Source: M.photostock / Getty STATEWIDE — The FBI Internet Crime Complaint Center (IC3) released their fraud report for 2023 on Tuesday. The report included statistics for each individual state on the types of cyber-crimes committed and the total money lost over the course of the year. In total Hoosier’s were scammed out of over 100-million-dollars...Read More

How can security teams be ready for holiday cyberattacks and a seasonal peak in cybercrime? Holiday cyberattacks are on the rise. The vacation season, be it Christmas, Hanukkah, Easter, St. Patrick’s Day, the summer break, or Diwali, is ideally synonymous with rest and relaxation. The odd barbecue, visiting relatives, or attending events and parties with...Read More

New Delhi: A significant workshop was held in New Delhi, hosted by the Department of Financial Services (DFS) and the Indian Cyber Crime Coordination Centre (I4C), part of the Ministry of Finance and Ministry of Home Affairs respectively. The half-day event marked a pivotal step toward strengthening the collaboration between government agencies, fintech startups, and...Read More

According to Cybersecurity Ventures, by 2025, the average cost of damages by global cybercrime is predicted to be around $10.5 trillion. Ultimately, this statistic shows how much the digital world can pose significant threats to individuals, businesses, and industries. However, with enlightenment comes knowledge, and preliminary measures can be taken to avoid getting mixed up...Read More

A feature of the simmering tensions between the US, Israel and Iran has been not just the tit-for-tat missile and drone strikes and assassinations, but accusations of cyberwarfare waged by Iran. On April 23, the US Treasury announced it was sanctioning two Iranian companies and four Iranian individuals for conducting malicious cyberattacks against more than...Read More

Black Kite Black Kite Research & Intelligence Team (BRITE) analysis of nearly 4,900 ransomware attacks sheds light on the evolving tactics of cybercriminals, their operations and the profound impact on victims worldwide BOSTON, April 30, 2024 (GLOBE NEWSWIRE) — Black Kite, the leader in third-party cyber risk intelligence, today published its annual report, based on...Read More

More than 19,000 online accounts on a California state platform for welfare programs may have been accessed by hackers for nearly a year. Officials at the California Statewide Automated Welfare System filed breach notification documents with state regulators earlier this month, warning participants in the BenefitsCal program about an intruder. A spokesperson explained that BenefitsCal...Read More

Cyber Sleuths Recover 1 Crore from FraudstersA prompt response by a cybercrime victim in Nacharam led the TS-Cyber Security Bureau to recover Rs 1 crore from fraudsters. The victim swiftly alerted the bank and lodged a complaint within 12 minutes of discovering unauthorized transactions. TS-CSB officials intercepted the fraudulent funds before they reached the criminals’...Read More

On April 17, 2024, a joint effort between the Dresden Public Prosecutor’s Office and the Cybercrime Competence Center of the Saxony State Criminal Police Office, in collaboration with a U.S. investigative agency, won significantly in the ongoing battle against cybercrime.  The operation, aptly named “PowerOFF,” successfully dismantled a criminal online platform in Germany and abroad. ...Read More

In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merchants. He also highlights the emerging threat of AI-powered voice scams, urging businesses to implement MFA, behavioral biometrics, and...Read More