The Latest in IT Security

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The sting of mobile ransomware grew more painful in 2017 with attacks increasing a whopping 3.5 times in the first quarter compared to the same time a year ago. Behind those attacks were a quarter million Trojan installation packages targeting Android devices that sought to extort between $100 to $500 from victims. German smartphone users […]

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NEW YORK–The economics of cybersecurity are skewed in favor of attackers, who invest once and can launch thousands of attacks with a piece of malware or exploit kit. That’s why Neal Ziring, technical director for the NSA’s Capabilities Directorate, wants to flip the financial equation on bad guys. “We need to conduct defenses in a […]

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NEW YORK–The global average cost of a data breach last year dropped 11.4 percent from 2015 to $3.6 million. The reduction is attributed mostly to a strong U.S. dollar, with wins also offset by a 1.8 percent increase in the size of breaches in 2016. The numbers come from Peter Allor, senior cyber security strategist, […]

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University College London, one of the U.K.’s prestigious public research universities, has closed off access to personal and shared drives after a ransomware attack was detected late Wednesday afternoon. University officials said this morning that this was a web-based infection, reversing claims made in the early hours of the attack that the ransomware was executed via a phishing email attachment.

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TUESDAY, JUNE 27, 2017

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