FBI Report Reveals Americans Lost Staggering $3.94 Billion to Crypto Investment Scams in 2023

The surge in cryptocurrency scams in 2023, as reported by the FBI, underscores the growing prevalence of digital currency in online crime. With losses reaching $3.94 billion, a 53% increase from the previous year, these scams represent a significant portion Read More …

Jersey data breach leaks personal information

A data breach at Jersey’s Financial Services Commission has allowed access to non-public names and addresses. The organisation confirmed a “vulnerability” was detected in its Registry system on 23 January. It said the leak did not link any individuals to registered Read More …

Italy privacy watchdog fines Unicredit $3.1 million for data breach

Italy’s data protection authority has fined UniCredit, the country’s second-largest bank, 2.8 million euros ($3.1 million) for a data breach case in 2018 affecting thousands of customers and former customers, it said on Thursday. The bank responded that it would Read More …

Insurance giant Fidelity hit by data breach

Sensitive information belonging to tens of thousands of Fidelity Investments Life Insurance customers was stolen, reportedly thanks to a supply chain attack that happened in 2023. The insurance giant has filed a data breach notification with the Maine attorney general’s Read More …

Third-party breach leads to American Express customer data compromise

Payment card provider American Express Company is warning customers that their credit card details may have been exposed following a breach involving a third-party provider. The details were first revealed in a filing with the State of Massachusetts, with a Read More …

New Banking Trojan “CHAVECLOAK” Targets Brazil

FortiGuard Labs recently uncovered a threat actor employing a malicious PDF file to propagate the banking Trojan CHAVECLOAK. This intricate attack involves the PDF downloading a ZIP file and subsequently utilizing DLL side-loading techniques to execute the final malware. Notably, Read More …

Charlotte Cowles’s $50,000 Scam Article, Anyone Can Become a Victim

“You must follow my directions very carefully. We do not have much time.” These are some of the words scammers used to influence and ultimately defraud Charlotte Cowles, a financial columnist at New York Magazine, in an elaborate imposter scam Read More …

Cybersecurity for satellites is a growing challenge, as threats to space-based infrastructure grow

In today’s interconnected world, space technology forms the backbone of our global communication, navigation and security systems. Satellites orbiting Earth are pivotal for everything from GPS navigation to international banking transactions, making them indispensable assets in our daily lives and Read More …

ALPHV ransomware says it was behind attacks on loanDepot, Prudential Financial

The infamous ALPHV ransomware operator (also known as BlackCat) has added two companies to its data leak site – Prudential Financial, and loanDepot, in a seeming admission it was behind the attacks on both companies. So far, the group has Read More …

Banks refund less than 10% of money stolen by cyber scammers – Bank of Russia’s Chief

Russian banks manage to refund less than 10% of the money cyber scammers steal from citizens’ accounts, head of the Bank of Russia, Elvira Nabiullina, said at the Cybersecurity in Finance forum. “Of course, we see that the share of Read More …