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Yahoo News: Cybercriminals laundered $8.6bn (£6.4bn) worth of cryptocurrency last year, a 30% increase compared to the previous year, new data has shown.
ZDNet: According to the 2021 Annual Data Breach Report published by the Identity Theft Resource Center (ITRC) on Monday, the overall number of data compromises (1,862) is up more than 68% compared to 2020 (1,108). Out of the 1,862 compromises, 1,600 of those were cyberattacks.
Finextra: Based on data from eight years of working to assess cyber risk at hundreds of companies across many sectors in dozens of countries, it is clear that the financial sector is one of the best prepared for an attack, reflecting years of improvements and investment. But, although it only lagged behind the industrial, cyber and manufacturing sectors, the financial sector still has a lot of work to do, we found in our soon-to-published research.
Funds Europe: The cybersecurity megatrend is set to continue in 2022 as demand for cybersecurity solutions remain “relatively constant” after some “major hacks” in 2021, according to Christopher Gannatti, global head of research at WisdomTree.
Help Net Security: The finance industry is constantly targeted by numerous threat actors, and they are always innovating and trying new techniques (such as deepfakes) to outsmart security teams and breach an organization’s network.
ZDNet: Cybersecurity firm Check Point Research has released new data from 2021 showing that among their customers, there was a significant increase in overall cyberattacks per week on corporate networks compared to 2020.
NPR: Cybersecurity and space are emerging risks to the global economy, adding to existing challenges posed by climate change and the coronavirus pandemic, the World Economic Forum said in a report.
CNBC: Scammers took home a record $14 billion in cryptocurrency in 2021, thanks in large part to the rise of decentralized finance (DeFi) platforms, according to new data from blockchain analytics firm Chainalysis.
ZDNet: The threat of cyberattacks is growing and much more needs to be done to educate businesses and users about risks in order to prevent widespread damage and disruption as a result of cyber incidents.
Help Net Security: Between cloud proliferation, new tech infrastructure and tools and an increasingly distributed workforce, organizations are struggling to implement proper risk management practices.
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