Threats facing financial institutions today

The financial sector has long been heavily targeted by cybercriminals. Over the years, the number of attacks that involved extortion, social engineering, and credential-stealing malware has surged rapidly. This means that financial institutions should strive to familiarize themselves with the threats and the agents behind them.

Five ways to avoid VoIP eavesdropping

Eavesdropping is the intentional act of secretly listening in on a conversation, usually not for the best of intentions. Although today the act also includes VoIP telephone systems, it’s not a recent trend. As exemplified by the SIPtap attacks of 2007 and the Peskyspy trojans of 2009, cybercriminals have had their eye on VoIP ever since it was introduced to the market.

How Fantom is haunting unsuspecting users

It’s hard to deny how quickly the different types of ransomware multiply -- they do so faster than rabbits during mating season. Ransomware vary in appearance, subtlety, and targets. The latest addition to the extensive list of ransomware varieties is Fantom.

Microsoft Office 365 ravaged by ransomware

Picture yourself receiving a phone call from kidnappers saying that they have snatched your only child while demanding a ridiculous amount of money for their safety. Now imagine a similar scenario, but this attack is geared towards Microsoft Office 365 users, complete with a ransom note and an audio message informing victims that their files have already been encrypted.

Risks financial firms face

The financial services industry has long been a heavily targeted sector by cyber criminals. The number of attacks that involved extortion, social-engineering and credential-stealing malware surged in 2015. This means that these institutions should strive to familiarize themselves with the threats and the agents behind them.

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