IdeaLab confirms hackers stole sensitive data during a ransomware attack last October, the company disclosed as it began notifying affected individuals. The breach, which targeted the tech incubator’s systems in the fall of 2023, exposed confidential information, though IdeaLab has not specified the exact nature or volume of compromised data. The company stated that it […]
Cybercrime is on track to rival U.S. economic output, with illicit online activity projected to generate $15.6 trillion globally by 2029. The staggering figure positions cybercrime as the world’s third-largest economy, trailing only the United States and China in scale. Experts say the rapid expansion of digital infrastructure has created new vulnerabilities, offering cybercriminals more […]
A cyberattack tied to China exploited three zero-day vulnerabilities in Ivanti software last year, breaching critical infrastructure across France. Government agencies and companies operating in telecom, media, finance and transportation sectors were affected in the China hack hit French networks, according to French authorities. The attackers leveraged the Ivanti flaws to infiltrate systems and move […]
Germany Urges Google Apple to take action against DeepSeek AI over alleged data privacy violations. The Berlin Commissioner for Data Protection has formally requested both tech giants to remove the application from their respective app stores. Authorities cite violations of the European Union’s General Data Protection Regulation (GDPR) as the reason for the request. The […]
Interpol Warns West Africa could emerge as a new hub for cybercrime compounds, following a five-year analysis of global illicit activity. The agency revealed that organized groups are trafficking individuals into the region to operate fraud centers. These hubs force victims to carry out investment scams, romance frauds and other digital schemes. The criminal enterprises […]
Canada has suspended operations by Chinese surveillance firm Hikvision, citing national security concerns. The move, announced by Industry Minister Mélanie Joly, follows a review based on “information and evidence provided by Canada’s security and intelligence community.” The decision comes as Canada bars Hikvision over national security threats, marking a significant escalation in efforts to protect […]
A data breach at Young Consulting in 2024 has compromised the personal information of over one million individuals, marking another blow for the insurance software provider. The incident, now confirmed, underscores ongoing security challenges for the firm, which has attempted to rebrand in recent years. The Young Consulting breach hits as the company continues to […]
U.S. cybersecurity and intelligence agencies issued a joint advisory warning that Iranian hackers target U.S. defense systems, operational technology networks, and critical infrastructure at an increasing rate. The agencies observed rising cyber activity from both state-sponsored and affiliated Iranian threat actors in recent months. They cautioned that this trend is likely to intensify due to […]
Microsoft has disabled 3,000 email accounts tied to North Korean IT workers who posed as job seekers at U.S. companies, the tech giant confirmed. The move comes after years of tracking the country’s covert efforts to infiltrate American firms by embedding operatives in remote IT roles. According to Microsoft, the operation has recently shifted tactics, […]
Switzerland says govt data was stolen in a ransomware attack linked to an external IT provider, Radix. The incident affected several federal offices, exposing sensitive information managed by the Swiss government. Authorities disclosed that the breach occurred through the compromised systems of Radix, which provides IT services to multiple public institutions. The Swiss government is […]
A Russian court sentenced a man to 16 years in prison for launching cyberattacks in support of Ukraine that disrupted critical infrastructure and business operations, authorities said. The case, now drawing international attention under the headline “Russia Jails Hacker 16,” highlights Moscow’s intensified crackdown on cyber threats amid geopolitical tensions. Officials stated the individual deployed […]
Europol dismantled a global cryptocurrency fraud network that laundered €460 million ($540 million) from more than 5,000 victims, the agency said Monday. The joint operation—dubbed Europol Busts 540 Million—involved coordinated raids led by Spain’s Guardia Civil, with support from law enforcement in Estonia, France and the United States. Authorities arrested five suspects tied to the […]