WebConsumers, businesses and governments are finding new ways to use cryptocurrency, but a recent string of cyber attacks has highlighted security risks and shortcomings. The cryptocurrency market is expanding exponentially, but the recent wave of cyber attacks and scams has shown the industry is struggling on the security front. WebDec 17, 2024 · Malicious activity is proliferating, in part because of the growing vulnerabilities—but also because there are few barriers to entry for participants in the ransomware industry and little risk of extradition, prosecution or sanction. 10 Malware increased by 358% in 2024, while ransomware increased by 435%, 11 with a four-fold rise …
2024 Trends Show Increased Globalized Threat of Ransomware
WebApr 14, 2024 · Implementing these risk controls is good digital practice but, even with the above measures in place, it’s still worth insuring your cyber risk– and if you choose to take up a policy later on ... WebJan 23, 2024 · Cybercrime costs small and medium businesses more than $2.2 million a year. There was a 424% increase in new small business cyber breaches last year. Healthcare is the industry that’s most at-risk for cyber attacks. 66% of small businesses are concerned or extremely concerned about cyber security risk. steve phoenix the untold story
The Cybersecurity Risks of an Escalating Russia-Ukraine Conflict
WebFeb 10, 2024 · In October 2024, Conti ransomware actors began selling access to victims’ networks, enabling follow-on attacks by other cyber threat actors. Shifting away from “big-game” hunting in the United States. In the first half of 2024, cybersecurity authorities in the United States and Australia observed ransomware threat actors targeting “big ... WebMay 1, 2014 · As that happens, the risks from cyberattacks become increasingly daunting. Criminals pursue financial gain through fraud and identity theft; competitors steal … WebFeb 9, 2024 · With a 1,070 percent increase in ransomware attacks year-over-year between July 2024 and June 2024, staying on top of attack trends— such as ransomware and … steve pichler obituary