Digital currencies and the software developed to track them have become attractive targets for cybercriminals while also creating a lucrative new market for computer-security firms. In less than a decade, hackers have stolen $1.2 billion worth of Bitcoin and rival …
An unusual strain of virus-like hacker software that exploits computer server vulnerabilities – without requiring human interaction – is a leading example of a new generation of “ransomware,” according to a new report by Cisco Systems Inc. Hackers use such …
Ransomware is expected to continue to be an increasing threat in 2016, according to McAfee Labs 2016 Threat Predictions report, issued late last year. The report stated that with “new variants and the success of the “ransomware-as-a-service” business model, we …
Technology will give fraudsters an edge in 2015, but it will also provide new tools for organizations and investigators, according to three experts from the Austin, Texas-based Association of Certified Fraud Examiners (ACFE) who were asked for their top fraud …