[ad_1] CHARLOTTE, N.C. (WBTV) – A new report shows cybercrime is up, and people are losing more money because of it. The FBI’s Internet Crime Complaint center released its report from 2024 indicating $16 billion in losses, which is a 33% increase from 2023. According to the report, North Carolina ranks in the top 10...Read More

[ad_1] Verizon’s Data Breach Report Findings ‘Underscore the Importance of a Multi-Layered Defense Strategy’  TechRepublic [ad_2] Source link .........................Read More

[ad_1] During the summer of 2022, an East Coast financial services company specializing in private investments became the target of a new kind of cyberattack involving drones. The incident came to light when the company’s cybersecurity team detected unusual activity on its internal Atlassian Confluence page. The activity appeared to originate from within the company’s...Read More

[ad_1] The eSentire’s Threat Response Unit (TRU) in early March 2025, a sophisticated cyberattack leveraging SocGholish malware, also known as FakeUpdates, was uncovered targeting corporate networks. This attack, orchestrated by affiliates of RansomHub-a notorious Ransomware-as-a-Service (RaaS) group emerging in 2024-demonstrates a calculated approach to infiltrate high-profile organizations. SocGholish Malware as Initial Vector RansomHub markets its...Read More

[ad_1] Digital scammers and extortionists bilked businesses and individuals in the US out of a “staggering” $16.6 billion last year, according to the FBI — the highest losses recorded since bureau’s Internet Crime Complaint Center (IC3) started tracking them 25 years ago. Also in 2024: Ransomware again posed the biggest threat to critical infrastructure organizations,...Read More

[ad_1] Based on an independent Ponemon Institute survey, the report reveals 79% of respondents say their organization is making changes to its cybersecurity budget. Of these respondents, 71% say security budgets are increasing, with the average budget at $24 million. This correlates with the heightened volume of threat vectors, with 66% of respondents reporting cybersecurity...Read More

[ad_1] These DOGE ransowmare hackers demand a trillion dollar payment. AFP via Getty Images Update, April 25, 2025: This story, originally published April 23, has been updated with further details regarding the DOGE ransomware attack and information from a new FBI report about the FOG malware threat used following the latest trillion-dollar ransom note demand....Read More

[ad_1] There was a significant growth in threats from ransomware over the past 12 months, according to a new report focused on data breaches. The report, compiled by Verizon, showed a 37 per cent increase in ransomware threats compared to the same period ending in 2024. Ransomware is often broadly defined as a malware that...Read More

[ad_1] As I flicked through the 2024 State of the Industry report released by the Australian Cyber Network, I couldn’t help but marvel at the staggering numbers. $6.13 billion in revenue. A workforce charging toward 193,000 by 2029. Private investment nearly tripling. It reads like a success story—until you dig deeper and realise it’s the...Read More

[ad_1] The cybersecurity landscape is witnessing a significant shift as threat actors increasingly leverage Ransomware as a Service (RaaS) platforms enhanced by sophisticated Endpoint Detection and Response (EDR) killers. Despite successful law enforcement operations against established ransomware gangs like LockBit, new players have swiftly emerged to fill the void, employing aggressive business strategies and advanced...Read More