cybercrime

9 essential ransomware guides and checklists available for free
According to Fortinet, ransomware activity has intensified, registering an increase of 13 times compared to the beginning of 2023 in terms of all malware detections. The rise …

Protecting against FraudGPT, ChatGPT’s evil twin
FraudGPT is the evil counterpart to ChatGPT. Criminals use it to target businesses with phishing emails and scams with speed and accuracy like never before. The AI can be …

Financial crime compliance costs exceed $206 billion
The growing complexity of compliance regulations and ever-evolving criminal methodologies are a major difficulty for financial institutions, according to LexisNexis Risk …

Why California’s Delete Act matters for the whole country
The California State Legislature passed Senate Bill 362, known as the Delete Act, to simplify the process for consumers to ask to remove their personal data gathered by data …

Ransomware groups are shifting their focus away from larger targets
One in every six ransomware attacks targeting US government offices was traced back to the LockBit ransomware group, according to Trend Micro. Overall ransomware attack victim …

High number of security flaws found in EMEA-developed apps
Applications developed by organizations in Europe, Middle East and Africa tend to contain more security flaws than those created by their US counterparts, according to …

Has Sony been hacked again?
Ransomed.vc, a relatively new ransomware / cyber extortion group, claims to have hacked Sony and made off with valuable data. Sony allegedly hacked and its data held for …

Are developers giving enough thought to prompt injection threats when building code?
With National Coding Week behind us, the development community has had its annual moment of collective reflection and focus on emerging technologies that are shaping the …

Current ransomware defensive efforts are not working
Despite some positive developments, the impact of ransomware attacks remains high, according to SpyCloud. Infostealer infections preceded 22% of ransomware events for North …

Ransomware cyber insurance claims up by 27%
Overall cyber insurance claims frequency increased by 12% in the first half of 2023, according to Coalition. Increase in ransomware claims frequency Coalition found that both …

Code alterations more prevalent in Android apps than iOS
57% of all monitored apps are under attack, with gaming (63%) and FinServ (62%) apps facing the highest risk, according to Digital.ai. The study found no correlation between …

Rising OT/ICS cybersecurity incidents reveal alarming trend
60% of cyberattacks against the industrial sector are led by state-affiliated actors and often unintentionally enabled by internal personnel (about 33% of the time), according …
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