Remove Data breaches Remove Identity Theft Remove Ransomware Remove Scams
article thumbnail

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. Businesses faced constant threats with phishing scams , malware , and other tactics.

article thumbnail

For Whom the Dell Tolls: Data Breach Affects 49 Million Customers

SecureWorld News

Dell, one of the world's largest technology companies, has just disclosed a major data breach that may have compromised the personal information of tens of millions of current and former customers. The breach went undetected for several months before finally being discovered in early 2023.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

QR Code Scams: What You Need to Know About This Phishing Tactic

Thales Cloud Protection & Licensing

QR Code Scams: What You Need to Know About This Phishing Tactic madhav Tue, 03/19/2024 - 06:10 In a world where individuals and organizations alike are increasingly dependent on digital processes, cybercriminals are constantly looking for and developing new ways to exploit technology to take advantage of their targets.

Scams 71
article thumbnail

FBI: Investment Scams Surpass BEC as Most Costly Cybercrime

SecureWorld News

Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? Alright, how many of you saw a cryptocurrency ad on TV in 2022? Oh, yeah, everyone did. How many of you acted on those ads and actually purchased crypto? Probably some of you. According to the U.S.

article thumbnail

BEC Is 62 Times More Profitable than Ransomware, IC3 Finds

Hot for Security

The FBI’s Internet Crime Complaint Center (IC3) is out with its annual Internet Crime Report, revealing that Business Email Compromise (BEC) remains a lucrative affair for cyber crooks – 62 times more lucrative than ransomware. On the ransomware front, the IC3 received 2,474 complaints with adjusted losses of over $29.1

article thumbnail

You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. billion in BEC scam-related losses the year before. The report also noted an uptick in BEC scams targeting payroll funds in 2019.

Scams 130
article thumbnail

BEC Still #1, but Investment Fraud passes Romance Scams

Security Boulevard

For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam. The criminals have discovered how many people don't understand investing in cryptocurrency and have turned Investment Scams into a new money factory. . #1 Personal Data Breach. Identity Theft.

Scams 98