Giant Group Suffers Ransomware, Contractors Left Unpaid

BACKGROUND: Giant Group has admitted its computer systems which pay thousands of umbrella company contractors each week have been hacked. The contractors were informed of the compromise on 22nd of September and all affected systems were taken offline. It is suspected it is a ransomware attack since both Giant Umbrella and Giant Accounts portals are […]

Bot-based Services Are Phishing Passwords – Expert Comments

BACKGROUND: Brian Krebs reported today about cybercrime services that help attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. These bot-based services that make it relatively easy for crooks to phish OTPs from targets.

New Android Malware Steals Millions After Infecting 10M Phones

BACKGROUND: In response to reports that a malware campaign has infected more than 10 million Android devices from over 70 countries and likely stole hundreds of millions from its victims by subscribing to paid services without their knowledge, experts at cybersecurity firms Cerberus Sentinel and RiskLens offer the following comments. 

WatchGuard Threat Lab Reports 91.5% Of Malware Arriving Over Encrypted Connections

Cybersecurity Market report

New research also shows dramatic increases in fileless malware, malware detections per appliance and booming network and ransomware attacks The latest quarterly Internet Security Report from the WatchGuard Threat Lab released today shows an astonishing 91.5% of malware arriving over HTTPS-encrypted connections during Q2 2021. This is a dramatic increase over the previous quarter and means […]