[ad_1] Ransomware continues to be one of the most disruptive and costly threats facing organisations today, writes By Nemanja Krstić, operations manager: managed security services at Galix. With attacks capable of halting operations, damaging brand reputations, and draining financial resources, the risk is not only real; it’s escalating. In this climate, businesses must shift from...
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[ad_1] In the wake of the recent cyber-attack it experienced, Co-op has today announced a new strategic partnership with The Hacking Games, a UK-based social impact business, to help prevent cybercrime by identifying young cyber talent and channelling their skills into positive, ethical careers. Globally, cybercrime is expected to cost £12 trillion this year, and...
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[ad_1] This article was written in partnership with Alistair Fleming, Helen Clarke, Phillip Magness and Jaana Davidsson of Johnson Winter Slattery. Ransomware and data extortion attacks are unfortunately becoming increasingly common (see for example, high profile attacks on Canva,1 Latitude Financial2 and recently the Legal Practice Board of Western Australia).3 These attacks typically involve a...
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[ad_1] As risk officer for Visa in Central Europe, Middle East and Africa, Charles Lobo is at the forefront of the fight against cybercrime across the region. The problem is escalating rapidly and Lobo says it will equate to the size of the world’s third largest economy in terms of GDP in 2025 – around...
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[ad_1] Redazione RHC : 16 July 2025 07:26 By Cyber Defense Center Maticmind (Andrea Mariucci, Riccardo Michetti, Federico Savastano, Ada Spinelli) The Scattered Spider threat actor, UNC9344, made its appearance in 2022 with two targeted attacks on Caesars and MGM casinos. Belonging to the informal group “The Com,” UNC3944 is known for its sophisticated social engineering tactics...
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[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. Bhopal Cyber Crime Branch blocks 363...
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[ad_1] (Reuters) -Italian tech firm Exein said on Wednesday a pick up in European defence spending was supporting its domestic growth, as it closed a funding round aimed at global expansion. The startup, which provides embedded cybersecurity on small devices including chips, is planning to expand its range of products as countries and businesses move...
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[ad_1] (Getty Images) Seoul Guarantee Insurance, South Korea’s largest provider of guarantee insurance, has been crippled by a ransomware attack, with its core systems offline for a third straight day. The incident began early Monday, when SGI reported an “abnormal symptom” in its database system. By Tuesday afternoon, a joint investigation by the Financial Supervisory...
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[ad_1] BigONE, a prominent cryptocurrency exchange, recently announced that its hot wallet had been subjected to unauthorized access. The platform swiftly responded to the incident, assuring users that it would fully bear the losses incurred from this breach. The exchange’s system is currently undergoing recovery, with trading and recharge functions expected to be restored within...
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[ad_1] New research from Secureframe has identified ransomware, artificial intelligence-powered attacks, and social engineering as the predominant drivers behind the most costly cyberattacks in 2025. Persistent threats The study, which analysed over two years of breach data spanning multiple industries and geographies, found that ransomware continues to top the list of cyber threats. Attackers are...
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