Businesses in North America are expected to lose $210 million this year to corporate bank account takeovers, according to a new report from financial research and consulting firm Aite Group. The report, “Banks and Business in the Crosshairs: Cybercrime and Its Impact,” estimates that losses from these seizures, by which hackers gain control of online bank accounts to make unauthorized transfers, will grow to $371 million by 2015. Moreover, the number of new, unique strains of malware released each year is expected to increase – from 25 million by the close of 2011 to 87 million by the end of 2015.
This week in the Security News: When you just wanna hurl, malicious containers, FCC bans stuff, these are not the CVE's you're looking for, Linux password mining, mind the gap, hacking smart watches, & more!
Novel DuckLogs malware-as-a-service detailed More than 6,000 victims have been compromised by the new DuckLogs malware-as-a-service operation, whose platform is being leveraged by over 2,000 cybercriminals, according to BleepingComputer.