By: Getahun TsegayeStaff Reporter  Addis Ababa, Ethiopia – The Commercial Bank of Ethiopia (CBE), the nation’s largest financial institution, has announced the strengthening of its cybersecurity defenses with a reinforced, 24/7 system in response to an increasing number of cyber threats targeting its operations. Speaking to the Ethiopian Press Agency on Monday, CBE President Abe...
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Space Cybersecurity Market The Space Cybersecurity Market is projected to reach USD 6.96 billion by 2029, from USD 4.52 billion in 2024, at a CAGR of 9.0%. The report “Space Cybersecurity Market [https://www.marketsandmarkets.com/Market-Reports/space-cybersecurity-market-175849133.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=SpaceCybersecuritymarket] by Offering (Solutions (Network, Endpoint, Cloud, Application Security), Services (Managed Security Services, professional Services)), Platform (Satellites, Launch Vehicles, Ground Stations, Spaceports &...
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Philadelphia, Pa. — The FBI’s Internet Crime Complaint Center (IC3) has released its 2024 annual report, which combines information collected from 859,532 complaints. The report also details losses exceeding $16 billion, which represents a 33% increase from 2023. The top three cybercrimes by number of complaints in 2024 were: phishing/spoofing, extortion, and personal data breaches. The...
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Federal governments, citizens can’t afford untested cybersecurity solutions To create a truly secure cyber ecosystem for the systems, cybersecurity professionals should implement solutions that are transparent, resilient and validated. Adam Maruyama April 29, 2025 1:38 pm 4 min read It’s undeniable that the stakes for federal and critical infrastructure cybersecurity have increased exponentially, particularly since...
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Fortinet has released the new Fortinet FortiGuard Labs 2025 Global Threat Landscape report that reveals a sharp rise in Cybercrime-as-a-Service activity on the darknet, driving a booming underground market for stolen credentials, exploits, and unauthorized access. The report also highlights a record surge in automated cyberattacks, as threat actors increasingly weaponize AI and deploy sophisticated...
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Malwarebytes, a global leader in real-time cyber protection, announced a new partnership program aimed at arming financial institutions, HR benefit providers, and internet service providers with an arsenal of easy-to-use, effective personal security, privacy, and identity solutions that seamlessly integrate into their offerings.  The new strategic program aims to directly address the alarming...
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A new ransomware strain known as ELENOR-corp, identified as version 7.5 of the Mimic ransomware, has been used in a series of targeted attacks on the healthcare sector. The campaign displays a range of advanced capabilities, including data exfiltration, persistent access and anti-forensic strategies designed to cripple recovery efforts and maximize damage. What’s New in...
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For the first half of his career in law enforcement, working as a police officer in South Florida, Chase Fopiano did not think cyberattacks on police agencies were a serious threat. Many of his law enforcement colleagues were under the same impression — that since they were the most likely to investigate the attacks, there...
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Orange Jordan held a strategic conference in cooperation with FutureTEC and NETSCOUT, targeting customers from the enterprise sector, with the aim of supporting business continuity by providing smart and advanced cybersecurity solutions. The conference featured a number of discussions on the increasing challenges facing the financial sector, focusing on the increasing Denial-of-Service (DDoS) attacks, and...
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Marks & Spencer dealt with service interruptions following the cyber incident now linked to hacking group Scattered Spider. (Photo: Shutterstock) The cyber incident at British retailer Marks & Spencer (M&S) resulted from a ransomware attack, suspected to be executed by the hacking group ‘Scattered Spider’, BleepingComputer has reported, quoting multiple anonymous sources. M&S, which operates...
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