Officials of the United Coconut Planters Bank (UCPB) are set to file charges against the perpetrators of the cyber theft that cost the bank some P167 million in June 2020.
Since May 2019, malicious actors have been deploying the sophisticated Windows ransomware Maze that does not stop at encrypting a private organization’s data, but also steals the same data and threatens to release it to the public and the media if ransom is not paid.
The main function of the CICC, however, is now merely confined to just coordinating anti-cybercrime efforts among law enforcement agencies. Republic Act 10844 — the law that created the DICT — transferred the cybersecurity and anti-cybercrime powers of the CICC and its executive director to the DICT.
In the middle of the pandemic, it was revealed in a recent Kaspersky survey that when it comes to online security, Filipinos are now most concerned about their online activities such as dating and meeting people (86%) as well as their financial transactions (85%) and shopping activities (75%).
A majority of them (62%) also disclosed their unease towards the increasing amount of meetings taking place online.
A recent Kaspersky report titled “State of Industrial Cybersecurity in the Era of Digitalization” has revealed the main barriers that inhibit or delay implementation of industrial cybersecurity projects.
With the increase of time being spent online and the diverse activities being posted on different social media platforms, security firm Kaspersky is reminding parents about the risks of oversharing online.
Researchers from cybersecurity firm Kaspersky have identified a trend where more and more threat actors are executing targeted attacks against Linux-based devices while developing more Linux-focused tools.