Between April 2024 and April 2025, Flashpoint analysts observed the financial sector as a top target of threat actors, with 406 publicly disclosed victims falling prey to ransomware attacks alone—representing seven percent of all ransomware victim listings during that period. However, ransomware is just one piece of the complex threat actor puzzle. The financial sector is...
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[File Photo] Ten trillion dollars was lost to cybercrime worldwide last year. Speaking at Day 2 of the Tourism Superweek, the Director for Digital Security at Mastercard, Samuel Stuart, highlighted that cybercrime is costing companies a significant amount of money in countries all over the world, and the Pacific Islands are not immune to these...
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Schools in West Lothian have been the victim of a suspected criminal ransomware cyberattack. A council spokesperson said the attack had affected its education network and contingency plans to keep schools open was under way. Ransomware is a type of malware which prevents someone from accessing a device and the data stored on it, usually...
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Hyderabad: To enhance effectiveness of cyber crime helpline 1930 during the golden hour (where chances of recovering money is high), the Telangana State Cyber Security Bureau (TGCSB) has introduced a new feature – Complaint Chatbot – to reduce wait time. The current 1930 call wait time in Telangana is 5-6 minutes and the AI chatbot...
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In a reminder to button up your station’s cyber security, WDEF in Chattanooga, Tennessee was hit by ransomware called Lynx, according to Cybernews. We asked WDEF about it, but haven’t heard back. On May 1, Lynx posted data samples on the dark web that looked like confidential agreements with the CBS affiliate’s employees. Ransomware gangs...
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JACKSONVILLE, Fla. – A 20-year-old Palm Coast man linked to a massive cybercriminal gang pleaded guilty in a Jacksonville federal courtroom Friday morning to charges including conspiracy and wire fraud. Noah Urban faced charges in two separate federal cases: charges in Florida that were unsealed in January 2024, and charges in southern California that were...
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Dive Brief: Airlines across North America plan to make significant investments in cybersecurity and AI as the aviation sector focuses on upgrading its aging IT infrastructure, according to a report released Monday by SITA.  Nearly eight out of every 10 carriers in North America ranked cybersecurity as one of their top three IT priorities during...
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Research from Comparitech identified a total of 479 ransomware attacks in April 2025. This represents a decrease from the figures the researchers tracked in Q1 of 2025, with 530 attacks logged in January, 973 in February, and 713 in March. It worth noting that ransomware appeared to decrease in April of 2024 as well, which...
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The Wiretap: A ‘Ransomware Cartel’ Causes Chaos  Forbes Source link .........................
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The FDIC rescinded FIL-16-2022 in March, paving the way for FDIC-supervised institutions to engage in cryptocurrency activities. These institutions were previously required to notify the FDIC and receive approval for activities that involved crypto. This new policy allows banks to “engage in permissible crypto-related activities without receiving prior FDIC approval.” While institutions are still required...
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