Tag Cybercrime

Experts Advocate for a Cautious Evaluation of Russian Hacking Activities

Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Geo Focus: The United Kingdom UK Minister Pat McFadden’s Statements Prompt Cybersecurity Concerns Akshaya Asokan (asokan_akshaya) • November 25, 2024 Pat McFadden, U.K. Minister for Intergovernmental Relations (Image: U.K. Government) Recent comments from UK Minister for Intergovernmental Relations, Pat McFadden, regarding the…

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Finastra, the Fintech Leader, Explores Data Breach Incident – Krebs on Security

Cybersecurity Incident: Finastra Investigates Data Theft from Internal Platform The financial technology company Finastra, which services a significant portion of the banking sector, is currently dealing with a serious security breach involving the theft of confidential information from its internal file transfer system. KrebsOnSecurity has confirmed that over 400 gigabytes…

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India Fines WhatsApp $25 Million and Imposes 5-Year Data Sharing Ban

Fraud Management & Cybercrime, Geo Focus: Asia, Geo-Specific India’s Competition Regulator Fines WhatsApp Over Mandatory Data Sharing Policies Jayant Chakravarti (@JayJay_Tech) • November 19, 2024 Meta headquarters in Menlo Park, Calif. (Image: Shutterstock) The Competition Commission of India has imposed a fine exceeding $25 million on Meta, the parent company…

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ISMG Editors: Ransomware – An Escalating Public Health Emergency

Fraud Management & Cybercrime, Healthcare, Industry Specific In the Spotlight: Anticipating Donald Trump’s Second Term; A Noteworthy Cybersecurity Merger Anna Delaney (annamadeline) • November 15, 2024 Clockwise from top left: Anna Delaney, Marianne Kolbasuk McGee, Chris Riotta, and Michael Novinson The latest discussion among the ISMG editorial team has spotlighted…

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Potential Responses of Global Threat Actors to a Second Trump Administration

Cybercrime, Fraud Management & Cybercrime, Government Experts Anticipate Escalating Cyber Threats as Trump Eyes Second Term Chris Riotta (@chrisriotta) • November 11, 2024 Experts warn of intensified Russian attacks on countries aligning with the European Union. (Image: Shutterstock) As speculation grows around a potential second term for former President Donald…

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White House Condemns Russia for Ransomware Attacks on Healthcare Sector

Fraud Management & Cybercrime, Ransomware UN Members Call for Enhanced Resilience of Critical Infrastructure to Address Cyber Threats Mathew J. Schwartz (@euroinfosec) • November 11, 2024 Image: Shutterstock In a significant development, a Biden administration official highlighted during a United Nations Security Council briefing that ransomware has transcended its classification…

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Global Law Enforcement Operation Targets 22,000 Malicious IP Addresses

International Police Coalition Targets Cybercrime Networks In a significant crackdown on cybercriminal activities, an international coalition of law enforcement agencies has successfully disrupted a variety of online scams, including phishing attempts, credential theft, and ransomware distribution. This operation, known as Synergia II, was spearheaded by Interpol and spanned from early…

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The Decline of Ransomware Attacks in 2024: Implications and Insights

Ransomware Landscape Sees Shift as Attacks Decline in Early 2024 The ransomware sector experienced a significant transformation in early 2024, following a notable increase in incidents throughout 2023. The year closed with an alarming 5,070 victims globally, reflecting a staggering 55.5% rise in ransomware attacks. However, as the new year…

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