Cyber crime costs the world almost US$600 billion a year: Report

Cyber crime may now cost the world almost $600 billion USD a year, up from $445 billion USD three years ago. That estimate comes from the latest Economic Impact of Cybercrime report by

One-third of Canadians have been a victim of cybercrime, says Accenture survey

Correction: An earlier version of this story stated that almost two-thirds of Canadians have been the victim of cybercrime. Accenture has since corrected this statistic to one-third of Canadians. It’s no secret that

Internet of Everything opens new attack vectors for cybercriminals: Cisco

The digital economy and the Internet of Everything (IoE) are inspiring new attack vectors and monetization schemes for cybercriminals that organizations will need to defend against, according to a new report from networking

File sharing apps full of security flaws – even from Apple App Store

A file sharing application may be a quick and handy way to get a file from point A to point B – but it may also be riddled with gaping security holes, according

8 Toronto cyber-security experts you should know

McAfee report outlines evolving threat landscape

Security vendor McAfee released its McAfee Threats Report: Fourth Quarter 2012 this week, reporting that sophisticated attacks originally targeting the financial services industry are now hitting other critical sectors of the economy. “We

Ontario service kiosks shut down

ServiceOntario has notified police authorities and is investigating a reported security breach of its service kiosks. The Ontario government has temporarily shut down all its kiosks across the province  following the discovery of

Montreal telemarketer facing fraud charges just keeps on calling

A Montreal-based telemarketing firm accused of defrauding thousands of small businesses is still sending out telephone calls despite facing several criminal charges, according to reports.Express Transaction Services Inc. (ETS) and some affiliated companies

Video Rewind: How to recognize fake security software

Fake software and bogus antivirus tools are a multi-million dollar industry that continues to wreak havoc on consumers and businesses around the world. Even Apple, which used to enjoy the reputation of having

Beware of ‘card-trapping’ at ATM machines

Criminals are embracing methods to trap debit and credit cards in automated teller machines (ATMs) for retrieval later, a move believed to be motivated by better security measures designed to ensure card details

Cyber criminals get more aggressive with social engineering tactics

by Matt Sergeant Cyber criminals are more aggressive with their social engineering tactics as evidenced in the September 2011 Symantec Intelligence Report. This month, roughly 72 per cent of all e-mail-borne malware contained

6 weird malware tricks hackers use to bypass security

The mobile malware deluge everybody has been warning about may not be upon us – yet. But a couple of security experts say this should not lull businesses into a false sense of

Sophisticated polymorphic malware is on the rise

By Paul Wood Recent research from the July 2011 Symantec Intelligence Report found cyber criminals are more aggressive than ever before when it comes to spreading malware over e-mail using more sophisticated polymorphic

Spammers abusing domain parking services on a massive scale

By Nick Johnston Domain parking, the act of registering an Internet domain name without placing any content on the website, is a common practice for a business website in the pre-launch stage. These