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Financial Crime

Breaking the Bank: Ransomware Payments Exceed $1 Billion in 2023, Sounding Alarm for Businesses and Individuals

The grim reality of ransomware attacks intensified in 2023, with reports indicating that payments to cybercriminals surpassed a staggering $1 billion. This significant milestone,...
Banking & Cybersecurity

French Banking Giant Credit Agricole Hit by Cyberattack: What Lessons Can We Learn?

On February 7th, 2024, French banking giant Credit Agricole faced a cyberattack that disrupted its online and mobile banking services for several hours. While...
Asia

When Your Boss Isn’t Who They Seem: The Urgent Need for Employee Cybersecurity Awareness

The recent case of a Hong Kong finance worker defrauded of $25 million after a deepfake video call highlights a chilling reality: even sophisticated...
America

Beyond the Sombrero: Mexican Firms Targeted by AllaKore RAT in Deceptive Financial Fraud Scheme

Under the warm Mexican sun, a digital shadow creeps. A new wave of cyberattacks is targeting Mexican businesses, wielding a modified remote access trojan...
America

H2O Hacked: Veolia North America Hit by Ransomware, Raising Concerns for Critical Infrastructure

In a chilling instance of cybercrime targeting critical infrastructure, global water services giant Veolia North America recently fell victim to a ransomware attack. While...
Africa

Burkina Faso Fighting Against Cybercrime: Burkina Faso Cracks Down on Cybercrime Gang Targeting Money Transfer Shops

Ouagadougou, Burkina Faso: Burkinabè authorities have dealt a blow to cybercrime, dismantling a ring of young criminals specializing in identity theft and digital cash...
Africa

Cybersecurity Awareness 10 -Dodging the Digital Devils: 10 Tips to Avoid Financial Frauds and Ticketing Scams at AFCON 2024

As the anticipation for AFCON 2024 in Ivory Coast reaches fever pitch, fans from across the continent gear up to witness the beautiful game...
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Financial Crime 0
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