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Employing sophisticated scams involving social engineering, email phishing, and the harvesting of employee passwords, attackers have pilfered millions of dollars from some of the world largest corporations—all while bypassing traditional hacking safeguards by simply avoiding the use malware.
An Android trojan that started out as an open-source project has been updated to allow hackers to gain access to virtually all data on infected devices. The new variant of AndroRAT is disguised as an app called 'TrashCleaner' and researchers at Trend Micro say it's distributed via a malicious URL -- indicating that this threat comes from third-party download sites or phishing attacks.

Cyber experts say at least one group of hackers tied to Russia, known as Fancy Bear, has targeted international sporting organizations. According to cyber security firm Trend Micro, the same hacking outfit that penetrated the Democratic National Committee’s computer systems also hacked into the European Ice Hockey Federation, the International Ski Federation, the International Biathlon Union, the International Bobsleigh and Skeleton Federation and the International Luge Federation.

While no cybercriminal worth his salt would turn down a chance to get his hands on your credit card information, there’s an even bigger prize: your Social Security number, which cybersecurity experts say is now the single most valuable piece of information in terms of being able to steal your identity.
IoT stands for the Internet of Things. In the simplest terms possible, it means any device with an on/off switch can be connected to the Internet – from your home heating to vending machines to CCTV cameras. It can also apply in industrial contexts – for instance the drill of an oil rig. Technology research firm Gartner predicts that there will be over 26 billion connected devices by 2020 – “a pervasive digital presence…throughout business process and operations”.