The cyber hacking group known as Gold Lowell has been using scan-and exploit tactics to infect and extort victims, collecting over $350k in the process.
It has been revealed that the number of breaches suffered by the financial services sector has tripled over the past five years. The study, conducted by Ponemon found that the average cost of cybercrime for financial services companies globally has increased by more than 40 percent over the past three years, from $12.97 million per firm in 2014 to $18.28 million in 2017 – significantly higher than the average cost of $11.7 million per firm across all industries included in the study.
Microsoft’s telemetry analysis service, Windows Analytics has incorporated a Meltdown and Spectre locator with additional features including antivirus, operating systems updates and firmware services.
Kaspersky Lab researchers have discovered that the popular communications service Telegram is being exploited by Russian cyber-criminals. The exploit is allowing the hackers to remotely install new malware which could be used as a backdoor or as a way to deliver crypto-mining software.