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MY TAKE: What NortonLifeLock’s $8 billion buyout of Avast portends for consumer security

The Last Watchdog

This deal reads like to the epilogue to a book titled The First 20 Years of the Supremely Lucrative Antivirus Market. Way back in 1990, Symantec acquired Norton Utilities and made Norton the heart of its antivirus subscription offering. billion in 2017; Avast acquired AVG for $1.3 billion in 2016, for instance.

Antivirus 223
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Norton 360 Now Comes With a Cryptominer

Krebs on Security

Norton 360 , one of the most popular antivirus products on the market today, has installed a cryptocurrency mining program on its customers’ computers. In 2017, the identity theft protection company LifeLock was acquired by Symantec Corp. “The key to the wallet is encrypted and stored securely in the cloud.

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Latin American Javali trojan weaponizing Avira antivirus legitimate injector to implant malware

Security Affairs

Latin American Javali trojan weaponizing Avira antivirus legitimate injector to implant malware. Javali trojan is active since November 2017 and targets users of financial and banking organizations geolocated in Brazil and Mexico. Background of Latin American Trojans.

Antivirus 139
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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

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Who’s Behind the RevCode WebMonitor RAT?

Krebs on Security

The software is broadly classified as malware by most antivirus companies, likely thanks to an advertised feature list that includes dumping the remote computer’s temporary memory; retrieving passwords from dozens of email programs; snarfing the target’s Wi-Fi credentials; and viewing the target’s Webcam.

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Chinese actors behind attacks on industrial enterprises and public institutions

Security Affairs

The emails used weaponized Microsoft Word documents exploiting the CVE-2017-11882 vulnerability. The CVE-2017-11882 flaw is a memory-corruption issue that affects all versions of Microsoft Office released between 2000 and 2017. The vulnerability affects the MS Office component EQNEDT32.EXE

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SHARED INTEL: How ransomware evolved from consumer trickery to deep enterprise hacks

The Last Watchdog

Although most people think of ransomware as a dodgy application that encrypts data and holds it for ransom, the concept is much more heterogeneous than that. File encryption 2013 – 2015. It emerged in September 2013 and paved the way for hundreds of file-encrypting menaces that have splashed onto the scene ever since.