Media Coverage

The social network unveiled on Wednesday a security feature that lets you see a list of recent emails sent by Facebook. Successful phishing campaigns can be costly for consumers and companies. According to security firm Trend Micro, global losses from compromised business email scams, which often originate via phishing, will exceed $9 billion next year.

Researchers at Trend Micro's Zero Day Initiative also suspect one of the updates is aimed at mitigating a nearly undetectable Microsoft Office exploit that takes advantage of a 24-year-old Microsoft protocol called Dynamic Data Exchange (DDE).

“The online tools we’ve seen show how traditional felony and cybercrime can work concertedly—or even strengthen each other—towards bigger payouts for the bad guys,” TrendMicro reports.

According to research from Trend Micro, while 66 percent of companies say they would never pay a ransom as a point of principle, in practice 65 percent actually do pay the ransom when they get hit.

Researchers at Trend Micro have spotted the first known piece of malware to exploit a recently patched vulnerability affecting the Toast feature in Android.