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Tag: Ransomware Attacks

FBI cybercrime report reveals crypto investment fraud in the US rose 53% YoY

The FBI’s Internet Crime Complaint Center (IC3) has released its 2023 report, revealing a significant rise in crypto-related fraud and the use of digital...

Unveiling the State of Cyber Security in the Nation

Johannesburg, South Africa, Mar 8, 2024 - (ACN Newswire) - Cybersecurity is crucial in South Africa due to its reliance on digital technologies and...

Data Security Risks and Threats Every Business Should Be Aware Of

With the increasing digitalization of the world, businesses of all sizes are...

Infrastructure Cyberattacks, AI-Powered Threats Pummel Africa

Most major economies in Africa experienced fewer overall cyber threats in 2023, but there were some dramatic exceptions: Kenya suffered a 68% rise in...

China Launches New Cyber-Defense Plan for Industrial Networks

China's Ministry of Industry and Information Technology (MIIT) this week released a new strategy for improving data security within the nation's industrial sector. The goal...

The Next Gen of Cybersecurity Could Be Hiding in Big Tech

COMMENTARYThe world is facing an unprecedented number of cyber threats and historic low numbers of cybersecurity staff. While cybersecurity and IT aren't one-to-one industries,...

OFAC Flags 10 Wallet Addresses Linked to LockBit Affiliates in Ransomware Crackdown

The Treasury Department’s Office of Foreign Assets Control (OFAC) included numerous wallet addresses associated with two individuals from Russia in its list of specially...

Privacy Beats Ransomware as Top Insurance Concern

As corporate directors and security teams scramble to ensure they meet the Securities and Exchange Commission's (SEC) new cybersecurity regulations, claims due to mishandling...

Hubris May Have Contributed to Downfall of Ransomware Kingpin LockBit

For all its vaunted success, the LockBit ransomware operation appears to have already been beset by problems when an international law enforcement effort led...

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