The US Department of Education released a security advisory on ERP vulnerabilities after 62 institutions were infiltrated, stealing students' IDs to create fake accounts.
A quick review of some of the most destructive cyberattacks and data breaches over the past few years show just how much damage unpatched vulnerabilities can inflict on an organization.
While still in development, cloud solutions are beginning to address their customers' needs for improving online security, complying with regulations, scaling up operations, and exploring new business opportunities.
The total amount cybercriminals attempted to steal via business email compromise (BEC) scams rose to an alarming average of US$301 million per month — a substantial increase from the US$110 million monthly average that was tracked in 2016.
The GandCrab gang might be back to their old tricks. Various security researchers reported that the group might be responsible for releasing a more advanced ransomware variant called Sodinokibi.
New mobile malware Agent Smith targets Android devices to install malicious versions of popular apps. The malware displays fraudulent ads for the attackers' financial gain but can be further used for bigger attacks. Google has removed the malicious apps.
A newly uncovered ransomware family was found targeting QNAP network-attached storage (NAS) devices. Named eCh0raix, the malware was reportedly designed for targeted ransomware attacks.