The 10 Biggest Cybersecurity Stocks

Cybersecurity is one of the fastest-growing segments of the technology industry. As more people around the globe connect to the internet and hundreds of millions of devices get connected to a network every year, the need to keep all of that data secure is on the rise.

In fact, according to research firm Global Market Insights, cybersecurity is expected to go from a $120 billion-a-year endeavor in 2017 to more than $300 billion in 2024, good for an average 12% annual growth rate. It's no wonder, then, that so many businesses are getting in on the movement. Old tech titans like Microsoft (NASDAQ: MSFT), Cisco (NASDAQ: CSCO), and Oracle (NYSE: ORCL) all offer cybersecurity as part of their service suites. Other names are investing in the action, too. Old smartphone maker BlackBerry (NYSE: BB), for example, bought small cybersecurity outfit Cylance in early 2019 to further its transformation as a software company.

Flaw allows attackers to alter media files sent via WhatsApp, Telegram, say researchers

Researchers have reported a vulnerability in the Android versions of WhatsApp and Telegram that could allow malicious actors to manipulate media files sent via the apps.

This “media file-jacking” flaw could allow attackers to alter photographs, modify invoices (to aid in a financial scam), swap out files in a particular channel feed, or potentially even manipulate audio messages, warned cyber-software firm Symantec in a July 15 company blog post.

How public cloud continues to drive demand for cybersecurity solutions

Ongoing investment in cybersecurity solutions continues to grow. According to the latest worldwide market study by Canalys, cybersecurity solutions for public cloud and 'as a service' accelerated in the first quarter of 2019. Those deployment models collectively grew 46 percent year-on-year.

These type of solutions accounted for 17.6 percent of the total cybersecurity market value -- that's up from 13.8 percent in the same period a year ago. Virtual security appliances and agent solutions also grew significantly, up by 18.2 percent on an annual basis.

OneNote Audio Note Phishing Scam Looks For Victims Microsoft Account Credentials

One more phishing scam has made it to the news due to another innovative trick. This time, the scammers strive to fool users by exploiting audio notes. This OneNote Audio Note phishing campaign seemingly aims at stealing your Microsoft accounts’ credentials.

Exclusive: German Police Raid OmniRAT Developer and Seize Digital Assets

The German police yesterday raided the house of the developer of OmniRAT and seized his laptop, computer and mobile phones probably as part of an investigation into a recent cyber attack, a source told The Hacker News.

OmniRAT made headlines in November 2015 when its developer launched it as a legitimate remote administration tool for IT experts and companies to manage their devices with explicit permissions.

Available between $25 and $100, OmniRAT quickly became one of the most popular remote  administration tools, allowing users to monitor Android, Windows, Linux, and Mac devices remotely and access every available information on them.

Hit by Ransomware Attack, Florida City Agrees to Pay Hackers $600,000

MIAMI — The leaders of Riviera Beach, Fla., looking weary, met quietly this week for an extraordinary vote to pay nearly $600,000 in ransom to hackers who paralyzed the city’s computer systems.

Riviera Beach, a small city of about 35,000 people just north of West Palm Beach, became the latest government to be crippled by ransomware attacks that have successfully extorted municipalities and forced them to dig into public coffers to restore their networks. A similar breach recently cost Baltimore $18 million to repair damages.

Cybersecurity giant Symantec plays down unreported breach of test data

The American cybersecurity giant Symantec has downplayed a data breach that allowed a hacker to access passwords and a purported list of its clients, including large Australian companies and government agencies.

The list extracted in the February incident, seen by Guardian Australia, suggests that all major federal government departments were among the targets of a hacker who also claimed to be responsible for Medicare data being available for sale on the dark web.