More than a billion people were hit by data breaches in the first half of 2024 —a jaw-dropping 1,170% jump from the same time last year. The latest Identity Theft Resource Center (ITRC) report has been released and the numbers are alarming. Here are a few highlights from the H1 2024 Data Breach Report released […]
Data Breach Victims Top 1 Billion During First Half of 2024 Read More »
Every person in America may have had their Social Security numbers stolen and shared on the dark web in a massive National Public Data breach. The unprecedented breach involved 2.9 billion records, including names, phone numbers, and addresses. According to a class-action lawsuit filed in the U.S. District Court in Fort Lauderdale, Fla., a hacker
Unprecedented data breach exposes 2.9 billion Social Security numbers Read More »
Three fourths of U.S. citizens have had their personal health information exposed by cybersecurity attacks since 2020. The health care sector is frequently targeted by hackers, with HealthEquity being one of the latest victims. The massive data breach affected 4.3 million people. HealthEquity detected the possible breach in late March and by June 10 confirmed
75 percent of people have had their personal health information exposed Read More »
Companies are looking at the lessons to be learned from the latest cybersecurity breaches. Data cloud company Snowflake has announced plans to make multi-factor authentication (MFA) mandatory for customers in light of recent attacks. The use of multi-factor authentication (MFA) could prevent as much as 80–90% of cyber-attacks, according to figures cited by the US
Lessons to be Learned from the Latest Cybersecurity Breaches Read More »
The Snowflake data breach that began in April 2024 is snowballing into one of the largest in history, impacting nearly 200 companies so far. The Montana-based data warehousing platform revealed that hackers had been attempting to access its customers’ accounts using stolen login details. The breach is linked to attacks on numerous companies with news
The Massive Snowflake Data Breach: One of the Largest in History Read More »
Popular antivirus software Kaspersky banned in the U.S. and consumers have until September 29, 2024 to find an alternative. This follows a June ban by the Biden administration of the anti-virus software from Kaspersky Lab, Inc., the U.S. subsidiary of a Russ-based anti-virus software and cybersecurity company. The official notice, released June 20, gave Kaspersky
Popular antivirus software Kaspersky banned in the U.S. Read More »
It’s getting tougher to identify a phishing attack with AI technology boosting the frequency and sophistication of phishing schemes. According to recent research by a group of Harvard professors and cybersecurity experts, 60% of participants fell victim to artificial intelligence (AI)-automated phishing, which is comparable to the success rates of non-AI-phishing messages created by human
AI Boosting the Frequency and Sophistication of Phishing Schemes Read More »
Scammers duping people by posing as workers at big-name brands like Best Buy’s Geek Squad, Amazon and PayPal stole more than $660 million through business-impersonation scams in 2023, according to a report released by the Federal Trade Commission. Such scams have become more prevalent since the pandemic. For example, in the first three months of
Scammers posing as workers at big-name brands stole more than $660 million in 2023 Read More »
Criminals are more skilled at using AI to commit financial crimes than banks are at using AI to stop them, according to a BioCatch survey. BioCatch surveyed fraud-management, anti-money laundering, and risk and compliance officials from 11 countries. Nearly 70% reported an increase in financial crime activity over the past year and about half of
AI-Focused Financial Crime a Growing Concern Banks Must Monitor Read More »
The latest healthcare cybersecurity risk impacting more than 13 million former and current patients of California-based Kaiser Foundation Health Plan is part of the record-breaking trend that has been in motion. The company has notified patients that it unknowingly shared their information with third-party advertisers, including Google, Microsoft and X (formerly Twitter.) Kaiser Foundation Health
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