Cybercrime stories - Page 21
Any use of network connected electronic devices such as computers or smartphones for criminal activity
is classified as cybercrime. With a long history starting with the misuse of telephone systems (such as
‘phreaking’), cybercrime today includes the creation and distribution of viruses, ransomware, keyloggers
and other malware, the download and use of malware produced by others, social engineering tactics
such as phishing or (physical) impersonation, the theft and use of credentials for accessing computer
systems or networks, and the theft of privileged data. Cybercrime is a broad and dynamic field, with
cybercriminals constantly adapting their methods in pursuit of usually financial goals, but also
occasionally seeking to disrupt, embarrass or shame their targets.
Coinbase offers USD $20 million bounty after insider data breach
Fri, 16th May 2025
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data protection
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mfa
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crypto
Coinbase says a data breach affected around 1% of users, with cybercriminals demanding a USD $20 million ransom, which was firmly rejected by the firm.
Scattered Spider hackers shift focus from UK to US retailers
Fri, 16th May 2025
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ransomware
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mfa
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phishing
Cybercriminal group Scattered Spider, known for targeting UK retailers, has shifted focus to major US retailers, raising fresh cybersecurity concerns.
Scattered Spider & DragonForce target UK retail in new attacks
Thu, 15th May 2025
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ransomware
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cybersecurity
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threat intelligence
Recent UK retail cyber attacks linked to Scattered Spider group and the DragonForce ransomware signal an evolving threat with sophisticated tactics targeting IT infrastructure.
Andy Frain notifies 100,000 after major ransomware breach
Tue, 13th May 2025
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data protection
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ransomware
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breach prevention
Andy Frain Services disclosed a data breach affecting 100,964 individuals in October 2024, with ransomware group Black Basta claiming responsibility.
Ransomware surge sees hackers demand up to USD $8.6 million
Tue, 13th May 2025
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ransomware
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cloud security
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breach prevention
Cybersecurity experts warn ransomware threats are surging, targeting cloud systems and exploiting human error, amid rising attacks in the UK and beyond.
Why is ransomware still a thing in 2025?
Tue, 13th May 2025
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malware
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firewalls
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vpns
Ransomware persists in 2025 as attackers exploit easy targets, with cybercrime losses hitting USD $16.6 billion despite soaring cybersecurity investments.
Cyber experts urge resilience amid rise in sophisticated ransomware
Mon, 12th May 2025
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ransomware
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phishing
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email security
Organisations worldwide are urged to bolster defences as ransomware threats intensify, with attacks becoming more sophisticated and costly, experts warn.
Broadcom forces VMware clients to roll back crucial updates
Sat, 10th May 2025
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firewalls
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data protection
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dr
Broadcom forces VMware customers on expired support to roll back security updates, risking exposure to known vulnerabilities and increased cyberattack threats.
Ransomware attacks expose urgent risks for critical utilities
Fri, 9th May 2025
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malware
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data protection
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ransomware
Spanish water supplier Aigües de Mataró was hit by ransomware, highlighting growing cyber risks to essential infrastructure worldwide, experts warn.
Oxford Saïd launches MBA boosting cyber resilience skills
Thu, 8th May 2025
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digital transformation
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advanced persistent threat protection
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partner programmes
Oxford Saïd launches a new MBA elective in cyber resilience, featuring a live cyberattack simulation to prepare leaders for evolving cyber threats.
Scattered Spider exploited UK retailer service desks
Thu, 8th May 2025
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ransomware
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mfa
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cybersecurity
Cybercriminal group Scattered Spider targets UK firms like Marks & Spencer and Harrods by tricking IT service desks in social engineering attacks.
Cyberattacks on UK retail giants spark security concerns
Mon, 5th May 2025
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breach prevention
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ai
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cybersecurity
Harrods, Marks & Spencer and Co-op face a surge in cyberattacks, highlighting cybersecurity challenges within the UK retail sector amid rising digital threats.
Rise in AI-driven cyberattacks prompts urgent action for SMEs
Mon, 5th May 2025
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ransomware
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semiconductors
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phishing
Two thirds of global firms saw a rise in cyberattacks last year, with AI-driven threats and lack of expertise raising security concerns, says Hiscox report.
Harrods cyber attack spotlights retailer risk amid cutbacks
Fri, 2nd May 2025
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ransomware
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phishing
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email security
The recent cyber attack on Harrods highlights rising cyber threats to retailers, linked to economic pressures potentially weakening security defences.
Experts urge businesses to move beyond passwords for security
Fri, 2nd May 2025
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mfa
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cloud security
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advanced persistent threat protection
On World Password Day, experts urge moving beyond strong passwords to layered security, including MFA and AI, as 79% of attacks now bypass malware.
Cyber attack on M&S exposes UK food supply chain risks
Thu, 1st May 2025
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devops
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mfa
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advanced persistent threat protection
Marks & Spencer's recent cyber attack exposes vulnerabilities in the UK's food supply chain, prompting urgent calls for stronger cyber security measures.
Zero-day hackers shift focus to enterprise tech in Google's report
Thu, 1st May 2025
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firewalls
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network security
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breach prevention
Google's GTIG reports 75 zero-day exploits in 2024, highlighting a rising threat to enterprise tech despite a slight overall decrease from 2023.
Subscription & 'mystery box' scams surge with new tactics
Thu, 1st May 2025
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phishing
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email security
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cybersecurity
Bitdefender warns of over 200 sophisticated fraud sites using fake ads and subscriptions to scam consumers with deceptive 'mystery box' offers online.
Forrester warns of deepfakes & AI extortion in 2025 threats
Wed, 30th Apr 2025
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ransomware
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phishing
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email security
Forrester's report reveals top cybersecurity threats in 2025, including regulatory upheavals, deepfakes, AI risks, insider threats, and GenAI-driven extortion.
Cybercriminal groups use RDGAs in scams, phishings
Tue, 29th Apr 2025
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malware
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phishing
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email security
Cybercriminal groups Reckless Rabbit and Ruthless Rabbit use registered domain algorithms to carry out investment scams costing US consumers USD $5.7 billion in 2024.