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Rise in Sophisticated Fraud Cases Threatens Banks

May 8, 2024 | Cybernews

Global survey reveals nearly 30% of transactions may be fraudulent, with new customers during onboarding process particularly vulnerable, as banks face challenges from AI-generated fraud and deepfakes.

Ransomware Attack Disrupts City of Wichita’s Digital Services

May 8, 2024 | Cybernews

The City of Wichita, Kansas experienced a ransomware attack, leading to a partial shutdown of its computer network and impacting various digital services.

Russian National Identified as Leader of LockBit Ransomware Group

May 8, 2024 | Cybernews

Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, has been charged with creating and operating the LockBit ransomware group, which extorted over $500 million from 2,000 victims.

Organizations Struggle to Balance Innovation and Security in Generative AI Projects

May 7, 2024 | Cybernews

Study reveals lack of focus on security in generative AI projects, leading to concerns about unpredictable risks and vulnerabilities.

Introducing the NetBeacon Institute: Empowering a Safer Web

May 7, 2024 | Cybernews

The NetBeacon Institute, formerly known as the DNS Abuse Institute, is dedicated to combating online technical abuse such as malware, botnets, and phishing, offering free solutions and tools to enhance web security.

Hacktivism Evolves to Align with Financial Cybercrime and Nation-State Activities

May 7, 2024 | Cybernews

Hacktivism has shifted towards financially motivated cybercrime and nation-state activities, posing challenges for enterprise security teams.

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