Cyber Attack on Coinbase: Ransom Demand Following Data Breach In a significant cybersecurity incident, Coinbase has reported that cyber criminals successfully accessed sensitive customer information and have since demanded a ransom of $20 million. This alarming development highlights the growing vulnerabilities that even established tech companies face in today’s digital…
Cybercrime, Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime Recent Discovery: DOGE Employee’s Credentials Exposed in Infostealer Dumps Anviksha More (AnvikshaMore) • May 15, 2025 Image: Shutterstock/ISMG Each week, the Information Security Media Group compiles significant cybersecurity incidents and data breaches worldwide. This week, a severe flaw in SAP NetWeaver…
In 2024, there were a total of 1,113 data breach notifications, marking a significant 25% rise compared to the incidents documented in 2023. Subscribe Subscribe to Regulation Asia to access the leading platform in the APAC region for news, analysis, research, and verified data concerning financial regulations. For more details…
Data Privacy, Data Security, Fraud Management & Cybercrime Cloud Services Provider Agrees to $1.9M Settlement Following 2020 Patient Data Breach Marianne Kolbasuk McGee (HealthInfoSec) • May 15, 2025 Image: Netgain Technology Netgain Technology, a cloud services provider based in Minnesota, has reached a $1.9 million settlement related to a ransomware…
Australia Experiences Surge in Data Breaches Amidst Escalating Cyber Attacks in 2024 In a troubling development for cybersecurity in the southern hemisphere, Australia has reported an unprecedented increase in data breaches for the year 2024. The escalation of these breaches signals a worrying trend that poses significant risks for businesses…
3rd Party Risk Management, Geo Focus: The United Kingdom, Geo-Specific NHS Encourages Cybersecurity Commitment from Suppliers Akshaya Asokan (asokan_akshaya) • May 15, 2025 Image: Chris Dorney/Shutterstock The United Kingdom’s National Health Service (NHS) is urging its suppliers to adopt voluntary cybersecurity measures aimed at mitigating the risk of disruptive cyberattacks.…
Settlement in Landmark Case Tied to Data Breach on Breachforums In a notable legal development, a 22-year-old former administrator of the cybercrime forum Breachforums has agreed to pay nearly $700,000 to resolve a civil lawsuit filed by a health insurance company. The lawsuit ensued after sensitive customer data was put…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Recent Developments: Sentencing of an Irish Crypto Launderer and an ISIS Financier Rashmi Ramesh (@rashmiramesh_) • May 15, 2025 Image: Shutterstock Every week, Information Security Media Group summarizes cybersecurity incidents in digital assets. This report includes prison sentences for a former…
A recent report has highlighted significant gaps in data security measures within healthcare institutions, drawing a stark comparison to the safeguards employed by financial institutions. An individual cited by CBC expressed concern, asking, “How can a banking institution have those sorts of safeguards in place, but there are no alerts…
