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Global Cybercrime Costs to reach US$8 trillion annually in 2023
Oct 13,2023
Cybersecurity Ventures 2022 predicts that the cost of global cybercrime losses will be US$8 trillion in 2023. The cost of damages is expected to increase by 15% annually over the following three years, reaching US$10.5 trillion annually by 2025. Cybe...
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Hackers steal over
Oct 13,2023
The UK'sNational Crime Agency has issued an alert against a 'serious cyber attack' targeting UK bank accounts. Hackers have stolen over
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Kazakh media outlet Orda's staff suffer from months of cyberattacks and online harassment
Oct 12,2023
The Committee to Protect Journalists stated on Wednesday that Kazakhstani authorities should fully examine recent threats made against independent news website Orda and its head editor, Gulnara Bazhkenova, as well as safeguard the safety of the publi...
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Facebook hack affects 30 million user accounts
Oct 12,2023
Facebookrevealed it had discovered a security issue affecting millions of accounts on 25 September 2018. The attackers exploited a vulnerability in Facebook's code that impacted 'View As', a feature that lets users see what their own profile looks li...
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ASEAN's innovative AI guide shifts focus, countering EU's regulatory efforts
Oct 11,2023
In a move that diverges from the European Union's ambitions for unified global AI regulations, Southeast Asian nations are adopting a business-friendly stance towards AI governance. A confidential draft of the Association of Southeast Asian Nations (...
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IoT malware reached over 160 countries
Oct 11,2023
Earlier this month, a cybercriminal published the source code of a malware (known as Mirai)used to operate the Internet of Things (IoT) botnet that caused the largest ever DDoS attack, against KrebsOnSecurity. Researchers have investigated Mirai...
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Japanese nuclear research lab target of cyber-espionage
Oct 11,2023
According to The Japan Times, the unknown hackers have penetrated the network of the University of Toyama's Hydrogen Isotope Research Center, one of the world leaders in researching on tritium which is the important fuel for controlled nuclear fusion...
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The Zimbabwean Cabinet approved Cyber Bill
Oct 09,2023
The Bill is titled ?The Cyber Crime, Security and Data Protection Bill? and was first drafted in 2016. According to Minister Monica Mutsvangwa the bill seeks to ?combat cybercrime and increase cybersecurity in order to build confidence and trust in t...
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EU to fight rise in online hate speech
Oct 09,2023
TheLuxemburger Wortreports on a meeting of the EU justice ministers to discuss measures to combat hate speech and xenophobia in social media, particularly in light of the current increase in refugees in the EU. French Justice Minister Christiane...
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Europol publishes IOCTA 2019
Oct 08,2023
Europol published the sixth edition of its annual presentation of the cybercrime threat landscape -Internet Organised Crime Threat Assessment (IOCTA) 2019. According to the report, data remains the key element for all cybercrime. Ransomware is t...
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Meta has identified over 400 malicious apps
Oct 07,2023
According to a report published by Meta, more than 400 malicious Android and IOS apps have been identified in 2022. These apps are found to target internet users and steal their Facebook credentials. The apps were listed on Google Play and the App St...
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Hacker steals over US$570m from a cross chain bridging service
Oct 07,2023
A hacker stole over US$570m in Binance Coins (BNB) from a cross-chain bridging service. A researcher at the crypto investment firm Paradigm stated that the hacker exploited a vulnerability that allowed them to request one million BNB from Binance Bri...
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