Cybercrime

  • The Brazilian government has taken proactive steps in an effort to combat the increasing problem the nation faces in relation to cybercrime - by entering into a collaborative partnership with Europol. Brazil has encountered significant problems with cybercrime from both an international and regional perspective. However, officials have expressed confidence that the partnership agreement with Europol will alleviate and significantly reduce cyber-attacks.

  • The cybersecurity market in Latin America has been projected to almost double in size. Analysts have predicted that the sector which was estimated at $6.19bn will grow to $13.49bn by 2022.

  • Large digital security breaches are a common occurrence in the corporate world today. The latest breach, experienced by consumer credit reporting agency Equifax, follows a trend of troubling hacks that have played out across the globe this year. It seems adversaries will stop at nothing to evolve their threats, move with even more speed, and find new ways to widen their operational space.

  • Dutch politicians are set to enter discussions in relation to a new bill which would enable police to have greater power in their attempts to crackdown on Cybercrime in the country. Senators will meet later this week to discuss plans to implement the proposed bill named 'Computer Crime III' into its legislation as a new law.

  • Kaspersky Lab researchers have detected new malware designed to steal the credentials of online banking customers. Earlier versions of the new malware, called NukeBot, were known to the security industry as TinyNuke, but lacked the features necessary to launch attacks. The latest versions however, are fully operable, and contain code to target the users of specific banks.

  • New and emerging cyber attacks have become a big challenge for many organizations of different sizes. Carbon Black is an organization that is dedicated to cyber security and which leverages the power of big data and analytics to help solve challenges that companies may face. Their newly introduced predictive security cloud platform aims at transforming cybersecurity in order to deliver next-generation cloud-delivered security solutions which could essentially protect organizations from the most advanced threats.

  • The increase of cybercrime and cybersecurity breaches in South Africa have forced government representatives  to introduce new legislation in an attempt to combat against the worrying escalation in  unlawful cyber activity in the country. South Africa has been the predominant target for cybercrime in the African continent, primarily due to its comparatively high levels of internet connectivity in relation to other African nations. Cybersecurity is very much a global issue -the US and Russia are still courting controversy and coverage over the Russia’s alleged influence in the presidential election which resulted in the hacking and release of over 30,000 e-mails sent by Democratic nominee Hilary Clinton.

  • Africa has announced that it will establish its first ever 'Big Data' summer school following the official announcement of a partnership between research organization Square Kilometer Array South Africa (SKA SA) and the South African Medical Research Council. (SAMRC)The continent's first 'Big Data' summer school will be launched in Cape Town.

  • A US-based security start-up has announced that it has developed a 'mind-reading' AI application in a bid to combat the increasing threat posed by cybersecurity breaches. The number of ransomware attacks has occurred frequently in 2017 - with a number of high-profile enterprises and institutions falling foul of the dark arts performed by hackers.

  • Each year, Verizon issues its Data Breach Investigations Report (DBIR), providing a view into the current world of cybercrime. The report discusses what you need to know about the latest threats and tips for how to help protect yourself from becoming a victim of cybercrime.