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Impacts of Cyber Threats

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£11.3 Billion Bonanza for Fraudsters: UK Retailers Face Mounting Losses

Retailers beware! A recent study by Adyen and the Centre for Economic Business Research (CEBR) paints a concerning picture of the financial toll fraud...

Brace Yourselves: 2024 Shaping Up to be a Banner Year for Cybercrime

The year 2023 witnessed a significant rise in cyberattacks, causing disruption and financial losses for businesses and individuals alike. However, as we settle into...

Data Disappearing Act: 94% of UAE Orgs Lost Data in Past Year, Proofpoint Reports

A recent report by Proofpoint paints a concerning picture of data security in the United Arab Emirates (UAE). The report, titled "Proofpoint's Inaugural Data...

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,...

A Million Threats, One Message: Kenya’s Cyber Wake-Up Call

Over one billion cyber threats detected in a single quarter – that's the stark reality Kenyan authorities faced in Q4 2023. This staggering figure represents...

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...

Double Booking Bonanza: Fake Renters Dupe Airbnb, Walk Away with $8.5 Million

For years, Airbnb has connected travelers with unique and memorable homes around the world. But in a startling twist, the platform became the target...

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