Ponemon study shows costs of cybercrime still rising – each attack now costs $1 million

The costs of cybercrime have continued to rise for victims, for the fourth consecutive year, according to a survey conducted by the Ponemon Institute. Each cyberattack now costs companies nearly $1 million to resolve, on average – and the annualized cost to a sample of U.S. organizations was $11.56 million.

Android users to get Apple-baiting fingerprint protection “by next year”

Apple’s fingerprint sensor has drawn a huge amount of attention (and hack attempts) ever since it launched on iPhone 5S – but it seems Android users will get their own fingerprint protection shortly.

Waking Shark: Banks to face biggest cyber war game ever in UK

A cyber “war game” will test Britain’s financial system to its limits in a virtual attack which will test the defenses of banks, markets and payments systems against a simulated “major” attack by cybercriminals.

Who goes there? Voice-recognizing biometrics are set to take off, claims Nuance exec

The human voice can be used as a secure, quick way to identify people, claims Bretislav Beranek of voice-recognition software company Nuance. Beranek claims that voice ID is gaining ground – and could even be used to authenticate users for credit cards.

Skorpion smartphone charger lights up if your phone contains malware

Plugging your smartphone in to charge up could soon offer an alert that you’ve contracted malware – with a new charger that lights up when it detects malicious software. For businesses, it could be a “last line of defense” against employees bringing infected devices to work.

Internet Explorer vulnerability will finally be patched on Tuesday after “months” of attacks

Internet Explorer users will be a great deal safer from Tuesday onwards, after Microsoft announced a patch for a vulnerability that has been exploited by attackers “for months” according to some reports.

Acrobat in hands of hackers, millions of customer details stolen, as Adobe admits to “unprecedented” breach

Adobe Systems, makers of popular software such as Acrobat, admitted on Thursday that hackers had penetrated its systems and stolen source code for its Acrobat software, used to make and read PDF files. Adobe also admitted hackers had stolen data on 2.9 million customers.

Grim warning for bounty hunters – Yahoo pays out paltry $12.50 per vulnerability

Finding vulnerabilities can be a profitable business – even if you work for the right side of the law. Last month, Facebook paid out $12,500 to a researcher for finding a bug – this month, Yahoo! paid out … $12.50.

Here be dragons: Explorer “in dangerous territory” after public IE exploit release?

An exploit for a vulnerability which affects all versions of Microsoft’s Internet Explorer has been released as a module for the popular penetration testing tool Metasploit – sparking fears of a new wave of attacks.

Getting warmer? New Hotspot 2.0 “could offer safer public Wi-Fi”

Logging into public Wi-Fi hotspots can be risky, particularly for business users with sensitive data on their devices – but a new breed of hi-tech hotspots may make things safer, the Wi-Fi Alliance claims.

Loose lips sink ships: Apple’s voice assistant Siri lets ANYONE in – again

An Israeli security researcher has found another way round Apple’s Fingerprint ID security system – this time via a two-step lock-screen glitch which works with the new iOS update 7.0.2.

“One click, then boom”: Spear-phishing could “black out” energy companies, expert warns

Spear-phishing attacks on energy companies are becoming increasingly sophisticated, an expert has warned – and all it takes is one lucky strike to cause devastating damage to the power grid, or to companies which supply oil and gas.

New British Cyber defense force will protect industry – and “if needed, strike in cyberspace”

A new cyber defense force is being set up in the UK to protect critical private and government computer networks from attack – “if necessary, to strike in cyberspace,” Britain’s Defense Secretary Philip Hammond has said.

Spear-phishing is “super-strain” of bacteria threatening business, investor warns

Spear-phishing is creating a new era of cybercrime, according to Chris Dixon, a partner at venture capital firm Andreesen Horowitz – and in terms of its threat to enterprise, it’s comparable to a “super strain of bacteria.”

Walk this way! Forget fingerprints – could our daily habits be the passwords of the future?

One day, your smartphone might “recognise” you by the way you walk, the way your fingers tap on a touchscreen – or even simply where you go during the day. Habits such as your walk can be as distinctive as a fingerprint, researchers claim.

Help for the little guys: Small businesses offered “cyber insurance” – starting at $800

Small businesses will be able to buy “cyber assurance” packages to protect against possible losses from cyber attacks – with a British insurance firm offering packages starting at £500 ($800).

Millions of ID records on sale as five big data firms hacked “for months”

An “identity theft service” which specialises in selling personal details gained access to some of the biggest consumer data firms, including Lexis Nexis and Kroll – and has had access to their computer systems “for months”. Stars such as Beyonce (pictured) had personal details leaked.

Win32/Napolar – A new bot on the block

There is a new bot on the block. ESET identifies it as Win32/Napolar while its author calls it solarbot. This piece of malware came to our attention mid-August because of its interesting anti-debugging and code injection techniques.

“I was invited to their friend’s wedding!” Recycled Yahoo! IDs leak VERY private information

Yahoo! recently began recycling “inactive” user accounts, in an effort to woo new customers – but some customers who have acquired these “second-hand” email addresses say they are receiving a “bonus” of personal information relating to the old owners.

Future cyber attacks could attack medical implants – or wage “psychological war” in virtual reality, Europol warns

New hi-tech cyber attacks could threaten energy supplies, “wearable” computers – and even medical implants, according to a study conducted by Europol’s European Cybercrime Centre (EC3) and the International Cyber Security Protection Alliance (ICSPA).

Follow Us

Automatically receive new posts via email:

Delivered by FeedBurner

ESET Virus Radar

Archives

Select month
our experts

Rob Waugh

Lysa Myers

Graham Cluley

Jean-Ian Boutin

David Harley

Stephen Cobb

Olivier Bilodeau

Aryeh Goretsky

Benjamin Vanheuverzwijn

Pierre-Marc Bureau

Righard Zwienenberg

Robert Lipovsky

Guest Writer

Cameron Camp

Marc-Etienne M.Léveillé

Joan Calvet

Pablo Ramos

Andrew Lee

Sebastián Bortnik

Copyright © 2014 ESET, All Rights Reserved.