[ad_1] Ransomware attacks come with an average recovery cost of $4.5 million, according to a recent survey, which also found a high proportion of businesses have fallen prey to the malware in the past year. Data from Absolute Security, which surveyed 500 CISOs based in the US through Censuswide, found 72% of respondents’ firms had...Read More

[ad_1] The Top Ten cyber crime news summaries on The420 are meticulously curated by Future Crime Researchers from the Future Crime Research Foundation (FCRF) and powered by Algoritha Security Pvt. Ltd. These summaries feature the most critical cyber crime developments from around the world. Keep reading—and stay safe. 1. Odisha CID Busts ₹9 Crore Investment...Read More

[ad_1] One of the world’s largest IT distributors has revealed it is battling to recover from a recent ransomware breach. California-based Ingram Micro issued a brief statement over the weekend confirming “an ongoing system outage.” It said: “Ingram Micro recently identified ransomware on certain of its internal systems. Promptly after learning of the issue, the...Read More

[ad_1] Report: Deepfake-enabled cyber-crime on the rise Deepfake technology has rapidly matured in the criminal ecosphere, driving a wave of extortion, identity theft, and fraud. On July 3, the US State Department circulated a cable warning of an unknown actor using AI to impersonate Secretary of State Marco Rubio. According to the cable, this individual...Read More

[ad_1] Ingram Micro is recovering from a ransomware attack that disrupted services. Service restoration is ongoing. Ingram Micro is working to bring systems back online after a ransomware attack took down parts of its network, disrupting ordering systems and customer service channels across multiple regions. The incident started on July 3. Customers first noticed problems...Read More

[ad_1] Gurugram: A cybercrime awareness workshop in Gurugram brought over 100 cyber experts to educate participants on rising cyber threats, officials said. The workshop primarily focused on five major types of cyber frauds: investment frauds, customs and parcel delivery frauds or digital arrests, vishing scams, task-based frauds and search engine scams. During his address, Gurugram...Read More

[ad_1] When security researchers Ian Carroll and Sam Curry decided to try to hack into the backend of McDonald’s AI chatbot last Monday, June 30, they didn’t anticipate just how easy it would be. McDonald’s uses the AI chatbot to hire new employees, and in just half an hour, they had “full access to virtually...Read More

[ad_1] Camden Council is reminding residents that child safety is everyone’s business, after recently forming a Child Safe Working Group. The NSW Government introduced the Child Safe Scheme following the Australian Government’s Royal Commission into Institutional Responses to Child Sexual Abuse, which ran from 2012 to 2017. Under this Scheme, the Child Safe Standards were...Read More

[ad_1] The government is investing £1.3 million to improve security at 500 small companies operating in sensitive sectors such as defence, artificial intelligence and life sciences to prevent their ideas from being stolen by competitors or malicious state-backed actors. Peter Kyle, the science secretary, has allocated up to £2,500 in grants per company to help...Read More

[ad_1] Global IT distribution giant Ingram Micro has confirmed it suffered a ransomware attack after a days-long service outage that disrupted its core operations, including order processing and communications. The attackers have been identified as the SafePay ransomware gang, a rapidly growing cybercriminal group active since late 2024. The cyberattack began in the early hours...Read More