CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom

Cybercriminals Stories - Page 11

UK Stories

Cybercriminals stories

One-third of UK businesses hit by invoice fraud in past year
Supply Chain

One-third of UK businesses hit by invoice fraud in past year

Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.

By Shannon Williams • 4 min read • Fri, 21st Jun 2024

Global Stories

Cybercriminals stories

Cybercriminals exploit ChatGPT for near-perfect phishing emails
Cybersecurity

Cybercriminals exploit ChatGPT for near-perfect phishing emails

ReliaQuest's latest report reveals cybercriminals are exploiting ChatGPT and other AI tools to create near-perfect phishing emails, achieving a 2.8% success rate.

By Shannon Williams • 3 min read • Mon, 15th Jul 2024
AI deepfake scams rise in health supplement fraud
Artificial Intelligence

AI deepfake scams rise in health supplement fraud

Bitdefender reports a surge in AI and deepfake tech use by fraudsters on social media, promoting fake health supplements and miracle cures, targeting millions globally.

By Sean Mitchell • 3 min read • Fri, 12th Jul 2024
New data breaches spark cybersecurity fears as Twilio confirms attack
Multi-factor authentication

New data breaches spark cybersecurity fears as Twilio confirms attack

ShinyHunters claimed responsibility for compromising 33 million Twilio users' phone numbers via the Authy 2FA app, sparking major security concerns.

By Catherine Knowles • 3 min read • Thu, 11th Jul 2024
SaaS security breaches escalate, fuelling urgent defences push
Storage

SaaS security breaches escalate, fuelling urgent defences push

Cloud SaaS applications face increasing cyber-attacks, with breaches quadrupling in a year due to identity factors, highlighting urgent security needs.

By Catherine Knowles • 3 min read • Tue, 2nd Jul 2024
Bitdefender & Netgear report reveals major IoT vulnerabilities
Malware

Bitdefender & Netgear report reveals major IoT vulnerabilities

Bitdefender and Netgear's new report reveals that 99.3% of IoT attacks exploit known vulnerabilities, highlighting the urgent need for timely updates and robust security measures.

By Sean Mitchell • 2 min read • Fri, 28th Jun 2024
Bitdefender warns of rising scams targeting 2024 Paris Olympics
Physical Security

Bitdefender warns of rising scams targeting 2024 Paris Olympics

Bitdefender uncovers scams targeting the 2024 Paris Olympic Games, threatening spectators globally with fake giveaways to steal personal data and money.

By Sean Mitchell • 3 min read • Wed, 19th Jun 2024
Experts warn of fallout from BBC Pension and LAUSD data breaches
Data Protection

Experts warn of fallout from BBC Pension and LAUSD data breaches

Recent data breaches at the BBC Pension Scheme and Los Angeles Unified School District (LAUSD) have exposed critical vulnerabilities, prompting cybersecurity experts to issue warnings about the potential misuse of stolen information.

By Kaleah Salmon • 4 min read • Wed, 19th Jun 2024
Protecting data centres against emerging cybersecurity threats
Unified Communications

Protecting data centres against emerging cybersecurity threats

Data centres face rising, sophisticated cyber threats linked to geopolitical strife and financial motives. AI and partnerships are key to their defence.

By Abdul Khader Aslam • 5 min read • Tue, 18th Jun 2024
Arctic Wolf enhances identity protection with new ITDR capabilities
Phishing

Arctic Wolf enhances identity protection with new ITDR capabilities

Arctic Wolf has boosted its Managed Detection and Response platform with new identity threat detection and response capabilities, partnering with Microsoft and Okta to combat growing cyber threats in Australia.

By Catherine Knowles • 3 min read • Thu, 13th Jun 2024
Acronis launches XDR to enhance MSPs' security offerings
Data Protection

Acronis launches XDR to enhance MSPs' security offerings

Acronis has launched Acronis XDR, enhancing its cybersecurity solutions for MSPs with streamlined integration across data protection and endpoint management.

By Sean Mitchell • 3 min read • Wed, 12th Jun 2024
KnowBe4 enhances platform with PhishER Plus Threat Intel
Ransomware

KnowBe4 enhances platform with PhishER Plus Threat Intel

KnowBe4 integrates Webroot's website reputation data into its PhishER Plus console, offering enhanced automation and rapid response to web-based threats for security teams worldwide.

By Sean Mitchell • 2 min read • Tue, 11th Jun 2024
EMEA overtakes North America as top DDoS target, says Akamai
Advanced Persistent Threat Protection

EMEA overtakes North America as top DDoS target, says Akamai

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.

By Sean Mitchell • 3 min read • Tue, 4th Jun 2024
Mandiant report reveals ransomware surge & evolving tactics
Ransomware

Mandiant report reveals ransomware surge & evolving tactics

Mandiant's report reveals a 75% surge in ransomware posts and a 20% rise in investigations in 2023, with over USD $1 billion paid to attackers. Novel tactics and evolving threats demand heightened vigilance.

By Imee Dequito • 3 min read • Tue, 4th Jun 2024

Stories from Other Regions

Cybercriminals stories

One in four Australian businesses impacted by deepfake incidents
Email Security

One in four Australian businesses impacted by deepfake incidents

Almost 25% of Australian businesses faced deepfake incidents last year, highlighting the growing threat of AI-powered cyber-attacks, says ISMS.online.

By Catherine Knowles • 3 min read • Thu, 4th Jul 2024
NZ Government urged to lead in tackling cyber challenges
Security Information and Event Management

NZ Government urged to lead in tackling cyber challenges

Splunk's VP is urging the New Zealand Government to establish consistent standards and centralised investment to avoid evolving cyber threats.

By Melania Watson • 4 min read • Wed, 19th Jun 2024
Group-IB helps bust Southeast Asian cyber fraud syndicate
Cybersecurity

Group-IB helps bust Southeast Asian cyber fraud syndicate

Group-IB aided a tri-nation police operation that dismantled a cyber fraud syndicate, linking it to over 1,899 cases in Singapore and losses exceeding USD $25 million.

By Kaleah Salmon • 3 min read • Tue, 18th Jun 2024