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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5 For more information please go to: beazley.com Media contact: Craig Ingber, Account Manager, Omnia Paratus, T: 908-403-2191, craig@omniaparatus.com # # # trillion by 2025, a 300% increase since 2015 1.

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An odd kind of cybercrime: Gift vouchers, medical records, and.food

Malwarebytes

His compromise modus operandi was a combination of breaking into networks run by food retailers, and breaking into networks containing confidential patient records. Foy was able to gain access to many victims’ accounts as they often used the same passwords across more than one account.

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How Cybercriminals are Weathering COVID-19

Krebs on Security

Most online retailers years ago stopped shipping to regions of the world most frequently associated with credit card fraud, including Eastern Europe, North Africa, and Russia. A screen shot from a user account at “Snowden,” a long-running reshipping mule service.

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Hybrid phishing and vishing attacks hunt for credit card info

SC Magazine

A new blog post report has shone a light on the malicious practice known as voice phishing or vishing – a social engineering tactic that some cyber experts say has only grown in prominence since COVID-19 forced employees to work from home. (Ser Amantio di Nicolao, CC BY-SA 3.0 , via Wikimedia Commons).

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Top 5 Industries Most Vulnerable to Data Breaches in 2023

Security Boulevard

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. A lack of security features to upgrade or downgrade a user may result in mismanagement of user accounts.

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Security Affairs newsletter Round 291

Security Affairs

Pierluigi Paganini. SecurityAffairs – hacking, newsletter). The post Security Affairs newsletter Round 291 appeared first on Security Affairs.

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Cyberthreats to financial organizations in 2022

SecureList

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. Cracking down hard on the cybercrime world. Analysis of forecasts for 2021. We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular.