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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

Risk 189
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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

As a matter of fact, the most-reported crime in the 2021 Internet Crime Report report was phishing , a social engineering scam wherein the victim receives a deceptive message from someone in an attempt to get the victim to reveal personal information or account credentials or to trick them into downloading malware. costing an estimated $18.88

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The Week in Cyber Security and Data Privacy: 4 – 10 December 2023

IT Governance

suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Source (New) Manufacturing Canada Yes 1.2 Akumin Inc.

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List of data breaches and cyber attacks in May 2021 – 116 million records breached

IT Governance

For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks. Ransomware. Ransomware. Cyber attacks. Data breaches. Financial information. In other news…. Cyber attacks.

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The Hacker Mind Podcast: Hacking Industrial Control Systems

ForAllSecure

This is ransomware, starting with a phishing attack. Van Norman: industrial control systems are the systems that every industry is going to use from your manufacturing to your chemical, your food and beverage, your power plants. So this power grid attack is sounding more credible. Van Norman: Right right. Van Norman: Absolutely.