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A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Hackers used compromised credentials to gain access to Colonial Pipeline's network, deploying ransomware that encrypted critical systems.
And yet, if artificialintelligence achieves what is called an agentic model in 2025, novel and boundless attacks could be within reach, as AI tools take on the roles of agents that independently discover vulnerabilities, steal logins, and pry into accounts. That could change in 2025.
In 2023, famous YouTube tech personality Linus Sebastian suffered a hack of three different YouTube channels associated with his company, Linus Media Group. In reality, ransomware gangs do not care about the size, budget, or resources of their victims, because ransomware itself has become increasingly easy to scale and deploy.
From ransomware to sophisticated state-sponsored attacks, no organization is immune. According to recent reports, there were over 700 million cyber attacks in 2023 alonea significant rise from the previous year. In 2023, major ransomware incidents targeted healthcare providers, educational institutions, and large corporations.
Kurz, a former Austrian prime minister, co-founded Dream in 2023. Over the past few years, governments worldwide have faced a wave of increasingly sophisticated cyber threats, including situations such as: Colonial Pipeline Attack (2021) : A ransomware attack on one of the largest fuel pipelines in the U.S.
Generative AI can be used by attackers, but security professionals shouldn't lose sleep over it, according to a Google Cloud threat intelligence analyst. Find out why.
And the potential for abuse will grow when the farmers start using artificialintelligence. By 2020, it had more than doubled, and it more than doubled again by 2023. According to the agency’s 2023 financial report , the SEC paid out nearly $600 million to whistleblowers last year. Today, the U.S.
And get the latest on ransomware trends; CIS Benchmarks; and data privacy. 1 - WEF: Best practices to adopt AI securely As businesses scramble to adopt artificialintelligence to boost their competitiveness, theyre also grappling with how to deploy AI systems securely and in line with policies and regulations.
Modern cyber threats don't respect geographical boundaries—a ransomware attack originating in one country can quickly impact organizations worldwide. To effectively marshal its resources and guide operations, CISA issued the 2023-2025 CISA Strategic Plan , the agency's first comprehensive strategic plan since CISA's establishment in 2018.
Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.
As I sit here, reflecting on the recent news of the ransomware attack on pathology lab Synnovis, I can’t help but feel a sense of unease wash over me. IBM’s 2023 Cost of a Data Breach Report showed the global average cost of a data breach reached $4.45
Data breaches, ransomware attacks, and phishing schemes have become common occurrences, affecting everything from small businesses to multinational corporations. In 2023 alone, global cybercrime damages were projected to reach $10.5 trillion annually. Consequently, job opportunities in the field have surged, with the U.S.
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