IT Brief US - Technology news for CIOs & IT decision-makers

Cybercrime stories - Page 17

Any use of network connected electronic devices such as computers or smartphones for criminal activity is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as ‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers and other malware, the download and use of malware produced by others, social engineering tactics such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also occasionally seeking to disrupt, embarrass or shame their targets.
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The Ransomware Threat: How to respond and protect your organisation

Mon, 19th May 2025
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Ransomware attacks in Australia surged in 2023–24, costing businesses up to AUD $97,200 on average, urging firms to bolster cyber defences and response plans.
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Coinbase offers USD $20 million bounty after insider data breach

Fri, 16th May 2025
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Coinbase says a data breach affected around 1% of users, with cybercriminals demanding a USD $20 million ransom, which was firmly rejected by the firm.
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Scattered Spider hackers shift focus from UK to US retailers

Fri, 16th May 2025
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Cybercriminal group Scattered Spider, known for targeting UK retailers, has shifted focus to major US retailers, raising fresh cybersecurity concerns.
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Alabama cyberattack exposes state staff credentials, disrupts services

Thu, 15th May 2025
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Alabama probes a cyberattack disrupting government services and stealing employee credentials, urging staff to exercise caution amid ongoing investigations.
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Dior & Nucor cyberattacks highlight risks for global firms

Thu, 15th May 2025
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Luxury brand Dior and US steel producer Nucor both face major cyberattacks, exposing vulnerabilities in fashion and industrial sectors globally.
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Phishing attacks become harder to spot as hackers adapt tactics

Thu, 15th May 2025
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Phishing remains the top US cybercrime, with 193,000 complaints; attackers now use subtle linkless emails and fake MFA alerts to trick users.
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Andy Frain notifies 100,000 after major ransomware breach

Tue, 13th May 2025
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breach prevention
Andy Frain Services disclosed a data breach affecting 100,964 individuals in October 2024, with ransomware group Black Basta claiming responsibility.
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Ransomware surge sees hackers demand up to USD $8.6 million

Tue, 13th May 2025
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Cybersecurity experts warn ransomware threats are surging, targeting cloud systems and exploiting human error, amid rising attacks in the UK and beyond.
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Why is ransomware still a thing in 2025?

Tue, 13th May 2025
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Ransomware persists in 2025 as attackers exploit easy targets, with cybercrime losses hitting USD $16.6 billion despite soaring cybersecurity investments.
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Qilin ransomware attack hits sheriff, $48K spent on recovery

Sat, 10th May 2025
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Ransomware gang Qilin claimed an April 2025 attack on Tennessee's Hamilton County Sheriff's Office, demanding USD $300,000, with no ransom paid.
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Broadcom forces VMware clients to roll back crucial updates

Sat, 10th May 2025
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Broadcom forces VMware customers on expired support to roll back security updates, risking exposure to known vulnerabilities and increased cyberattack threats.
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Ransomware attacks expose urgent risks for critical utilities

Fri, 9th May 2025
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Spanish water supplier Aigües de Mataró was hit by ransomware, highlighting growing cyber risks to essential infrastructure worldwide, experts warn.
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Experts urge businesses to move beyond passwords for security

Fri, 2nd May 2025
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On World Password Day, experts urge moving beyond strong passwords to layered security, including MFA and AI, as 79% of attacks now bypass malware.
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Zero-day hackers shift focus to enterprise tech in Google's report

Thu, 1st May 2025
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Google's GTIG reports 75 zero-day exploits in 2024, highlighting a rising threat to enterprise tech despite a slight overall decrease from 2023.
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Subscription & 'mystery box' scams surge with new tactics

Thu, 1st May 2025
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Bitdefender warns of over 200 sophisticated fraud sites using fake ads and subscriptions to scam consumers with deceptive 'mystery box' offers online.
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Forrester warns of deepfakes & AI extortion in 2025 threats

Wed, 30th Apr 2025
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Forrester's report reveals top cybersecurity threats in 2025, including regulatory upheavals, deepfakes, AI risks, insider threats, and GenAI-driven extortion.
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Cybercriminal groups use RDGAs in scams, phishings

Tue, 29th Apr 2025
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Cybercriminal groups Reckless Rabbit and Ruthless Rabbit use registered domain algorithms to carry out investment scams costing US consumers USD $5.7 billion in 2024.
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Girls in ICT Day: The AI-powered future of cybersecurity leadership

Mon, 28th Apr 2025
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Girls in ICT Day spotlights how women leading AI-powered cybersecurity are reshaping the industry, tackling talent shortages and enhancing security innovation.
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Bugcrowd unveils red team service for cyber defence

Mon, 28th Apr 2025
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Bugcrowd launches Red Team as a Service, offering scalable, intelligence-led cyber attack simulations via a global network of ethical hackers.
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Organisations increasingly refuse ransom demands, says DBIR report

Fri, 25th Apr 2025
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The Verizon DBIR reveals ransomware remains prevalent in 44% of breaches, yet 64% of firms now refuse to pay ransoms amid evolving cyberthreat tactics.