WannaCry Helps Push Cyber-Crime Attacks to New Heights in 2Q17

WannaCry Helps Push Cyber-Crime Attacks to New Heights in 2Q17. The Q2 2017 ThreatMetrix Cybercrime Report was compiled using data on actual attacks that occurred from April to June 2017, as detected by the ThreatMetrix Digital Identity Network, which analyzes approximately 2 billion transactions per month. In the second quarter of 2017, ThreatMetrix detected 144 million attacks, nearly doubling the attack volume detected in the second quarter of 2016. Of note, ThreatMetrix saw a large spike in attack volume following the WannaCry ransomware attack in mid-May as attackers aimed to take advantage of consumers. In this slide show, eWEEK takes a look at some of the highlights of the latest ThreatMetrix Cybercrime Report. Attackers are increasingly using stolen identities to create new accounts that are then used for fraudulent transactions. Device spoofing was the top attack vector in the second quarter, according to ThreatMetrix. With a device spoofing attack, a hacker changes browser and other device settings to change a device's identity. On the dark web, cyber-criminals can buy and sell just about type of personal information. eWEEK looks at how hackers make their money and how much stolen data is worth.
WannaCry Helps Push Cyber-Crime Attacks to New Heights in 2Q17
144 Million Attacks Stopped
Attacks Spike After WannaCry
New Account Creation Fraud Growing
Attack Tactics Vary by Geography
Mobile Fraud a Growing Concern
Device Spoofing Is the Top Attack Vector
U.S. Hackers Targeting U.S. Consumers
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ABSTRACT: The second quarter of 2017 was the most active 90-day period ever for cyber-crime attacks, according to a new report from security technology firm ThreatMetrix. The Q2 2017 ThreatMetrix Cybercrime Report was compiled using data on actual attacks that occurred from April to June 2017, as detected by…

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