Hey there, FixMeFans and StartMeStars! We hope everyone is doing well and staying safe. We’re back with another edition of our weekly roundup where we deliver the most recent comings and goings of the cybersecurity world.
This week we’re dealing with news regarding executive email fraud, how the cybercriminal group behind REvil ransomware is offering a reward of up to $1 million for new members, and how McAfee’s founder and previous owner John McAfee has been jailed in Spain.
Over the past several months, hackers have been making millions of dollars through exec email fraud. This form of fraud, also known as CEO fraud, involves hackers posing as senior executives in order to access funds.
Recently, however, the scams have become increasingly sophisticated, with hackers using very convincing emails for the wire-fraud process, and even using Microsoft Office 365 as a way to make the scam seem more legitimate.
Although both Microsoft and even the FBI have been informed about this ongoing scam, it’s unclear whether any action has been taken to apprehend the criminals behind the scam.
You can read up on the exec email frauds here!
Recently, the cybercriminals behind REvil ransomware have deposited $1 million worth of bitcoin on a Russian website, which, according to a recent post, is to show that they have enough money to employ potential recruits.
It seems as though REvil actually operate as a ‘Ransomware-as-a-Service’ (RAAS), meaning they design and supply the ransomware, and then hire other groups to use the ransomware on various individuals and organizations. And according to their most recent $1 million listing, they’re on the hunt for new hackers!
With ransomware on the rise, it’s important to know what to look out for, and what you can do to protect yourself. We recommend checking out our cybersecurity guide to brush up on your security skills, and even check out our quick guide on ransomware.
While McAfee Total Protection is considered one of the best antivirus programs on the market, its founder and previous owner, John McAfee, is definitely one of the more interesting figures in the world of cybersecurity.
Recently, John McAfee has been indicted for fraud and tax evasion in the United States and has since been arrested in Spain where he was attempting to board a plane headed for Istanbul.
Sources indicate that McAfee will remain in prison without bail while he waits for the extradition process to be completed.
You can read up on the McAfee situation here! Although the software has kept the McAfee brand name, the company was purchased by Intel in 2011 and is now TPG Capital owns a majority stake – McAfee Total Protection is still a great way to protect yourself from threats and malware (but sadly not fraud and tax evasion).
That’s all for this week’s roundup folks! We hope you’re staying safe with all that’s going on, especially when it comes to your cybersecurity!