Cybercrime

At least one server used by an app for parents to monitor their teenagers' phone activity has leaked tens of thousands of accounts of both parents and children.

https://www.zdnet.com/article/teen-phone-monitoring-app-leaks-thousands-of-users-data/

Cyber criminals attacking the finance and other industry sector are continuing to exploit legitimate administration tools to hide their activities

https://www.computerweekly.com/news/252441664/Legit-tools-exploited-in-bank-heists

A year after the global WannaCry attacks, the EternalBlue exploit that was a key enabler for the malware is still a threat to many organisations, and many UK firms have not taken action

https://www.computerweekly.com/news/252440964/WannaCrys-EternalBlue-exploit-still-a-threat

European digital businesses were hit with 80 million fraud attempts, as they experienced more pronounced spikes of peak attack periods throughout Q1 2018 compared to previous years.

https://www.thepaypers.com/digital-identity-security-online-fraud/europe-hit-with-a-30-percent-increase-in-cyberattacks-threatmetrix-reports/773196-26

Digital laundering funds terror and will ‘double by 2020’ – and the UN’s anti-crime chief says it must be tackled

https://www.theguardian.com/technology/2018/may/17/cyberlaundering-funds-terror-internet-fake-transactions-cashless-society

Detective Inspector Emma Wright, head of West Mercia Police’s economic crime unit, and lead for cyber-crime prevention, said: “Online safety and security is equally as important as personal safety and home security.

https://www.shropshirestar.com/news/crime/2018/05/14/west-mercia-revealed-as-cyber-crime-hotspot/

It's important to proactively secure your social media accounts, especially since you never know when an innocuous mistake could put you at risk.

https://www.wired.com/story/keep-hackers-out-of-facebook-and-twitter-accounts/

The Gandcrab ransomware has been a moving target. Since it was discovered in January, it has become one of the most widely distributed file-encrypting malware programs.

He ordered a Bluetooth headset on Google Shopping, but it never arrived. So, says a report, his colleagues tapped tech to tighten the screws on 5,000 bogus accounts.

https://www.cnet.com/news/google-used-machine-learning-to-crack-down-on-fraud-on-its-shopping-site/

In 2016, hackers were able to use 100,000 internet-connected devices to bring down Twitter, Spotify and PayPal

https://www.computerweekly.com/opinion/Hacking-the-Internet-of-Things-just-got-easier-its-time-to-look-at-your-security