Sophos has found a resurgence of fake alerts, called scareware or malvertising, that lure users into thinking their need technical support and then buying fake apps or fleeceware off a mobile app store.
The report from cloud security firm CrowdStrike also said it observed an increase in electronic crime activity – up by more than 330 percent since the start of 2020, as compared to the same period in 2019.
The cyber theft, which was first reported by local finance website bilyonaryo.com, occurred during the Independence Day weekend this year. Hackers were said to have used a combination of ATM withdrawals and online transfers to undertake the heist.
Online security tops the charts as the most important factor for millennials looking to find their “Digital Comfort Zones” at home, despite the fact that over a third of them (37%) think they’re boring to be the victim of cybercrime, a new study by Kaspersky showed.
Malicious mining, also known as cryptojacking, happens when cybercriminals install a malicious program on the target computer or by means of fileless malware without the user’s knowledge.
98% of respondents from the Philippines said they observe the practice of reporting data breaches to authorities, which is done in compliance with guidelines set by the National Privacy Commission (NPC).
According to a new cloud survey from cybersecurity Sophos, organizations in the Philippines experienced a public cloud security incident in the last year – including ransomware and other malware (77%), exposed data (40%), compromised accounts (40%), and cryptojacking (16%).
A new security study commissioned by IBM has found that while business organizations have slowly improved their ability to plan for and respond to cyber attacks over the past five years, their ability to contain an attack has declined by 13% during the same period.