Cybercrime, Fraud Management & Cybercrime Malware Exploits Cybercrime Ecosystem for Profit Prajeet Nair (@prajeetspeaks) • December 16, 2024 “Glutton” malware is stealing from cybercriminals. (Image: Shutterstock) Recent revelations highlight how hackers are employing a variant of a backdoor traditionally associated with a Chinese threat actor suspected to have connections to…
Data Breaches Reach Alarming Highs in 2024: Key Insights for Business Owners Recent reports indicate a significant escalation in data breaches, with over 100 million accounts in North America alone compromised during the third quarter of 2024. This staggering figure constitutes approximately 25% of the total affected accounts in the…
Summary of Recent Ransomware Incident Involving Cicada3301 The ransomware group known as Cicada3301 has claimed responsibility for a significant data breach impacting Concession Peugeot, a well-known French automotive dealership associated with the Peugeot brand. According to the group, approximately 35GB of sensitive information has been compromised, further intensifying their ongoing…
Arctic Wolf to Acquire Cylance for $160 Million, Enhancing Cybersecurity Offerings with EDR/XDR Integration Arctic Wolf, a prominent figure in security operations, has announced plans to acquire the struggling Cylance endpoint security business for $160 million. This acquisition marks a strategic shift for Arctic Wolf, transitioning from a service-oriented model…
The volume of data compromised in breaches throughout this year has surpassed the population of the United States, highlighting the alarming scale of identity data vulnerabilities. One of the significant incidents involved National Public Data, a data broker, which accounted for an astounding 2.7 billion records leaked in a single…
Rhode Island Government Targeted in Cyber Extortion Attempt, Public Benefits System Shut Down In a significant security breach, hackers allegedly infiltrated Rhode Island’s public benefits system with the intention of extorting the state government. This cyberattack prompted state officials to take immediate action, resulting in the suspension of online services…
Understanding the AI Readiness Gap: Insights from Unisys’ Brett Barton As businesses increasingly recognize the necessity of artificial intelligence (AI) as a cornerstone of future strategies, a recent conversation with Brett Barton, vice president and global AI practice leader at Unisys, highlights a striking paradox. Despite over 93% of organizations…
Vercara’s 2024 Consumer Trust & Risk Report Highlights Cybersecurity Perspectives Among U.S. Consumers HERNDON, Va., December 16, 2024—Vercara, a prominent provider of cloud-based security services, has released the second edition of its Consumer Trust & Risk Report, shedding light on consumer attitudes toward data breaches and brand trust. The findings…
A recent analysis from a CISA employee suggests that future compliance initiatives, particularly those aimed at ensuring security by design, may face diminishing support. This change in corporate oversight is expected to be a key focus for tech leaders like Elon Musk, especially as they align themselves with figures such…
