Norfund, the Norwegian state-owned investment fund for developing countries, has revealed that it has been swindled out of US $10,000,000 (approximately 100 million Norwegian Krona) intended for an institution in Cambodia.
A critical vulnerability has been patched in the Microsoft Teams work collaboration platform after security researchers discovered a way in which hackers could compromise accounts and steal data with something as seemingly harmless as an animated .GIF image.
In the last few days it has come to light that blender manufacturer NutriBullet and guitar tuition website Truefire fell foul of hackers who planted Magecart-style malicious code on their sites which went undetected for months, stealing the credit card details and personal information from users.
More and more businesses are falling victim to Business Email Compromise, where scammers fool companies into transferring money into the bank accounts of criminals.
Earlier this week, police in Japan launched what was described as a "three day public-private cybersecurity exercise" focusing on the risks faced by teleworkers.
Anyone who has been following security trends in recent years cannot fail to have noticed the preponderance of data breaches which have stemmed from unsecured Amazon S3 buckets.
When computer users and businesses ask me for a single step they could take to dramatically enhance their security it's easy to answer: enable multi-factor authentication.
We all know that Business Email Compromise (BEC) is one of the most dangerous IT threats facing organisations today.
AIG, one of the largest insurance companies in the world, has issued a report which reveals that there is a new leader in the list of top threats causing losses for businesses.
The Financial Crimes Enforcement Network (FinCEN), part of the US Department of the Treasury, has released an alert to financial institutions that fraudsters are attempting to steal much more money through Business Email Compromise than previously believed.
With 180 million active users it's no wonder that Microsoft Office 365 has caught the attention of online criminals.
