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What Are the Risks of a Data Breach?

Identity IQ

What Are the Risks of a Data Breach? IdentityIQ In a society dominated by digital interconnectedness, the risks associated with data breaches loom over individuals, businesses, and society at large. What Is a Data Breach? Avoid using public Wi-Fi networks for sensitive transactions or data.

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2023: A Year of Record-Breaking Data Breaches

Identity IQ

2023: A Year of Record-Breaking Data Breaches IdentityIQ This past year has been an eye-opening year in the realm of digital security. Data breaches reached an all-time high, leaving a trail of identity theft cases. Breaches cripple businesses, harming their reputations as well as their finances.

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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).

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Cyber Attack on France’s website leads to data breach

CyberSecurity Insiders

A sophisticated cyber attack launched on the visa website of French government has led to a data breach where sensitive info related to applicants such as nationalities, birth dates and passport numbers were exposed to hackers. Usually, in a ransomware attack, hackers steal data and then encrypt the database until a ransom is paid.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 0ktapus often leveraged information or access gained in one breach to perpetrate another. 9, 2024, U.S. technology companies during the summer of 2022.

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Saudi Ministry exposed sensitive data for 15 months

Security Affairs

They could try to encrypt critical government data, demanding a ransom for its release or threatening to leak sensitive information publicly,” our researchers said. file leaked several types of database credentials, mail credentials, and data encryption keys. The exposed env. The now closed env.

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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. The end result of these types of cyber attacks are often highly public and damaging data breaches.