The appetite for food delivery apps has grown exponentially—more than 2.85 billion people used them globally last year. In the United States alone, the $350 billion industry expanded by roughly 50% during the pandemic. With rising popularity has come rising…
Tag: Cybersecurity Insiders
Western Maryland Community Colleges Receive Edwards Fund Grant for Cyber Ranges
Students Provided Training Opportunities and Help Meet Maryland’s Cybersecurity Talent Gap Allegany College of Maryland, Garrett College, and Hagerstown Community College have received a $617,400 grant from the Senator George C. Edwards Fund toward a $686,000 project to implement two…
The US States Most at Risk of Cyberattacks
Global cybercrime costs are projected to soar from $9.22 trillion in 2024 to $13.82 trillion by 2028.1 In the United States alone, these costs are forecasted to exceed $452 billion in 2024.2 Alarmingly, in 2023, three in four companies in…
Australia wants companies disclose ransomware payments
The Australian government has long advised ransomware victims against paying ransoms, arguing that doing so does not guarantee receiving a decryption key and only encourages further criminal activity. However, recognizing that ransom payments might be unavoidable in some situations, Canberra…
Crowdstrike preliminary report as sourced from Richard Ford
Crowdstrike have now published their preliminary post incident report (PIR) into the issue that brought 8.5m Windows hosts, and a lot of the world, to a halt. Their preliminary report is available in full on the CrowdStrike website (here: https://www.crowdstrike.com/falcon-content-update-remediation-and-guidance-hub/)…
Salvador Technologies sees growth in maritime cybersecurity
Salvador Technologies has disclosed that the company is experiencing demand for its cyber-attack recovery platform from organizations in the maritime sector and shipping industry. The company reports that an increasing number of port authorities, terminal operators and shipping companies are…
X allows users to turn off GROK AI Training due to data concerns
X, the social media platform formerly known as Twitter, is introducing a new feature that allows users to opt out of its AI training program involving Grok. Grok is an AI assistant developed by xAI, a company owned by Elon…
Ransomware attacks are inevitable on Paris Olympics 2024
A recent study by ExtraHop reveals that ransomware attacks on the Paris 2024 Olympics are almost unavoidable. Over the past year, the IT infrastructure supporting the games has been a frequent target, with some incidents resulting in ransom payments totaling…
LockBit Lies Prove Another Reason to Never Pay the Ransom
On June 23, 2024, the LockBit cybercriminal group that offers ransomware as a service (RaaS) announced that it had infiltrated the systems of the Federal Reserve, compromising thirty-three terabytes of sensitive banking information. The notorious ransomware group gave the Federal…
Strategies for Mitigating the Human Element of Cyber Risk
The primary cause of the majority of data breaches today is human error. Verizon’s 2024 Data Breach Investigations Report (DBIR) found that 68% of all breaches involved a non-malicious human element in 2023. This data highlights the critical need for…