cybercrime

Cybercriminals shift focus to social media as attacks reach historic highs
A new report from Gen highlights a sharp rise in online threats, capping off a record-breaking 2024. Between October and December alone, 2.55 billion cyber threats were …

Pig butchering scams are exploding
2024 is set to be a record year for scammers who received at least US$9.9 billion in crypto revenues from their illicit activities, according to Chainalysis. This figure is …

Over 3 million Fortune 500 employee accounts compromised since 2022
More than three million employee-linked corporate accounts were compromised between 2022 and 2024 across Fortune 500 companies, according to Enzoic. This surge is fueled by …

Overconfident execs are making their companies vulnerable to fraud
Cyber fraud (which includes activity such as hacking, deepfakes, voice cloning and highly sophisticated phishing schemes) rose by 14% year over year, according to Trustpair. …

More destructive cyberattacks target financial institutions
Financial institutions will continue to be the ultimate targets for criminals and threat actors, as a successful attack offers a significant payoff, according to Contrast …

Nine out of ten emails are spam
Now, more than ever, users can fall prey to word-perfect AI-created phishing campaigns, subtle BEC messages that sound remarkably like the sender, and highly convincing ploys …

Cybercrime forums Cracked and Nulled seized, operators arrested
Law enforcement from Germany, Australia, Spain, Greece, Romania, Italy, France and the USA have seized and shut down Cracked and Nulled, the two largest cybercrime forums in …

Cybersecurity crisis in numbers
The number of US data compromises in 2024 (3,158) decreased 1% compared to 2023 (3,202), 44 events away from tying a record for the number of compromises tracked in a year, …

Only 13% of organizations fully recover data after a ransomware attack
Ransomware attacks are disrupting and undermining business operations and draining revenue streams, according to Illumio. Findings from the study reveal that 58% of …

Mirai botnet behind the largest DDoS attack to date
Researchers have uncovered two Mirai-based botnets harnessing Internet of Things (IoT) devices to DDoS target organizations around the world. The Murdoc botnet Qualys …

China-aligned PlushDaemon APT compromises supply chain of Korean VPN
ESET researchers have uncovered a supply chain attack targeting a South Korean VPN provider, carried out by PlushDaemon, a newly identified China-aligned APT group. In this …

Alleged Blender, Sinbad cryptomixer operators arrested, indicted
Three Russian nationals have been indicted in the Northern District of Georgia for their alleged role as operators of cryptocurrency mixing (cryptomixer) services Blender.io …