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

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Ransomware review: October 2023

Malwarebytes

This article is based on research by Marcelo Rivero, Malwarebytes' ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher.

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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

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FBI warns of ransomware gang – What you need to know about the OnePercent group

CyberSecurity Insiders

The FBI recently published a warning stating that ransomware gang OnePercent Group has been attacking companies in the US since November 2020. This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email.

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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.

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Australia Recorded the Highest Rate of iOS & Android App Threats

Appknox

Apple iOS users often fall prey to mobile scams; around 30.1% Mobile devices pave the way to launch ransomware attacks on Australian businesses of every scale and domain. Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. Australian Mobile Cybersecurity in 2022.

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Security Roundup June 2023

BH Consulting

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. And 95 per cent of breaches are financially motivated, the report found. When is a cybersecurity incident a GDPR data breach?