Web hosting service charged $10 million in GDPR Penalty

The German Data Protection Regulator, the Federal Commissioner for Data Protection and Information Freedom (BfDI), has imposed a GDPR fine of € 9.55 million ($10.64) on the German telecommunications provider 1&1 Telecom GmbH. This is described as “in the lower range of possible fines,” primarily due to the cooperative response of 1&1 to the investigation

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ColoredLambert malware uses new ways to infect your PC DePriMon downloader

It is assumed that the downloader uses methods not seen in the wild before. A malware downloader was found using new “Port Monitor” methods not detected in active campaigns before. The malicious downloader Dubbed DePriMon is used for the delivery of Lambert malware-the community APT, which is specialized in attacks against European and Middle East

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First Cypriot to be extradited to the United States on charges

A 20-yr-old Cypriot in the United States who was wanted to commit hacking offenses is likely to be the first person in the world to be extradited, his attorney said on Monday. The FBI accuses Joshua Epifaniou of extortion from US firms for thousands of dollars while still a teenager, who is broken into their

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Current Gustuff Mobile Banking Version Trojan Emerges

Gustuff’s recent Android banking campaigns have included an updated malware version, reports Cisco Talos security researchers. Earlier this year, shortly after the software was described, its operators switched delivery hosts, then moved to remove the C&C network, but continued to control the software via a SMS-based secondary management system. The Gustuff now has a smaller

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Functionalities of a Content Delivery Network (CDN)

The Internet infrastructure won’t be complete without content delivery networks (CDNs). However, not many users fully understand what they are and what happens behind the scenes. Often, you may hear people brag about using a CDN or give suggestions on using it without really having any in-depth idea about it. A content delivery network, like

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Giant Ingredion Ingredients Attack Malware

Westchester, Ingredion Incorporated, an Illinois-based ingredient corporation, announced this week that criminal activity has recently been found on certain data center servers. Just a few specifics about the incident have been given, but a piece of malware seems to have compromised some systems of the business. Ingredion says there is no evidence of any compromise

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Hackers Now Use Their Own Admin Tools Against Company Networks

As if the threatscape couldn’t hold any more danger, IT teams must now add their favorite network administration tools as possible backdoor entry points for hackers. Hackers have found a way to abuse LDAP, Kerberos, and NTLM, take over WMI and DCE/RPC, two popular network admin tools, to get admin privileges. After an initial infection

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What’s The Number One Stock In The World Of Cybersecurity?

The cybersecurity industry saw impressive growth last year as corporations scrambled to get their houses in order following a series of serious breaches throughout the year. For example, the economic damage of ransomware attacks (which lock computer screens and demand a ransom) grew to an estimated $5 billion in 2017 from just $325 million in

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Why Cyber Attacks Are Now The Biggest Risk To The World

In the recent World Economic Forum 2018, The Global Risk Report has identified the highest risk on a global level. Experts have determined the possible impact on the geopolitical and economic status of cyber-attacks. It is believed that major attacks may occur in the next five years. Its effect was associated similar to natural disasters

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Bridging the Gap in Cybersecurity Jobs

Cybersecurity education and the current need in the industry has its big gap. There is a need of integrating targeted and specific education with the risk management plan. It is believed that the field in cybersecurity is understaffed and that there is a need of 1 million jobs globally to be filled. New cybersecurity programs

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