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The global cyber insurance market is projected to grow by 21% next year, reaching $9.5bn in value, according to new research by insurance firm Finaria.it. This is as a result of greater recognition of the increasing cyber-threat landscape, exacerbated by the shift to remote working this year...

Semperis has announced the appointment of Igor Baikalov as its chief scientist to lead the enterprise identity protection company's research division. In his new role, Baikalov is tasked with developing identity-centric models of cyber-attacks as well as enhancing the cyber-resiliency of hybrid...

The European Court of Human Rights has fallen victim to a cyber-attack after publishing a ruling regarding the fate of an incarcerated Turkish political leader. According to Bloomberg, hackers struck at the Court's website on Tuesday, knocking it offline for approximately 16 hours. The website...

The infamous advanced persistent threat group (APT) Lazarus is behind two recent cyber-attacks that targeted two separate entities related to COVID-19 research. In one attack, a Ministry of Health body was hit with malware. The other incident involved the use of a different kind of malware...

A man from New York City has been charged with waging a grim cyber-stalking campaign against a female college student. Desmond Babloo Singh allegedly created over 100 accounts on social media platforms and email services and used them to harass a former classmate of his sister for whom he...

Dozens of customers of a popular smart doorbell are suing the Amazon-owned manufacturer after their devices were hijacked, according to a new class action lawsuit. The new legal case joins together complaints filed by over 30 users in 15 families who say that their devices were hacked and used...

New spyware has been detected that targets iOS and Android users who patronize illicit sites that typically offer escort services. The malware, named Goontact by the Lookout researchers who discovered it, targets heterosexual users in China, Korea, Japan, Thailand, and Vietnam, stealing...

Exploitation of vulnerabilities within the 5G network architecture could allow Denial of Service (DoS) attacks and for attackers to conduct remote attacks. According to new research from Positive Technologies on the security of the network architecture, interaction of network elements, and...

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Business email compromise (BEC) attacks have surged over the past year-and-a-half, while scams designed to part users with their money remain a persistent phishing threat, according to Barracuda Networks. Volume 5 of the security vendor’s Spear Phishing: Top Threats and Trends report details...

Three million Google Chrome and Microsoft Edge users could be at risk of data theft and phishing after researchers discovered malware hidden in multiple browser extensions. At least 28 third-party extensions were found to contain malicious JavaScript which could download additional malware...

Identity theft experts are warning Facebook users to be on the lookout for a “Christmas bonus” scam which appears to be endorsed by their friends on the social network. Variations on these scams appear to have been circulating on Facebook since at least 2015. Most recently, users are being...

The total cost of ransom payments doubled year-on-year during the first six months of 2020. Based on incidents reported to Beazley’s in-house breach response team, BBR Services, ransomware attacks increased in terms of both severity and costs this year compared to 2019 and have become the...

Nearly two-thirds (64%) of business decision makers expect their company to face a rise in COVID-19 themed phishing attacks in 2021, according to a new study from Centrify. In a survey of 200 business decision makers across large and medium-sized UK enterprises, over half (52%) also said they...

Police in India have arrested 54 people in a raid on an illegal call center that targeted foreign nationals with fraud scams. The Delhi cybercrime unit launched an investigation after receiving intelligence that a large-scale fraud operation was being run from a location in Moti Nagar, New...

An employee at a tech company based in Virginia has been sent to prison for stealing personally identifiable information (PII) from Healthcare.gov customers and exploiting it for profit. Colbi Trent Defiore accessed data belonging to more than 8,000 individuals without authorization while...