Fraud Management & Cybercrime, Incident & Breach Response, Ransomware After Vendor Paid for Data-Deletion Promise, Criminals Extort Schools Directly Mathew J. Schwartz (euroinfosec) • May 8, 2025 Let’s gather around and listen to the story of the ransomware hackers who deleted stolen data. (Image: Shutterstock) In a troubling turn of…
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…
Countries such as the United Kingdom, the United States, Australia, and Canada have implemented cyber regulations mandating organizations impacted by ransomware attacks to disclose these incidents within a set timeframe. Generally, the reporting window is between 48 to 72 hours, depending on the specific regulatory requirements of each nation. This…
Fraud Management & Cybercrime, Ransomware ‘Lite Panel’ Provides Easy Entry for Ransomware Operators at $777, Reports Researcher Mathew J. Schwartz (euroinfosec) • May 16, 2025 Ransomware groups are continually evolving their strategies to extort organizations, both large and small. The introduction of a more accessible “lite” version of LockBit’s ransomware-as-a-service…
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…
Dior Faces Ransomware Attack, Potential Data Breach Raises Concerns In a troubling development for the fashion industry, French luxury brand Dior has reportedly suffered a ransomware attack. Hackers are believed to have gained unauthorized access to the company’s internal servers, putting sensitive customer data at risk. Early reports indicate that…
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…
In a concerning development within the cybersecurity landscape, a new iteration of ransomware has shifted focus from traditional file-encrypting tactics to a more sophisticated type of malware that targets the Central Processing Unit (CPU). Hackers have long exploited file-encrypting malware that locks users out of their data, demanding cryptocurrency for…
