CFOtech India - Technology news for CFOs & financial decision-makers

Cybercrime stories - Page 21

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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Resilience named as National Cyber Resilience Centre Group Ambassador

Fri, 3rd May 2024
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smart home
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risk & compliance
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hybrid & remote work
Resilience, the cyber risk solution tech company, has been named the newest National Ambassador by the UK's National Cyber Resilience Centre Group (NCRCG), in the bid to boost cyber resilience awareness in the commercial and third-sector communities.
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Ransomware activity spikes 20%, hospitals now in crosshairs

Thu, 25th Apr 2024
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ransomware
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healthtech
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cybercrime
Ransomware victims surge nearly 20% YoY in Q1 2024, with active ransomware groups increasing by 55% despite law enforcement efforts.
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Cybersecurity services market to hit $445.3 billion by 2032

Wed, 10th Apr 2024
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malware
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devops
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casb
Rapid rise in cybercrimes forces urgent global reappraisal of security strategies in government, defence, and IT sectors amid projections of cybersecurity services market growing to $445.3bn by 2032.
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Mandiant reveals threats to Ivanti Connect Secure appliances

Mon, 8th Apr 2024
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edutech
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advanced persistent threat protection
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cybersecurity
Mandiant reveals new findings on threat actors exploiting vulnerabilities in Ivanti Connect Secure appliances, laying bare a disturbing mix of state-linked and profit-driven cyberattacks.
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Ransomware retains top spot, Sophos cybercrime report reveals

Wed, 3rd Apr 2024
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firewalls
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ransomware
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network security
Sophos' Active Adversary Report 2023 unveils persistent ransomware threats, rising use of compromised credentials in cyberattacks.
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Veritas upgrades Backup Exec to escalate cyber defence for Australian SMBs

Thu, 28th Mar 2024
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data protection
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dr
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it automation
Veritas Technologies releases upgrades for its Backup Exec solution, offering added cyber-resilience features for small and medium-sized businesses amid a 14% increase in Aussie cybercrime.
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Rising trend of cybersecurity experts turning to cybercrime

Tue, 12th Mar 2024
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cybersecurity
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job seekers
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dark web
CIISec flags growing concern over cybersecurity professionals engaging in cybercrime, incited by the enticing monetary gains of the dark web.
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Kaspersky study: 40% of firms face shortage in cybersecurity hiring

Wed, 28th Feb 2024
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firewalls
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network security
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breach prevention
Over 40% of firms face a crippling lack of qualified cybersecurity professionals, contributing to heightened security risks, a new global study by Kaspersky exposes.
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Trend Micro dismantles major ransomware group LockBit

Wed, 28th Feb 2024
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malware
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advanced persistent threat protection
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cybersecurity
Trend Micro collaborates with global law enforcement agents to disrupt major ransomware group, LockBit, responsible for a quarter of 2023's ransomware leaks amounting to billions of dollars.
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AI's double-edged sword in cybersecurity, says Techopedia report

Wed, 28th Feb 2024
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advanced persistent threat protection
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ai
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cybersecurity
AI's influence on cybersecurity is double-edged, with rising cybercrime attributed to hackers using AI, yet findings show businesses using AI security solutions have reduced breach costs, a Techopedia report reveals.
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Kyndryl & Veeam unite for global cyber resilience services

Thu, 22nd Feb 2024
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data protection
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partner programmes
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veeam software
Kyndryl and Veeam Software form global strategic alliance, offering comprehensive cyber resiliency and data protection services.
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Global surge in DDoS attacks causes dire financial consequences

Tue, 20th Feb 2024
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uc
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cybersecurity
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healthtech
A new report indicates a rise in global Distributed Denial of Service DDoS attacks in 2023, with attack durations soaring 400%.
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Human Managed launches CPM Bundle for data-driven cybersecurity

Thu, 15th Feb 2024
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risk & compliance
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cybersecurity
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cybercrime
In response to rising cyber threats, Human Managed has introduced its Cyber Posture Management (CPM) Bundle, offering businesses a streamlined approach to cybersecurity management.
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Exclusive: The BlueVoyant philosophy driving success

Thu, 15th Feb 2024
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supply chain
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genai
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ai
Exploring the efficacy of BlueVoyant's 'good, accurate and fast' philosophy: rapid growth in Australia and a reliance on AI make the cybersecurity firm a standout in the global industry.
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QR code attacks surge on C-Suite executives, reveals Abnormal Security report

Sat, 10th Feb 2024
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mfa
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phishing
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email security
Cybercriminals are increasingly employing quishing attacks, utilising malicious QR codes to target high-ranking officials and smaller businesses, reveals AI-native cloud email security platform, Abnormal Security.
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'ResumeLooters' cyber-attack disrupts 65 companies across Asia-Pacific

Thu, 8th Feb 2024
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devops
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apm
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software development
'ResumeLooters' cybercrime campaign compromises 65 businesses in Asia-Pacific, exploiting weaknesses in job search and retail sites to steal and sell personal data of over 2 million individuals.
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Group-IB & INTERPOL collab tackles global cybercrime

Tue, 6th Feb 2024
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phishing
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email security
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cybersecurity
Operation Synergia shutdown hundreds of malicious servers, thanks to cybersecurity firm Group-IB and INTERPOL.
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Acronis joins Microsoft Intelligent Security Association for cyber protection

Fri, 2nd Feb 2024
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data protection
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cloud security
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cybersecurity
Cyber protection provider Acronis has joined the Microsoft Intelligent Security Association (MISA) to further integrate its Cyber Protect Cloud with Microsoft's security tech to combat rising cyber threats.
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Cyber crime damage costs firms up to $5m annually, says Barracuda

Wed, 31st Jan 2024
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ransomware
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phishing
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email security
Annual business cybercrime recovery costs can reach up to $5m, with firms fearing a rise in GenAI-powered attacks, according to a Barracuda Networks report.
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Kaspersky exposes AI exploitation trend on the dark web

Tue, 30th Jan 2024
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malware
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ai
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cybersecurity
Kaspersky study reveals an alarming increase in criminals discussing the use of AI tools for cyber exploitation on the dark web.