In 2023, the U.S. FTC reported that Americans lost over $10 billion to scammers, a 14% increase from the previous year. Imposter scams were the most frequently reported, followed by online shopping scams and investment scams.
Malware-as-a-Service (MaaS) infections were the biggest threat to organizations in the second half of 2023, according to a new Darktrace report. The 2023 End of Year Threat Report highlighted the cross-functional adaption of many of the malware strains. This includes malware loaders like remote access trojans (RATs) being combined with information-stealing malware. Through reverse engineering […]
In 2023, HackerOne’s bug bounty data, acquired by Surfshark, a VPN service provider, reveals the crucial role of ethical hackers in safeguarding top government organizations like the US Department of Defense and private companies such as LinkedIn. A study by Surfshark, a VPN service provider, has revealed that ethical hackers, or white hat hackers, played a vital […]
DDoS attack trends for the second half of 2023 reveal alarming developments in their scale and sophistication, according to Gcore. The maximum attack power rose from 800 Gbps (1H 2023) to 1.6 Tbps. UDP floods continue to dominate, constituting 62% of DDoS attacks. TCP floods and ICMP attacks also remain popular at 16% and 12% […]
The value of cryptocurrency flowing into illicit addresses in 2023 was nearly two-fifths lower than the figure a year previously, with sanctioned entities accounting for the vast majority of activity, according to Chainalysis. The blockchain analysis company revealed the news in a teaser of its forthcoming 2024 Crypto Crime Report. It tracks funds stolen in […]
Email security remained top of mind for cybersecurity professionals in 2023 as over nine in ten (94%) cyber decision-makers had to deal with a phishing attack, according to email security provider Egress. This is up 2% from the previous year, Egress’ Email Security Risk Report 2024 found. The top three phishing techniques used throughout 2023 […]
Crypto heists increased in volume by 42% in 2023, with 283 incidents, according to an analysis by consumer awareness firm Comparitech. This compares to 199 crypto theft incidents in 2022. However, the total monetary value stolen in 2023 fell by 51% in 2022, from $3.55bn to $1.75bn. Worryingly, $16.93m of crypto has already been stolen […]
The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases. Figure 1: Year over year victims per quarter The rollercoaster ride from explosive growth in 2021 to a momentary dip in 2022 was just a teaser—2023 roared back with the same fervor as 2021, […]
Almost 5,200 organizations were hit by ransomware attacks in 2023, Rapid7 said in a Friday blog post, pulling research from public disclosures and incident data from its managed detection and response team. “In reality, we believe that number was actually higher because it doesn’t account for the many attacks that likely went unreported,” Christiaan Beek, […]