Extortion has become the second most often reported type of cybercrime, but BEC/EAC scams still reign supreme when it comes to monetary loss (or criminals’ earnings), the latest IC3 Internet Crime Report has revealed. BEC/AEC scams are the most lucrative In 2017, FBI’s Internet Crime Complaint Center (IC3) reported that the BEC/EAC complaints they dealt with (15,609) came with an approximate $676 million loss. In 2018, the BEC/EAC complaints were 20,373, but the losses reached … More →
Away from the political circus that is Brexit, the European Parliament put into a law a new Cybersecurity Act. Because of the Brexit making all the headlines, this new law may have gone under the radar, but it certainly worth keeping an eye on, even after UK leaves the EU. The EU Parliament has agreed to increase the budget for the ENISA (Network & InfoSec) agency, which will be rebranded as the "EU Agency for Cybersecurity". The Cybersecurity Act will establish an EU wide framework for cyber-security certifications for online services and customer devices to be used within the European Economic Area, and will include IoT devices and critical infrastructure technology. Knowing the EU's love of regulations, I suspect these new best practice framework and associated accreditations to be turned into regulations further down the line, which would impact any tech business operating in European Union. The UK Parliament enacted the "The Health and Social Care (National Data Guardian) Act", which also went under the radar due to all the Brexit political noise.The act requires the appointment of a data guardian within England and Wales. The data guardian will publish guidance on the processing of health and adult social care data for use by public bodies providing health or social care services, and produce an annual report. Chinese telecoms giant Huawei had plenty of negative media coverage throughout December, with UK government pressuring BT into not using Huawei kit within BT's new 5G network, due to a perceived threat to UK's future critical national infrastructure posed by the Chinese stated-backed tech giant. The UK Defence Secretary Gavin Williamson said he had "very deep concerns" about Huawei being involved in new UK mobile network.
Unsecured internet connected printers are being hacked again, this time they were used to sent print out messages of support for Swedish YouTube star PewDiePie. A hacker named TheHackerGiraffe was said to have targeted up 50,000 printers after using Shodan to search for open printer ports online, the scan was said to have found 800,000 vulnerable printers.