Cybercrime Week in Review 13 June 2015

 Cybercrime Week in Review 13 June 2015

PhishLabs Launches the First Spear Phishing Protection Service (PhishLabs)
PhishLabs, the leading provider of 24/7 cybersecurity services that protect against the exploitation of people, announced today at the Gartner Security and Risk Management Summit 2015 the launch of its new, groundbreaking Spear Phishing Protection service.

Firms Take Over 100 Days to Contain Breaches (InfoSecurity)
Most organizations appear to be getting no better at detecting and containing data breaches, with the average company still taking over 100 days to completely wipe all traces of its attackers from systems, according to Trustwave.

49 suspected members of cybercriminal group arrested in Europe (Help Net Security)
Yesterday, a joint international operation led to the dismantling of a group of cybercriminals active in Italy, Spain, Poland, the United Kingdom, Belgium and Georgia, who are suspected of committing financial fraud involving email account intrusions.

SC Congress Toronto: DDoS trends show SaaS apps, home routers increasingly targeted (SC Magazine)
At SC Congress Toronto, Dave Lewis, global security advocate at Akamai, highlighted distributed denial-of-service (DDoS) attack trends that the security firm has seen over the past year, including saboteurs’ penchant for targeting unsecured devices, like routers, to further their campaigns.

A Moderate June Patch Tuesday with a critical update to IE (Computer World)
Historically, the Microsoft patch cycle for June has been quite light and this Patch Tuesday is no exception with two critical and six important updates.

Breach at Winery Card Processor Missing Link (KrebsonSecurity)
Missing Link Networks Inc., a credit card processor and point-of-sale vendor that serves a number of wineries in Northern California and elsewhere, disclosed today that a breach of its networks exposed card data for transactions it processed in the month of April 2015.

Phishing Campaigns Harder to Mitigate APWG Says Top-Level Domains Fuel Spoofed Websites (Bank Info Security)
The emergence of top-level domains, such as .bank, has fuelled an uptick in spoofed websites being used to wage targeted phishing attacks, says Dave Jevans, co-founder and chairman of the Anti-Phishing Working Group, a global organization that monitors phishing.

UK Firms Face £34bn Bill from Cyber-Attacks griddle (InfoSecurity)
Cyber-attacks cost UK businesses over £34bn each year according to a new study from a leading economic analyst. The report also reveals that many CTOs believe the government is not doing enough to help them.

Vintage Ask toolbar is malware – and we’ll kill Jeeves, says Microsoft (The Register)
Older versions of the Ask toolbar, the bane of many a computer user over the years, has been declared persona non grata by Microsoft, and Redmond says its security software will now kill it on sight.

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