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Photo: Thomas Trutschel/Photothek via Getty Images

With so many people working from home during the COVID-19 pandemic, more cyber criminals are using “brute force” attacks to break the passwords of employees signing into their company networks remotely, according to ESET, a cybersecurity and antivirus protection firm.

How it works: Brute force attacks break into systems by trying out vast numbers of possible passwords.

  • Cyber criminal groups are targeting increasingly ubiquitously used remote login services as a way to circumvent the usual protections to company systems.
  • The criminals then often hold companies’ networks hostage via ransomware.

What they're saying: “Despite the increasing importance of [remote access services], organizations often neglect its settings and protection,” writes ESET.

  • “Employees use easy-to-guess passwords and with no additional layers of authentication or protection. ... Cybercriminals typically brute-force their way into a poorly secured network, elevate their rights to admin level, disable or uninstall security solutions and then run ransomware to encrypt crucial company data.”

Of note: Among ESET’s own users, the most commonly blocked IP addresses associated with these types of attempted intrusions came from the United States, China, Russia, France and Germany.

  • Meanwhile, most victims of these types of attempted intrusions possess IP addresses located in Russia, Germany, Japan, Brazil and Hungary, says ESET.

Go deeper

Felix Salmon, author of Capital
Updated 8 mins ago - Economy & Business

How central banks can save the world

Illustration: Aïda Amer/Axios

The trillion-dollar gap between actual GDP and potential GDP is a gap made up of misery, unemployment, and unfulfilled promise. It's also a gap that can be eradicated — if central banks embrace unconventional monetary policy.

  • That's the message from Eric Lonergan and Megan Greene, two economists who reject the idea that central banks have hit a "lower bound" on interest rates. In fact, they reject the idea that "interest rates" are a singular thing at all, and they fullthroatedly reject the idea — most recently put forward by New York Fed president Bill Dudley — that the Fed is "out of firepower."

Why it matters: If Lonergan and Greene are right, then central banks have effectively unlimited ammunition in their fight to increase inflation and employment. They are limited only by political will.

Updated 26 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Top HHS spokesperson pitched coronavirus ad campaign as "helping the president" — Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases — Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  4. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.
Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

Leon Black says he "made a terrible mistake" doing business with Jeffrey Epstein

Photo illustration: Sarah Grillo/Axios. Photo: Rick Friedman/Corbis/Getty Images

Apollo Global Management CEO Leon Black on Thursday said during an earnings call that he made a "terrible mistake" by employing Jeffrey Epstein to work on personal financial and philanthropic services.

Why it matters: Apollo is one of the world's largest private equity firms, and already has lost at least one major client over Black's involvement with Epstein.