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Online anonymity has allowed cyber crime to thrive

Online anonymity is a complicated topic. There’s no doubt that the elasticity it gives our identities is a massive benefit. We can explore different sides of our personality without affecting the reputation of any other part of us. Unfortunately, that’s also proven to bring out the worst in some of us, with people committing acts online that they would never do in person. Cyber bullying and mob … [Read more...]

Why you need to report cyber attacks

Once you’ve been hit by a cyber attack, the damage has already been done. There’s no way to make the disruption disappear, so you might suppose it’s best to just get on with things. Reporting the incident to your supervisory authority means extra work and could cause a PR nightmare. Nonetheless, it’s essential that you notify relevant parties of the breach. The attacker is a criminal, and it’s … [Read more...]

Police arrest criminal hacker who stole €1 billion from banks

Spanish police have arrested a Ukrainian criminal hacker who is suspected of heading a gang that stole more than €1 billion from banks around the world. The suspect, who hasn’t been named, used Anunak, Carbanak and Cobalt malware to hack into banks’ computers and manipulate money transfers. Twenty members of the suspect’s gang were also apprehended in a series of arrests across Romania and … [Read more...]

6 reasons why software is becoming more vulnerable to cyber attacks

“Is today’s software more vulnerable?” asks the European Union Agency for Network and Information Security (ENISA). This question was posed shortly after researchers uncovered potentially industry-wide vulnerabilities in 4G LTE protocol, an incident that is far from exceptional. The National Vulnerability Database and the Common Vulnerabilities and Exposures database both recorded more than 6,000 … [Read more...]