Phishing and human error are identified as the primary drivers of data breaches, according to a recent survey. A newly released survey indicates that 69% of companies in the UK reported breaches to the Information Commissioner’s Office (ICO) within the last year, representing a significant increase from 53% in 2024.…
Fraud Management & Cybercrime, Social Engineering Russian-Speaking Hacker Group FIN6 Employs Job Fraud Tactics Prajeet Nair (@prajeetspeaks) • June 11, 2025 Image: Shutterstock A financially-motivated hacking group known as FIN6 is reportedly engaging in job fraud by impersonating job candidates to target recruiters, utilizing fake resumes hosted on reputable cloud…
LoanCare Experiences Significant Data Breach, Claim Deadline Approaches LoanCare has recently faced a considerable data breach, raising important concerns regarding the security of customer information. If you have received notification regarding this incident, it is critical to act swiftly, as today marks the final opportunity for affected individuals to file…
In a noteworthy development this week, German authorities have disclosed the identity of the elusive leader of the Trickbot ransomware gang, known only by the alias Stern. This figure has managed to remain anonymous even as other gang members have been identified through various leaks. The individual in question, Vitaly…
A recent analysis conducted by Cybernews Business Digital Index (BDI) has unveiled critical cybersecurity deficiencies among the world’s leading oil and gas companies. Alarmingly, 69% of these corporations received grades of D or F, highlighting significant vulnerabilities across their cybersecurity measures. Moreover, over half of the firms faced at least…
Data Breach Notification, Data Security, Fraud Management & Cybercrime Recent Findings Highlight Growing Risks of Data Breaches Beyond Ransomware Mathew J. Schwartz ( euroinfosec) • May 8, 2025 Image: Otto Soglow / Hennepin County Library The landscape of data breaches has grown increasingly complex, with organizations facing not only ransomware…
Cybersecurity experts from Google have issued a warning about the Scattered Spider hacking group, which is now shifting its focus from the UK to retail sectors in the United States. Scattered Spider, a group infamous for its disruptive attacks on UK retailers, is now actively targeting US retail companies. This…
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…
Coinbase, a leading cryptocurrency exchange based in the United States, recently fell victim to a substantial cyberattack, with potential losses projected between $180 million and $400 million for the current fiscal year. This assessment stems from an internal analysis conducted by the exchange, which indicated a notable decline in share…
