cybercrime

Cybercriminals can go from click to compromise in less than a day
The median dwell time in ransomware engagements dropped to just under 24 hours from 4.5 days in the previous year and 5.5 days in the year before that, according to …

$2.7 billion lost to social media scams since 2021
Scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method, according to the Federal Trade Commission. …

Incentivizing secure online behavior across generations
As the landscape of online security continues to evolve, there is a noticeable shift in people’s perceptions of cybersecurity, with an increasing awareness of its vital …

LLMs lower the barrier for entry into cybercrime
Cybercriminals employ evolving attack methodologies designed to breach traditional perimeter security, including secure email gateways, according to Egress. “Without a doubt …

Cybersecurity preparedness pays big dividends for businesses
Businesses are taking cybersecurity more seriously by boosting resources and preparedness, according to GetApp. US businesses on the whole are gaining ground against …

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 …
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