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Cyberattacks to electric cars have increased by 380%, with a methodology focused on disrupting the proper functioning of their charging stations and the functions of the vehicle itself, as well as stealing data stored in them. Remote vehicle hijacking, potential threats to charging stations, and malicious connectivity disruptions are the top three cyber risks affecting electric cars. More and more people are opting for electric cars, whether for innovation or environmental reasons. But the environmental and technological benefits of electric vehicles are not without risk as they present  a new attack surface for cybercriminals . In fact, according to the  Global Automotive Cybersecurity Report , threats against APIs will increase up to 380% by 2022, accounting for 12% of all incidents.   As electric cars implement more technological advances and become more connected, the risk of a cyberattack increases. The safety of drivers and the integrity of all the data they generat...

  Key predictions for the second half of the year focus on attacks in the Metaverse, the elevation of cyberattacks as a state-level weapon and hacktivism flourishing Check Point Research (CPR), the Threat Intelligence arm of  Check Point® Software Technologies Ltd.  (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has released its ‘Cyber Attack Trends: 2022 Mid-Year Report’ highlighting how cyberattacks have become firmly entrenched as a state-level weapon, including the new ransomware method of ‘Country Extortion’ and state-affiliated hacktivism, and the expansion of ransomware as the number one threat.    Besides insight into the evolution of cyberattacks as a state-level weapon complementing actual military conflict, and the elevation of ransomware utilized in nation-state level attacks for financial and social gain, the report also delves into the growth of cloud supply chain attacks through new sources of modules in the open-source c...

The spread of the novel Coronavirus across the world has created new opportunities for online fraudsters who are exploiting the vulnerability of users confined to their homes, taking advantage of their reliance on the Internet to access information and services. “Fraudsters thrive in desperate times,” says Andrew van Der Hoven, Head of Digital Banking at Standard Bank. “They know that there is communication around Covid-19 relief and support for those who may find themselves in financial difficulty and use that as a hook to reel in users.”  During the month of April, Standard Bank saw an increase in common cybercrime techniques such as phishing scams where fraudsters try to entice customers to reveal personal and sensitive information through fake emails, SMSs or websites. Van der Hoven explains that the highest volumes of cyber fraud are perpetrated on the Internet Banking channel, which is largely accessed via desktop or laptop. “Desktop-banking remains an easier target for data ...