FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024 April 23, 2025 By Raphael Satter Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said...
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs March 11, 2025 Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical...
Prosecutors Say Taylor Swift Tickets Were Sold Then Resold in Cyber Scam March 7, 2025 A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on...
An Increase in Identity Theft, Cybercrime Predicted in 2025 January 16, 2025 The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC)....
Alleged Snowflake Hacker ‘Danger’ to the Public December 2, 2024 By Margi Murphy The man accused of carrying out cyberattacks against dozens of Snowflake Inc. customers will face an extradition hearing later this...
US Charges Five in ‘Scattered Spider’ Hacking Scheme November 22, 2024 By Jonathan Stempel U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected...
Biden Administration to Support Controversial UN Cyber Treaty November 12, 2024 By Jamie Tarabay The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it...
Hackers Grow More Sinister and Brazen in Hunt for Bigger Ransoms June 26, 2024 By Jeff Stone and Charles Gorrivan A hack on a London hospital has left hundreds of millions of health records exposed and forced doctors to reschedule...
BlackSuit Cybercrime Gang Blamed in CDK Hack That Roiled Car Dealers June 25, 2024 By Charles Gorrivan A hacking group called BlackSuit is behind the cyberattack on CDK Global that’s paralyzed car sales across the US, according...
Thanks to AI, Industry Will Soon See Big Jump in Parametric Insurance, Consultant Says June 18, 2024 By William Rabb Insurance agents must now embrace the use of artificial intelligence, but they won’t be replaced by it. And the use...