cybercrime

Small Businesses Lose $80K on Average to Cybercrime Annually, Better Business Bureau Says

The growth of cybercrime will cost the global economy more than $2 trillion by 2019, according to the Better Business Bureau’s 2017 State of Cybersecurity Among Small Businesses in North America report.

Cost of a Cyber Attack
When it comes to small businesses, the report said the overall annual loss was estimated at almost $80K or $79,841 on average. And as more small businesses become equal parts digital and brick-and-mortar, securing both aspects of their company is more important than ever.
The risks small business owners face in the digital world has increased their awareness of the dangers of this ecosystem. A survey conducted by GetApp in 2017 revealed security concerns ranked second as the challenges small businesses were facing.

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cybercrime

World Economic Forum: Extreme weather, AI, cybercrime greatest global risks in 2024

Jan. 10 (UPI) -- World nations face escalating threats in the coming year from extreme weather, artificial intelligence, and geopolitical tumult,...




cybercrime

The Rising Threat of AI-Enabled Cybercrimes: A Warning from NSA and FBI

In an era where technological advancements redefine the spectrum of conventional crime, our collective cybersecurity has been thrust into uncharted...




cybercrime

The cost of cybercrime to reach over $12tn by 2025

External market figures suggest that the cost of cybercrime is predicted to reach over $12tn by 2025, and the growth of cyber-attacks has been...




cybercrime

No Consensus on Proposed Global Cybercrime Treaty

On Friday, governments concluded two weeks of polarizing meetings at the United Nations on a proposed global cybercrime treaty without reaching...




cybercrime

Long jail terms for Chinese cybercrime gang in Zambia

Lengthy jail terms have been handed to 22 Chinese citizens - and a Cameroonian man - for cyber-related crimes in Zambia. The gang's only female...




cybercrime

Cybercrime suspects often young, increasingly armed: Dutch police

Young cybercriminals in the Netherlands are increasingly armed, the police and Public Prosecution Service (OM) said in a new report on developments in...




cybercrime

Cybercrime cases spike in Nepal

On the afternoon of August 17, Mahesh stepped out of the exam hall at Modern Secondary School in Bhaktapur, exhausted but relieved after completing a...




cybercrime

European Cybercrime Conference

Held from 16 to 17 October, Europol’s European Cybercrime Conference provided a platform for discussing the latest trends and challenges in...




cybercrime

Is Sri Lanka a cybercrime hub? Foreign Minister warns of impact on fragile economy

These scams, which target victims through emotional manipulation and false promises of romance or investment opportunities...




cybercrime

Biden Administration to Back UN Cybercrime Treaty Amid Controversy

The Biden administration is poised to support a contentious United Nations cybercrime treaty, a move likely to spark debate over potential abuses, according to top officials.




cybercrime

Officers Attend Cybercrime Meeting In Brazil

Detective Chief Inspector Jason Smith and Acting Chief Inspector Mark Tomlinson of the Bermuda Police Service [BPS] are currently in Brazil where they are attending the 9th Americas Working Group meeting on Cybercrime. A police spokesperson said, “The officers addressed the gathering on measures and countermeasures implemented by the [BPS] to deal with cybercrime, which […]




cybercrime

INTERPOL Disrupts Over 22,000 Malicious Servers in Global Crackdown on Cybercrime

INTERPOL on Tuesday said it took down more than 22,000 malicious servers linked to various cyber threats as part of a global operation. Dubbed Operation Synergia II, the coordinated effort ran from April 1 to August 31, 2024, targeting phishing, ransomware, and information stealer infrastructure. "Of the approximately 30,000 suspicious IP addresses identified, 76 per cent were taken down and 59




cybercrime

Undercurrents - Episode 16: Cybercrime in the GCC States, and Fiction from Refugee Camps




cybercrime

PNP denies cybercrime surge

The Philippine National Police belied yesterday the results of a survey conducted by the Social Weather Stations showing a spike in cybercrime cases.




cybercrime

Cybercrime Surge in Tamil Nadu: A Call for Vigilance

Tamil Nadu Police warns of a surge in cybercrimes, with Chennai and Coimbatore residents particularly affected. The police urge the public to report scams to the National Cyber Crime Reporting Portal (NCRP) within 24 hours.




cybercrime

WIRED25 2020: Cybersecurity Experts on Cybercrime in the Time of Covid

Marc Rogers, Nate Warfield, and Ohad Zaidenberg spoke with Andy Greenberg at WIRED25 about the cyber threats facing hospitals and critical infrastructure during the pandemic, and the volunteer cybersecurity experts stopping them.




cybercrime

Cybercrimes on rise: TN Police warns public; Chennai, Coimbatore, 2-tier cities vulnerable




cybercrime

Visakhapatnam cybercrime police arrest four mule account holders from Nellore

A businessman from Visakhapatnam was duped of ₹16.50 lakh by cyber criminals and the bank accounts of the four arrested were used by the main accused, say police




cybercrime

Need to acquire technical knowledge to handle cybercrime cases, says Anakapalli SP





cybercrime

Secure your money, cybercrime cases double during lockdown

The criminal minds too have evolved during this pandemic. While there has been a significant drop in number of heinous crimes in city, cybercrime cases have spiked since lockdown.




cybercrime

'Significant' increase in cybercrime against women during lockdown: Experts

There has been a significant increase in cybercrime against women, especially sextortion, during the COVID-19-induced lockdown with "caged criminals" targeting them online, say experts.




cybercrime

Coronavirus and cybercrimes: Opting for EMI moratorium? Fraudsters are waiting

Banks have been alerting their customers of cyber frauds that can happen while availing EMI moratorium.




cybercrime

Coaxing Cops To Tackle Cybercrime? There's An App For That

Cybercrime is booming, and victims are often at a loss about where to get help. In theory, Americans should report the crimes to the FBI, via its Internet Crime Complaint Center . In practice, the feds get hundreds of thousands of complaints a year, and have to focus on the biggest cases. But the other option, calling the police, can seem even less promising. "They didn't even respond," says Gregg Bennett, whose loss of 100 Bitcoin was described in an earlier NPR story about SIM-swap scams . He says he called his city's police department soon after discovering the theft, but concluded it was a dead end. "They have no ability to look up something like this," Bennett says. "It certainly is not local — this is not a local issue." It's conventional wisdom that cybercrime is too technical and too international for local police to handle. But as daily life becomes more digital, so does everyday crime, and some police say they can no longer avoid wading into the world of phone spoofers,




cybercrime

How Backup And Storage Led To Cybercrime

Technology has come a long way, and cyber protection is the most crucial factor in advancing the future of digital defense. Interestingly enough, cybersecurity was not always an issue in backup and storage; but as technology advances, so do the methods of hackers. Saying this, let’s take a walk down memory lane. The 1900s: Where […]

The post How Backup And Storage Led To Cybercrime appeared first on Dumb Little Man.




cybercrime

Undercurrents - Episode 16: Cybercrime in the GCC States, and Fiction from Refugee Camps




cybercrime

New Home Office funded report urges greater action for cybercrime victims

(University of Portsmouth) The first major UK study into victims of computer misuse crime has exposed the serious harm some victim's experience, as well as barriers to reporting such offences, receiving support, achieving justice and the precarious resources dedicated by the police to cybercrime.




cybercrime

Understanding Cybercrime for Better Policing: Regional and Global Challenges

Research Event

18 June 2019 - 9:00am to 5:30pm

Chatham House | 10 St James's Square | London | SW1Y 4LE

In recent years, cybercrime has evolved from a niche technological concern into a prominent global issue with substantial preventative and remedial costs for businesses and governments alike. Despite heavy investment in sophisticated cybersecurity measures and the adoption of several legal, organizational and capacity-building measures, cybercrime remains a major threat which is evolving on a daily basis. Today’s cybercrime is more aggressive, more complex, more organized and – importantly – more unpredictable than ever before.

The challenges posed by cybercrime are experienced acutely by countries undergoing digital transformations: as the level of connectivity rises, so too does the potential for online theft, fraud and abuse. Cybercrime is pervasive but governments can work to limit its impact by creating a resilient overall economy and robust institution, and appropriately equipping law enforcement and the justice system to navigate its novel challenges.

To advance the discourse surrounding these issues, this workshop will assess the current cyber threat landscape and how it is evolving. It will identify the main obstacles encountered by law enforcement, the judiciary and prosecutors in their fight against cybercrime. It will also compare national, regional and global approaches that countries can use to effectively curb cybercrime and tackle its emerging challenges.

Calum Inverarity

Research Analyst and Coordinator, International Security Department
+44 (0) 207 957 5751




cybercrime

Government agencies name cybercrime as their top fraud risk: PwC

The 'typical' corrupt bureaucrat is a male, university-educated middle manager, aged 41 to 50.




cybercrime

Launching of the Mauritian Cybercrime Online Reporting System (MAUCORS) and Cyber Drill for Top Management

The Computer Emergency Response Team of Mauritius (CERT-MU) organised the launching ceremony for the Mauritian Cybercrime Online Reporting System (MAUCORS) and a Cyber Drill for Top Management in collaboration with the International Telecommunication Union (ITU) at Le Meridien Hotel on Thursday 15th March 2018. The Mauritian Cybercrime Online Reporting System (MAUCORS) was officially launched by Honourable Yogida Sawmynaden, Minister of Technology, Communication & Innovation. This system will help to coordinate and resolve social media incidents efficiently. This system has been developed by the CERT-MU and is one of the key initiative under the newly drafted Cybercrime Strategy that sets out the Government’s approach to combat cybercrime in Mauritius. The cyber drill for top management was also officially opened by Honourable Yogida Sawmynaden, Minister of Technology, Communication & Innovation on the same day. Professor Dr. Marco Gercke conducted the cyber drill for top management of organisations. The objective of this drill was to demonstrate the top executives to assess organizations’ preparedness to resist cyber threats and enable timely detection, response, and mitigation and recovery actions in the event of cyber-attacks. The launching ceremony was attended by around 70 participants and the cyber drill was attended by 55 participants.




cybercrime

Cybercrime in the time of Covid — what firms need to do for security

“Ever since the outbreak, we have observed increased volumes of phishing attacks as well as a number of malicious websites purporting to offer information or advice about the pandemic,” says Venugopal N, director, software engineering, Check Point Software Technologies.







cybercrime

Exclusive: UN cybercrime chief warns against US and Iran cyberattacks

As US-Iran tensions rise following the assassination of an Iranian general and missile attacks on US troops, UN diplomat Neil Walsh warns cyberattacks can be just as impactful




cybercrime

Teenager Accused of Leading Ring of 'Evil Geniuses' on £19.3 Million 'Cybercrime Spree'

The hacker in question hasn't even graduated high school yet.




cybercrime

Department of Justice Disrupts International Cybercrime Rings Distributing Scareware

Today the Department of Justice and the FBI, along with international law enforcement partners, announced the indictment of two individuals from Latvia and the seizure of more than 40 computers, servers and bank accounts as part of Operation Trident Tribunal, an ongoing, coordinated enforcement action targeting international cybercrime.



  • OPA Press Releases

cybercrime

Assistant Attorney General for National Security Lisa Monaco Speaks at the “2012 Cybercrime Conference”

"We often think of national security threats, like that of a catastrophic terrorist attack, as questions about prevention. But the cyber threat is not simply looming – it is here. It is present and growing," said Assistant Attorney General Monaco.




cybercrime

Payment Processor for Scareware Cybercrime Ring Sentenced to 48 Months in Prison

A Swedish credit card payment processor was sentenced today to 48 months in prison for his role in an international cybercrime ring that netted $71 million by infecting victims’ computers with “scareware” and selling rogue antivirus software that was supposed to secure victims’ computers but was, in fact, useless.



  • OPA Press Releases

cybercrime

Ukrainian National Who Co-founded Cybercrime Marketplace Sentenced to 18 Years in Prison

One of the world’s most prolific cybercriminals was sentenced today to serve 18 years in prison for his role in co-founding the notorious website CarderPlanet. At the time of his arrest, Vega possessed more than half a million stolen credit card numbers



  • OPA Press Releases

cybercrime

Cybercrimes in the time of Covid-19: Scamsters taking advantage of pandemic

A variety of phishing campaigns are taking advantage to distribute malware, steal credentials, and scam users