CYBERCRIME

The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.

Massive botnet infecting millions of computers taken down in international operation. US arrests mastermind behind $5.9B COVID fraud scheme.

Deepfake scam tricks an Arup employee, leading to millions lost. Tech giant warns of rising cyberattack threat and urges vigilance.

In 2023, the US Federal Trade Commission reported that there were around 2.6 million fraud reports made, totalling to a shocking $10 billion lost.

NCA with other international organisations seized control of LockBit ransomware's technical infrastructure, aiming to diminish its threat to the UK and the world.

A new AI regulation white paper has called for strict changes AI regulatory framework including supporting UK regulators with £100 million in funding to develop technical systems to monitor AI systems.

The comprehensive deal covers over 220,000 devices used by MOD personnel globally, with the primary goal of improving performance standards and access speed across laptops, desktops, peripherals and software applications.

The advisory details the sophisticated techniques and tactics employed by DPRK state-linked hackers in carrying out software supply chain attacks, urging organizations worldwide to enhance their cybersecurity measures.

G Data malware analyst Anna Lvova highlighted the distinctive nature of ZPAQ, citing its superior compression ratio and journaling functionality compared to more commonly used formats like ZIP and RAR.

Welsh company Owens Group was the victim of a devastating breach, culminating in the exposure of its confidential data on Lockbit's shadowy domain on the "dark web".

Poll also found that young people were most likely to be affected by online fraud, even though half of those questioned believed the elderly were most at risk.

Following a joint investigation that was led by the National Crime Agency, the UK and US have revealed the identities of several Conti and Trickbot members.

The UN Human Rights Council say that abolishing gender-based violence will help improve the representation of women in leading positions.

BBC, British Airways and other firms face potential data breaches as the Clop ransomware group exploits a vulnerability in popular file transfer software.

Over a third of the organisations across the UK's critical national infrastructure (CNI) anticipate a rise in cybercrime as a direct result of the current economic crisis.

British officials are sounding the alarm over the widespread abuse of surveillance software and hackers-for-hire.

The UK government's cyber defence agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on Ukraine.

Britain named Anne Keast-Butler as the first female director of its intelligence communications agency GCHQ on Tuesday, tasked with protecting the country from terrorists, cyber-criminals and malign foreign powers.

Police arrested 119 people in an international operation led by the US Federal Bureau of Investigation (FBI) and Dutch police.

Identifying fraudulent attacks was easier before chatbots arrived since phishing emails usually contained grammar and spelling mistakes.

ChatGPT's ability to generate code can be utilised for data breaches, leaving businesses vulnerable to cyberattacks.