Tag: cyber breaches

Leaked Data Reveals 26 Billion Account Records Stolen from Twitter, LinkedIn and More

Cyber attack against LinkedIn, Snapchat, X, Venmo

Dubbed the “Mother of all breaches,” the massive leak revealed 26 billion records (including popular sites such as LinkedIn, Snapchat, Venmo, Adobe and X, formerly Twitter) in what experts are calling the largest leak in history.

White House Plans 30-Country Meeting on Cyber Crime and Ransomware

Worried Businessman Looking At Laptop With Ransomware Word On The Screen At The Workplace

Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session hosted by the White House National Security Council will also be aimed at “improving law enforcement collaboration” on issues like… Continue reading White House Plans 30-Country Meeting on Cyber Crime and Ransomware

Data Breaches Are Up 38% in Q2 2021: ITRC

Thief hacking and stealing information by using computers late night

Today, the Identity Theft Resource Center® (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, released its U.S. data breach findings for the first half (H1) of 2021. According to the data breach analysis, publicly-reported U.S. data breaches are up 38 percent in the second quarter (Q2) of 2021 (491 compromises)… Continue reading Data Breaches Are Up 38% in Q2 2021: ITRC

Google Teams Up with Allianz, Munich Re to Insure Its Cloud Users

cloud symbol combined with electronic board, concept of cloud computing

Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on Tuesday. Major insurers have been treading carefully on cyber risks for years, but the tie-up… Continue reading Google Teams Up with Allianz, Munich Re to Insure Its Cloud Users

Cybercrime Costs to Top $1 Trillion This Year: Researchers

Hackers using laptop computers to penetrate security systems to steal big data from the server room

Cybercrime is expected to cost the global economy more than $1 trillion this year, up more than 50 percent since 2018, a research report said Monday. The report by McAfee Corp. with the Center for Strategic and International Studies (CSIS) concluded that the cost of online criminal activity is more than one percent of global… Continue reading Cybercrime Costs to Top $1 Trillion This Year: Researchers