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Cybercrime Is Becoming an Increasingly Larger Threat Every Day

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  Cybercrime Is Becoming an Increasingly Larger Threat Every Day The FBI’s Internet Crime Complaint Center (IC3) releases annual reports on cybercrime. The latest report shows that from 2017–2021, the number of Americans who filed a cybercrime complaint rose by 181%, and total losses increased by 393% during the same period. IC3 Complaint Statistics Source:  https://www.hsdl.org/c/2021-internet-crime-report/ It is not just Americans that are seeing a rise in cybercrime—it’s businesses with global operations too.
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Ransomwareas-a-Service

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 Ransomwareas-a-Service  Ransomware-as-a-Service (RaaS) is created for extortion over stolen or encrypted data, known as ransomware. The author of the ransomware makes the software available to customers called affiliates, who use the software to hold people’s data hostage with little technical skill. WannaCry had one of the largest RaaS attack vectors to date, with upwards of 400,000 computers infected across 150 countries. WannaCry infiltrated networks using the EternalBlue vulnerability in Microsoft’s implementation of the Server Message Block (SMB) protocol. A cyberattack exploits originally developed by the U.S. National Security Agency (NSA), they did not alert Microsoft about the vulnerabilities and held on to it for more than five years before the breach forced the agency to come clean about the issue. What you need to know: RaaS is a business model between ransomware operators and affiliates in which affiliates pay to launch ransomware attacks developed by operators. ...
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Phishing

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 Phishing  When it comes to phishing attacks, there are a few that stand out above the rest — like the now-infamous attack on Sony’s network. Hackers executed the attack by sending phishing emails requesting verification for Apple IDs to system engineers, network administrators and other unsuspecting employees with system credentials. The attackers absconded with gigabytes worth of files, which included emails, financial reports, and digital copies of recently released films. On top of that, the malicious actors then infused Sony’s workstation computers with malware that erased the machines’ hard drives. A few weeks later, the FBI formally pointed to the North Korean government as the mastermind behind the attack What you need to know: A phishing attack tricks everyday consumers, users, or employees into clicking on a malicious link, often driving them to a bogus site to provide personally identifiable information such as banking account numbers, credit card information or pas...
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