Tag Archives: cyber theft

Ransomware attacks reach epidemic levels

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Security firm Symantec has revealed that ransomware attacks are growing in number, sophistication and menace. This has resulted in a rise of average demands from just over £200 to around £500 since the start of 2016. “Ransomware has quickly emerged as one of the most dangerous cyberthreats facing both organisations… Read more »

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Malware used to withdraw millions from ATMs

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Gone are the days of elaborate masked bank heists and dramatic getaway chases. Now is the age of the electronic bank heist, cyber attacks which steal millions of dollars quietly and discreetly, and obscure all trails of evidence behind clever coding. But, it appears, a combination of daylight robbery and… Read more »

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Crooks take off with travel agency’s customer details

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A leading Japanese travel agency fears that cyber criminals may have stolen the personal details of nearly 8 million of their customers – including names, home and email addresses and, most worryingly, passport numbers. Using a common phishing scam, the hackers used a targeted email attack to access the agency’s… Read more »

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Cyber theft by Nigerian IT worker

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Police are on the hunt for a Nigerian IT worker based on his alleged role in co-coordinating a £25m ($40m) cyber-theft at a bank in Abuja where he worked. Godswill Oyegwa Uyoyou is being sought by Nigeria’s Economic and Financial Crimes Commission (EFCC). A wanted notice claims he helped conspirators… Read more »

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