The healthcare sector is grappling with an escalating security crisis, as over two-thirds of healthcare organizations reported experiencing ransomware attacks in 2024. In what can only be described as a troubling trend, five of the top ten ransomware incidents last year targeted healthcare facilities, with recovery costs averaging more than…
The Toronto District School Board (TDSB) has issued a warning to parents and staff regarding a renewed cyber threat linked to a significant data breach involving PowerSchool, a leading education technology provider. The public disclosure, made on Wednesday, follows an earlier incident where PowerSchool admitted to an extortion attempt after…
Following a significant data breach, PowerSchool has reportedly paid a ransom, only to find hackers now targeting educational staff and institutions with direct extortion threats. On December 28, 2024, PowerSchool, a prominent player in the education technology sector, suffered one of the largest data breaches in the history of U.S.…
As incidents of cyberattacks on UK retailers escalate, insurance providers are reevaluating their approaches to cyber insurance tailored for this sector. The surge in both the frequency and complexity of attacks has led underwriters to consider substantial increases in premiums—potentially by as much as 10 percent—or in some cases, to…
Spike in Phishing Attacks: SpyCloud Uncovers Extensive Data Leak Austin, Texas – May 7th, 2025, CyberNewsWire – SpyCloud, a prominent leader in identity threat protection, has unveiled a startling analysis revealing nearly 6 million phished data records harvested from the criminal underground over the past six months. This comprehensive study…
In an ever-evolving digital landscape, the frequency and sophistication of cyber threats continue to escalate, highlighting the importance of staying well-informed. At BreachSpot.com, our dedicated cybersecurity news blog provides timely updates on significant data breaches, ransomware incidents, and pertinent industry trends. We aim to deliver comprehensive coverage, addressing both widespread…
In a significant escalation of cyber threats, the National Cyber Security Centre (NCSC) in the UK has raised alarms in response to a series of ransomware attacks targeting high-profile businesses such as Harrods, Marks & Spencer, and Co-Op. As malicious actors have increasingly focused on the retail sector, the NCSC’s…
In recent developments, the cybersecurity landscape has been significantly impacted by the emergence of Chimera malware, a sophisticated variant that diverges from traditional malware paradigms. Unlike typical ransomware, which primarily locks users out of their systems or encrypts data for ransom, Chimera leverages advanced artificial intelligence tools, complicating detection by…
Cobb County Confirms Ransom Attack Data Breach Cobb County authorities have acknowledged that a March data breach affecting the personal information of at least ten individuals was, in fact, a ransom attack. The county reported that it decided against meeting the ransom demands made by the hackers, opting instead to…
