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Cybercrime continues to grow rapidly; indeed, it is a highly lucrative global industry. Without accurately accounting for profits from cybercrime (1, 2), we are left looking at the staggering estimated cost of US$7.08 trillion in 2022 for reference. Measured in terms of GDP, the illegal proceeds would rank as the third-largest “economy” worldwide. Regardless, this landscape keeps evolving, driven by new tech, further monetization of the internet, new illicit opportunities enabled by the vibrant cybercrime…

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Mobile Security A security compromise so stealthy that it doesn’t even require your interaction? Yes, zero-click attacks require no action from you – but this doesn’t mean you’re left vulnerable. Márk Szabó 11 Dec 2023  •  , 3 min. read In a world of instant communication and accelerated by the ever-spreading notion that if you are not connected or available, you might be the odd one out, messaging has, in many ways, become a crucial…

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We Live Progress ChatGPT would probably say “Definitely not!”, but will we learn any lessons from the rush to regulate IoT in the past? Tony Anscombe 11 Dec 2023  •  , 3 min. read The accelerated pace in the advancement of technology is challenging for any of us to keep up with, especially for public sector policymakers who traditionally follow rather than lead. Last week, the Black Hat Europe conference held in London, provided an…

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Critical Infrastructure Legacy protocols in the healthcare industry present dangers that can make hospitals extremely vulnerable to cyberattacks. Tony Anscombe 08 Dec 2023  •  , 3 min. read The healthcare industry will, I am sure, remain a significant target for cybercriminals due to the huge potential it provides them to monetize their efforts through ransomware demands or by abusing the exfiltrated data of patients. Operational disruption and sensitive data, such as medical records, combined with…

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Video ESET Research reveals details about a growth in the number of deceptive loan apps on Android, their origins and modus operandi 08 Dec 2023 This week, ESET researchers have taken a look at a steep increase in deceptive loan apps for Android. According to ESET Research, there has been a large growth of these apps across unofficial third-party app stores, Google Play, and websites since the beginning of 2023. These apps request various sensitive…

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Magnetic stripe cards were all the rage 20 or so years ago, but their security was fragile, and the requirement for signatures often added to the hassle of transactions – not to mention, they lacked data encryption, making them vulnerable to skimming and cloning by criminals.  Chip-based cards emerged as a successor, offering enhanced security through data encryption. These cards required insertion into payment terminals (POS) and authentication with a PIN, marking a shift toward…

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Since the beginning of 2023, ESET researchers have observed an alarming growth of deceptive Android loan apps, which present themselves as legitimate personal loan services, promising quick and easy access to funds. Despite their attractive appearance, these services are in fact designed to defraud users by offering them high-interest-rate loans endorsed with deceitful descriptions, all while collecting their victims’ personal and financial information to blackmail them, and in the end gain their funds. ESET products…

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Tracking has recently become a big bogeyman. The sheer amount of data that an app or an operating system (OS) can use to identify you and collect your data is enormous, depending on the method of tracking it uses. While it’s clear why manufacturers and sellers desire more data – to tailor their products, enhance efficiency, appeal to consumers, boost sales, and fuel innovation – this often incurs a hidden cost – our privacy. Some…

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