Mobile Malware Market Increasingly Competitive

Mobile malware developers are competing for market share by creating highly sophisticated products or low-cost alternatives to existing offerings.
An analysis of the mobile malware marketplace conducted by IBM X-Force researchers showed that cybercriminals looking to make a profit by targeting smartphone users have plenty of products to choose from.
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New Dridex Malware Campaign Shifts to U.S.

Researchers at F5 Networks Security Operations Center (SOC) are warning of a new campaign of the Dridex web fraud malware. Previous campaigns had recently focused attacks on financial institutions in the United Kingdom, but among the new campaign’s malware configurations, only 6 percent of the targeted institutions are UK brands, versus 80 percent in the US and 5 percent in Canada.
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Serious Flaw Exposed Microsoft Office 365 Accounts

Researchers discovered a severe cross-domain authentication bypass vulnerability that could have been exploited by malicious actors to gain access to Office 365 accounts, including email and files. Microsoft patched the issue within 7 hours after learning of its existence.
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