A report issued by the Internet Crime Complaint Center (IC3) shows that cybercrime victims lost $1.4 billion in 2017. The IC3, which is part of the US Federal Bureau of Investigation (FBI), was established to gather complaints from victims of Internet crime.
Sadly, but expectedly, on the heels of the European Union enacting their new General Data Protection Regulation (GDPR), hackers are now using this regulation as an opportunity to deceive people into providing the type of data that the GDPR is specifically designed to protect.
The FBI is advising users of consumer-grade routers and network-attached storage devices to reboot them as soon as possible to counter Russian-engineered malware that has infected hundreds of thousands devices. Earlier this week, Cisco’s security team disclosed a Russian-developed malware called VPNFilter which compromised at least 500,000 routers built by Linksys, MikroTik, NETGEAR, and TP-Link…