Cybercrime

UK Members of Parliament (MPs) have been targeted by a 60% year-on-year increase in cyber-attacks so far in 2020, according to new data from Parliament Street

https://www.infosecurity-magazine.com/news/mps-bombarded-three-million-email/#.X8D9e3jlADk.twitter

Sophos principal research scientist Chet Wisniewski explains the presence of 'weight classes' in ransomware and offers his thoughts on its future.

https://searchsecurity.techtarget.com/news/252492255/Sophos-Ransomware-heavyweights-demand-sky-high-payments

National Cyber Security Centre issues refreshed guidance as cyber criminals turn their eyes to the holiday shopping season

https://www.computerweekly.com/news/252492517/NCSC-issues-retail-security-alert-ahead-of-Black-Friday-sales

Manchester United’s systems were attacked last week, and the club has been praised for a swift and decisive response

https://www.computerweekly.com/news/252492512/Manchester-United-praised-for-swift-response-to-cyber-attack

CyberUp, a group of campaigners who want to reform the Computer Misuse Act, finds 80% of security professionals are concerned that they may be prosecuted just for doing their jobs

In the most comprehensive transatlantic study of its kind, we find that the approach of both police and policymakers to tackling cybercrime is so inadequate that it is tantamount to surrender. On both sides of the Atlantic, we find no systematic attempt to combat cyber fraud at scale.

https://demos.co.uk/project/the-great-cyber-surrender-how-police-and-governments-abandon-cybercrime-victims/

Japanese game developer Capcom has suffered a ransomware attack where threat actors claim to have stolen 1TB of sensitive data from their corporate networks in the US, Japan, and Canada.

Researchers at Palo Alto’s Unit 42 have confirmed that they have compromised a customer’s AWS cloud account with thousands of workloads using a misconfigured identity and access management (IAM) role.

Most victims of a cyber attack probably consider themselves to be unlucky. This got me thinking... are the majority of cyber attack victims just unlucky or is rising cyber crime a result of something else?

Sophos researchers anticipate a trickle-down effect in the cyber criminal underground