort of these technologies but always have...Continue Reading
Cybercrime has significantly increased every year, which is directly proportional to the growth of technology. Factors attributed to this increase could be summed up due to the perpetrators’ persistent behaviour through new tactics like using Covid19 as theme and sophisticated applications. Cybercriminals are being backed up by governments and the victim’s open vulnerability. Different sectors...Continue Reading
Bismuth adversaries that are often allegedly linked to OceanLotus or APT32 again resurfaced after the cybersecurity experts connected them to recent unravelled intrusion happened to different organization in France and Vietnam. The group has been known since 2012, is used primarily for cyber espionage of a well-known country for intel gathering. With the usual approach,...Continue Reading
Three Nigerian nationals that are ostensibly pointed out as the Threat actors behind a malware distribution for phishing and other scams worldwide lead the joint force of INTERPOL, Nigeria Police Force cybercrime investigation, and Group-IB for their Operation Falcon in Lagos, Nigeria. There were reportedly 50,000 victims that were identified in an enormous Global Scam...Continue Reading
With the United States on the hot plate with its current election, recent QBot attacks have also been observed working its dreaded activity simultaneously. Cybersecurity experts have submitted their malware analysis report containing evidence of infected attachment with the subject of the 2020 Election of the most powerful nation in the world. Based on the...Continue Reading
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