Identity Theft stories - Page 7

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.

First-party fraud now tops global cyberattacks, rising to 36% of cases in 2024, according to LexisNexis Risk Solutions' Cybercrime Report.

FICO has launched FICO Marketplace, a platform connecting businesses with data and analytics providers to boost AI-driven decision-making and operations.

On World Password Day, experts urge moving beyond strong passwords to layered security, including MFA and AI, as 79% of attacks now bypass malware.

Norton highlights the rising digital risks teens face, urging parents to use controls and communication for safer online experiences amid Netflix's Adolescence series.

Identity fraud costs businesses USD $7 million yearly worldwide, with Asia Pacific firms facing rising threats from sophisticated attacks, a new study finds.

Vivek Ramachandran, founder of SquareX, will speak at Black Hat Asia on 2nd April 2025, addressing cyber threats to financial institutions at Marina Bay Sands.

Carol Chris, General Manager of GBG APAC, emphasises innovation in fraud prevention amid rising data breaches, as demand for compliance solutions grows.

Kaspersky reports a surge in financial phishing attacks in Southeast Asia, with Singapore alone seeing over 38,000 attempts, threatening its digital economy.

A study by Proofpoint reveals a rise in Bitcoin scams utilising video attachments in multimedia messages, evolving from static images to deceive victims.

Kroll's latest report reveals the healthcare sector was the most targeted by data breaches in 2024, accounting for 23% of all incidents, surpassing finance.

Artius.iD has appointed Jeffrey Keplar to its Board of Strategic Advisors, aiming to bolster cybersecurity for global financial institutions amid rising digital threats.

Researchers at SentinelLabs have uncovered an active phishing campaign targeting high-profile X accounts to hijack credentials for cryptocurrency scams.

A recent report reveals that criminals are increasingly employing artificial intelligence to enhance bank scams, making them harder to detect.

On Data Privacy Day, KnowBe4 offers vital tips for individuals and organisations to enhance data security and regain control over personal information.

Sophos X-Ops has uncovered two active cybercriminal campaigns exploiting Microsoft Office 365, with over 15 incidents reported in just three months.

Avast has launched its Secure Identity solution in 15 new countries, including the UK and Australia, in response to a surge in identity theft and data breaches.

Kaspersky has unveiled CookiePlus, a malware from North Korean hackers Lazarus, targeting nuclear and defence sectors amid threats of data theft.

The Asia Pacific Digital Identity Consortium launched in Hakone, Japan, aiming to enhance digital identity solutions for 4.78 billion people across 36 nations.

As 2024 ends, businesses must prepare for turbulent shifts in cybersecurity, including AI's role and the threats posed by quantum computing.