Cybersecurity threats in the transportation and shipping sectors are on the rise. Advanced persistent threat (APT) detections targeting the U.S. in Q1 2025 were 2.4 times or 136% higher than the level seen in Q4 2024, according to a recent report by AI-powered cybersecurity firm Trellix. The CyberThreat Report: April 2025 shows that among those...Read More
Coalition, a cyber insurance provider known for its Active Insurance model that aims to prevent digital threats before they cause harm, has published its 2025 Cyber Claims Report, offering a comprehensive view of cyberattack trends affecting its policyholders throughout 2024. According to the report, ransomware incidents remained the most expensive and disruptive form of cyberattack,...Read More
What we’re seeing with Medusa ransomware isn’t just another spike — it’s a sign of how ransomware is evolving. The question every organisation should be asking right now is: If an attack like Medusa came for you, could you survive it? New research from Illumio’s Global Cost of Ransomware Study shows just how widespread and damaging these...Read More
The agreement on the legally binding treaty marked the culmination of a five-year effort by UN Member States, with inputs from civil society, information security experts, academia and the private sector. UN Secretary-General António Guterres welcomed the adoption of the Convention – the first international criminal justice treaty to have been negotiated in over 20...Read More
The financial sector experienced notable impacts, with recovery costs averaging $2.58 million per incident in 2024, up from $2.23 million in 2023. Ransom demands in this sector varied widely, ranging from $180,000 to $40 million, with an average demand of $6.9 million. Additionally, the sector faced significant downtime costs, estimated at $32.3 billion since 2018....Read More
NEW YORK – The growing security threat posed by artificial intelligence is no longer surprising. Whether it’s targeting billions of Gmail users, bank accounts, or individuals via sophisticated smartphone scams, the danger is real, so much so that the FBI has issued formal warnings. Now, however, one AI-powered chatbot appears to be explicitly designed for...Read More
A cybersecurity expert warns that hackers could continue to try to extort people for money related to the breach of millions of students’ and teachers’ data earlier this school year. On Wednesday, state school leaders and employees from at least 20 North Carolina school systems began receiving emails attempting to extort them — a payment...Read More
EDR-as-a-Service makes the headlines in the cybercrime landscape Pierluigi Paganini April 07, 2025 Cybercriminals exploit compromised accounts for EDR-as-a-Service (Emergency Data Requests – EDR), targeting major platforms According to a detailed analysis conducted by Meridian Group, an increasingly complex and structured phenomenon, commonly referred to as “EDR-as-a-Service,” is taking hold in the cybersecurity landscape. In...Read More
What’s going on here? Akamai Technologies impressed investors by exceeding Q1 financial forecasts, driven by strides in its cybersecurity and cloud offerings. What does this mean? Akamai Technologies isn’t just holding steady in the tech realm – it’s advancing rapidly. The firm reported Q1 revenue of $1.02 billion, topping analyst expectations, with adjusted earnings per...Read More
