[ad_1] A new report from cyber insurance specialist Coalition finds the majority of 2024 claims (60 percent) originated from business email compromise (BEC) and funds transfer fraud (FTF) incidents, with 29 percent of BEC events resulting in FTF. Ransomware claims did stabilize in 2024 but they remain the most costly and disruptive type of cyberattack....
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[ad_1] WARREN, Ohio, (WKBN) — Trumbull County Auditor Martha Yoder is appealing a county judge’s decision that her office pay Bazetta Township over $80,000 it lost when the township’s tax fund was mistakenly deposited into a fraudulent bank account. Read next: Ohio primary election: What’s on the ballot, and where can I vote? Yoder filed...
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[ad_1] The UK has announced a series of new cybersecurity assessment schemes in a bid to push secure by design principles. Unveiled at the CYBERUK 2025 conference, the new initiatives are designed to enable firms to demonstrate their cyber resiliency, and boost confidence in the products and services used by organizations. The first scheme is...
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[ad_1] Play ransomware exploited Windows zero-day. getty The ransomware threat is far from over, despite the internal private communications of some of the cybercriminal gangs being leaked, snitches being offered big bucks for information on gang members, and the childishness of DOGE-trolling attackers demanding $1 trillion payments. If you want evidence of this, look no...
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[ad_1] Ransomware as a service. What is ransomware as a service? Ransomware as a service is a business model where ransomware operators and third parties, called “affiliates”, work together to launch ransomware attacks. RaaS was first identified in 2012 with the Reveton ransomware strain, and in the subsequent decade, it has exploded into a sophisticated...
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[ad_1] Cybercrime continues to be a rapidly rising threat, with cases in the Philippines tripling to 10,004 in 2024, according to the Cybercrime Investigation and Coordinating Center (CICC). CIBI Information Inc., the country’s first and only local credit bureau, recognizing the urgent need for a coordinated, data-driven approach to fight cybercrime, officially launches the Fraud...
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[ad_1] Get stories like this delivered straight to your inbox. Sign up for The 74 Newsletter Emily Juarez no longer feels safe letting her two older children ride public transportation or walk to their LA Unified school after an increase in reports of violence near district campuses. “I stopped maybe a couple of weeks ago,”...
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[ad_1] Shayimamba Conco, cyber security expert at Check Point. Ransomware attacks rebounded in 2024 after law enforcement took down LockBit and Noberus, two of the most prolific ransomware syndicates. The former was said to have been responsible for around 25% of all victims listed on ransomware leak sites in 2023. In February 2025, the Cybersecurity...
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[ad_1] WASHINGTON — Twelve Chinese nationals — including mercenary hackers, law enforcement officers and employees of a private hacking company — have been charged in connection with global cybercrime campaigns targeting dissidents, news organizations, U.S. agencies and universities, the Justice Department said Wednesday. A set of criminal cases filed in New York and Washington add...
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[ad_1] The National Center for Missing and Exploited Children (NCMEC), the primary U.S. nonprofit fighting child sexual exploitation, said Friday that it is removing all references to transgender people from its public materials. The move is in accordance with an executive order President Trump signed last week, which bars federal funding that goes to “gender...
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