Unravelling a financial cyber-attack

A Russian company contacted Kaspersky Lab asking to investigate an incident when more than $130,000 was nearly stolen from its corporate account. The company representatives suspected malware was behind this incident. That suspicion was confirmed in the very first...

Banks can learn from cybercriminals

Cybercrime costs the South African economy R5,8-billion a year and 19% of online banking users have fallen victim to online fraud, up from 10% a year ago, says William Lawrence, regional practice lead: Fraud and Financial Crimes at SAS. Understanding how...

Beware of the man in the middle

The motive for the vast majority of cybercrime is either to steal money or data. These attacks are sometimes small, targeting individuals, or sometimes massive, targeting large enterprises and stealing thousands of users’ details. In the majority of cases, attacks try...

City of London Police focus on cybercrime

Cybercrime plays a huge part in fraud offence numbers today, with seven out of 10 scams now Internet-related, according to the National Fraud Intelligence Bureau. The complex and alien nature of such crimes however, means that they are not only difficult to combat,...

Fighting the new style of cybercrime

The nature of the cybercrime landscape is shifting. No longer are the main threats related to the theft of personal details and financial information – like capturing logon credentials, identity theft and stealing credit card data. Today’s most destructive breaches...