The Federal Bureau of Investigation (FBI) has unveiled its Internet Crime Report for 2024, highlighting a remarkable escalation in losses attributed to cybercrime, which now stand at approximately $16.6 billion. This staggering sum stems from a wealth of complaints received by the Internet Crime Complaint Center (IC3), which operates as…
As technology progresses, so do the methods employed by identity thieves. The Better Business Bureau (BBB) has issued a warning to consumers regarding the increasing risks associated with identity theft, exacerbated by advancements in artificial intelligence, the dark web, and a surge in data breaches. Identity theft manifests in various…
In 2024, organizations globally incurred a staggering $813 million in payments to cybercriminals due to ransomware incidents. This substantial figure underscores the heavy financial toll that cybercrime exacts on businesses. A notable example includes the December 2024 cyberattack on Rhode Island, where state officials succumbed to a $5 million ransom…
The Trump administration has taken steps to rescind humanitarian parole for approximately 532,000 individuals from Cuba, Haiti, Nicaragua, and Venezuela, who arrived in the United States under a program established during the Biden administration. This move, which would have subjected these individuals to expedited deportation starting April 24, faced immediate…
Oracle Issues Private Notification of Cloud Data Breach to Clients Pierluigi Paganini April 06, 2025 Oracle Acknowledges Cloud Data Breach While Downplaying Its Severity Oracle has confirmed a recent data breach involving its cloud services, notifying clients while attempting to minimize the incident’s significance. The breach reportedly stems from unauthorized…
In a recent incident involving faculty member Xiaofeng Wang and his spouse, Nianli Ma, Indiana University (IU) has found itself at the center of a federal investigation, leading to the termination of Wang’s employment on March 28. According to Jason Covert, part of the legal team representing Wang and Ma,…
A cybercriminal group known as Cloak has publicly asserted its role in a cyberattack against the Virginia Attorney General’s office that took place in February 2025. This incident has resulted in significant disruption, prompting officials to implement emergency protocols to manage the aftermath. Chief Deputy Attorney General Steven Popps communicated…
The Federal Bureau of Investigation (FBI) has issued a critical advisory targeting users of Gmail, warning of an ongoing campaign orchestrated by the Medusa Ransomware group. This cybercriminal organization is recognized for its aggressive tactics, which involve the encryption of victims’ files and substantial ransom demands, sometimes exceeding millions of…
The FBI and CISA have issued a warning regarding escalating Medusa ransomware attacks targeting critical infrastructure. This report details Medusa’s operational tactics, recommended safeguards, and the rationale against ransom payments. A joint advisory from the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) has underscored…
