Islamic State militants are planning the creation of a ‘cyber caliphate’ protected by their own encryption software – from behind which they will launch massive hacking attacks on the U.S. and the West.
Malware that cannot be uninstalled by the end user is being pre-loaded onto some cheap Android smartphones. The malware is pre-loaded into the system directory of the handsets at an unknown point within the supply chain.
New and subtle business models are emerging for cybercriminals, boosting their sales of stolen data and offering new ways to inflict damage on target organisations. Hackers are commercialising stolen data by selling it back to legitimate businesses, one security expert has warned.
