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Cyberattack on UK Airport Operator MAG Exposes Data of 8.7 Million Customers Across Three Airports|Dark Caracal Deploys New Go Malware With Ethereum-Based C2 Fallback|Australian Police Charge Two Over TeamPCP Credential Theft|Meta to Pay Up to $18B Over Teen Social Media Use|CISA Warns Water Utilities: Find Your Exposed PLCs Before Attackers Do|OpenAI banned Russian ChatGPT accounts backing covert influence operation|CISA Red Team Fully Compromised Two Critical Infrastructure Orgs|FBI Seizes China-Linked Hacking Platforms QScan and QTRouter Used Against Critical Infrastructure|U.S. CISA adds Gitea flaw to its Known Exploited Vulnerabilities catalog|88 ID Verification Breaches Show the Cost of Collecting Identity Data|WhatsApp Adds Stronger Security as Passkeys Hit 1 Billion|Operation Jackal: 58 Arrests Expose the Money Laundering Machine Behind Global Scams|Cyberattack on UK Airport Operator MAG Exposes Data of 8.7 Million Customers Across Three Airports|Dark Caracal Deploys New Go Malware With Ethereum-Based C2 Fallback|Australian Police Charge Two Over TeamPCP Credential Theft|Meta to Pay Up to $18B Over Teen Social Media Use|CISA Warns Water Utilities: Find Your Exposed PLCs Before Attackers Do|OpenAI banned Russian ChatGPT accounts backing covert influence operation|CISA Red Team Fully Compromised Two Critical Infrastructure Orgs|FBI Seizes China-Linked Hacking Platforms QScan and QTRouter Used Against Critical Infrastructure|U.S. CISA adds Gitea flaw to its Known Exploited Vulnerabilities catalog|88 ID Verification Breaches Show the Cost of Collecting Identity Data|WhatsApp Adds Stronger Security as Passkeys Hit 1 Billion|Operation Jackal: 58 Arrests Expose the Money Laundering Machine Behind Global Scams|
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The economic impact of cybercrime will reach $8 Trillion by 2022

According to a report published by Juniper Research, the economic impact of cybercrime is expected to reach $8 trillion price tag over the next five years. According to a report published by Juniper Research, the number of data records that will be compromised in security breaches in 2017 will reach 2.8 billion. The economic impact of […]

Athlete or Hacker? Russian basketball player ransomware case

According to a report published by Juniper Research, the economic impact of cybercrime is expected to reach $8 trillion price tag over the next five years.

According to a report published by Juniper Research, the number of data records that will be compromised in security breaches in 2017 will reach 2.8 billion.

The economic impact of cybercrime is expected to reach $8 trillion price tag over the next five years, the diffusion of IoT devices is enlarging our surface of attack and it will be one of the factors that will sustain this trend.
cybercrime

Small-and mid-size businesses (SMBs) are more exposed to cyber attacks, these organizations will reserve an average of under $4,000 a year in 2017 on cyber security expenses. Unfortunately, experts believe that companies will not increase their security budget despite rising threats.

Patch management, low level of awareness on cyber threat, and usage of older software are the principal problems in the way SMBs approach the cyber security.

The full Juniper Research report includes a lot of interesting data, unfortunately, it isn’t for free.

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Pierluigi Paganini

(Security Affairs – cybercrime, hacking)

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