data theft

Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
October 10, 2024  |  Security & Fraud

The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the...

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Report: Disney Cuts Ties With Slack After Data Heist
Report: Disney Cuts Ties With Slack After Data Heist
September 19, 2024  |  Security & Fraud

Disney reportedly plans to stop using workplace collaboration platform Slack following a recent data breach. Chief financial officer Hugh Johnston announced the change this week,...

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Guarding the Gate: Cyberattacks Won’t Stop, But Their Fallout Can Be Prevented
Guarding the Gate: Cyberattacks Won’t Stop, But Their Fallout Can Be Prevented
August 29, 2024  |  Cybersecurity

Most businesses have a target on their back. And for good reason — their data and credentials are incredibly valuable to fraudsters, especially when it...

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Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
August 20, 2024  |  Security & Fraud

In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. They aren’t alone. Criminals have taken...

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Defending Against the Scam-Filled Fallout From Digital Disruptions
Defending Against the Scam-Filled Fallout From Digital Disruptions
July 31, 2024  |  Security & Fraud

Fraudsters are drawn to compromised digital ecosystem like ants to a picnic. Bad news for companies creates opportunities for criminals — with disruptions like the...

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IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
July 16, 2024  |  Security & Fraud

The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners —...

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Sonar Launches Service Identifying Compromised Customer Data
Sonar Launches Service Identifying Compromised Customer Data
July 10, 2024  |  Security & Fraud

Fraud data sharing consortium Sonar has launched a new service that helps banks and FinTechs verify if their customer data has been compromised in a breach...

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Report: Hacker Stole Details of OpenAI’s Tech
Report: Hacker Stole Details of OpenAI’s Tech
July 05, 2024  |  Security & Fraud

OpenAI was reportedly hacked last year, raising security fears at the artificial intelligence company. The hacker accessed the company’s in-house messaging system and made off...

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2024 Is Already the Year of the Cyberattack
2024 Is Already the Year of the Cyberattack
July 04, 2024  |  Cybersecurity

It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly...

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