AI vs. Fraud: How Cybercriminals Exploit Technology & The Future of Fraud Prevention

Team8’s Latest Report Highlights Emerging Fraud Threats and Strategies for Prevention The battle against fraud is entering a new phase, driven by artificial intelligence (AI) and real-time payments. A new report from Team8, Fraud Exposed: An In-Depth Look at AI and Other Disruptive Trends and Technologies Shaping the Fraud Landscape, outlines the evolving fraud landscape … Read more

Identity Governance and Administration Struggles Continue, Omada Report Finds

Cybersecurity Budgets Grow, but Identity Governance Challenges Remain Omada’s State of Identity Governance 2025 report highlights ongoing struggles with Identity Governance and Administration (IGA), even as security funding increases. Based on insights from over 500 IT and business leaders, the report reveals persistent gaps in automation, cost efficiency, and access control. Michael Garrett, CEO of … Read more

Global Cyber Threats Surge: 5 Billion Attacks Detected in 2024 – Mimecast Report

Cybercriminals Exploit Trusted Services for Attacks Cybercriminals increasingly exploit legitimate online services to mask their attacks, according to Mimecast’s Global Threat Intelligence Report (H2 2024). The report highlights a rise in phishing, ransomware, and nation-state-backed cyber operations across global cyber threats. Hackers are leveraging platforms like Microsoft’s OneDrive, Google Docs, and Dropbox to host malicious … Read more

DDoS Attacks Surge 56% in 2024

DDoS Attacks Continue to Escalate DDoS attacks surged 56% in Q3-Q4 2024 compared to the same period in 2023, according to Gcore’s latest Radar report. The total number of attacks also increased by 17% compared to Q1-Q2 2024. Attackers are deploying more sophisticated methods, making detection and mitigation increasingly difficult. The most severe attack recorded … Read more

Third-Party Cyber Risks Endanger Insurance Industry: 59% of Breaches Linked to Vendors

A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore vulnerabilities in the supply chain that expose critical policyholder data to cyber threats. The study analyzed 150 top insurance firms, revealing an industry struggling with … Read more

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