The reach of cyber hackers, whether foreign or domestic, can’t be underestimated. The city of Lowell witnessed that firsthand in April 2023, when many of its City Hall computer systems fell prey to a significant ransomware attack claimed by the criminal group Play, in which they reportedly lifted “private and personal confidential data, finances, taxes,...Read More
“If cybercrime were a country, it would be the third-largest economy in the world”, behind only the United States and China, the reinsurer said in a report. Citing figures from market analysis firm Statista, Munich Re projected cybercrime will generate global losses of some $14 billion (12.07 bn euros) in 2028. Martin Kreuzer, head of...Read More
SAN FRANCISCO — Private sector partners got a special shoutout in a panel of top European cyber law enforcement officials Wednesday as they discussed industry involvement in major takedowns of cybercrime groups. At RSAC Conference, Dutch National Police cybercrime director Stan Dujif, UK National Crime Agency cyber crime unit lead Paul Foster, and Germany’s Bundeskriminalamt...Read More
Global fraud attacks have grown by 8% over the past year, driven by the weaponisation of artificial intelligence (AI) and the rapid emergence of agentic bots capable of bypassing traditional behavioural detection tools. According to the 2026 cybercrime report from LexisNexis Risk Solutions, which analysed over 116 billion online transactions globally in 2025, malicious...Read More
A major cybersecurity incident has reportedly impacted Lockheed Martin, one of the United States’ largest defense and aerospace firms with a significant global presence. According to statements from Flashpoint and Check Point Software, cited by Cybersecurity Drive, hackers are believed to have exfiltrated an enormous volume of data—estimated at over 375 terabytes—from the company’s systems....Read More
Blessing Ibunge in Port Harcourt The United Nations Office on Drugs and Crime (UNODC) in partnership with the Nigeria Police Force National Cybercrime Center (NPF-NCCC) has enhanced capacity of police officers on the battle against crimes, with focus on cybercrime. The NPF-NCCC was established to operationalise the Cybercrimes (Prohibition, Prevention, etc.) Act 2015 and to...Read More
SK Telecom CEO Jung Jai-hun (SK Telecom) SK Telecom CEO Jung Jai-hun said Thursday the company is aiming to bring its market share back to around 40 percent by year-end after last year’s slide that followed a hacking incident, backed by a return to net subscriber growth and stronger shareholder returns. “We are aiming to...Read More
Accenture (NYSE:ACN) has launched Cyber.AI, an enterprise-focused cybersecurity platform powered by generative AI, including Anthropic’s Claude. The company is also investing in DaVinci Commerce to support AI-based, agentic commerce solutions for clients. These moves expand Accenture’s use of AI across both security operations and digital commerce offerings. For investors watching how large IT services players...Read More
Russian hackers are facing the heat on both sides of the Bering Sea, with a pair of Russian nationals getting pinged for their hacking or hacking-related activities. You’re out of free articles for this month
Russian national Ilya Angelov, aged 40, was sentenced to a two-year prison sentence for his role in operating a...Read More
This article was featured in the August 2023 issue of the Justice Matters newsletter. The right support can bring about transformative change for schools and communities. Going back to school can involve worries beyond whether students will like their teachers or who they will sit with at lunch. Many students, parents, and educators live with...Read More
