Fraud Surpasses $10 Billion in Losses for Americans in 2023
In 2023, Americans Fell Victim to $10 Billion in Fraud, with Investment Schemes Leading the Losses. Federal Trade Commission data reveals that fraud costs Americans over $10 billion in 2023, with investment scams responsible for nearly half of these losses.
Bank of America Warns Customers of Data Breach Amid Cybersecurity Incident
Bank of America is alerting its customers about a data breach that occurred due to a security lapse at Infosys McCamish Systems, a company that provides services for deferred compensation plans at the bank.
Cyberattack Costs Clorox $49 Million: Response Expenses Revealed
Clorox, an American manufacturer of consumer and professional cleaning products, has confirmed that a cyberattack in September 2023 has resulted in expenses totaling $49 million related to incident response efforts.
Cyberattack Temporarily Disrupts Maine Healthcare Provider's Systems
A major Maine healthcare provider experienced a cyberattack targeting its computer servers over the weekend, prompting the company to temporarily shut down all patient records access.
Global ransomware threat expected to rise with AI, NCSC warns
Source: NCSC
Artificial intelligence (AI) is expected to increase the global ransomware threat over the next two years cyber chiefs have warned in a new report published today (Wednesday).
Sweden's Riksbank Takes Legal Action After Ransomware Attack on Tietoevry IT Systems
The Swedish central bank, Riksbank, has taken legal action by filing a police report following a ransomware assault on Tietoevry, a software company.
SEC Cybersecurity Crisis: Hacked Account Posts False Bitcoin ETF Approval
The US Securities and Exchange Commission (SEC) Acknowledges Hacking of Official Account in a Cybersecurity Breach
JPMorgan Chase Faces Surge in Cyber Threats as Hacking Attempts Double in a Year
JPMorgan Chase has experienced a significant surge in hacking attempts on its systems over the past year, according to Mary Callahan Erdoes, the chief executive of the bank's asset and wealth management division. Speaking at the World Economic Forum in Davos, Erdoes highlighted the escalating threat posed by increasingly sophisticated and rapid cyberattacks.
