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13 Cybercrime Facts That Will Give You Chills
- Ransomware payments bad guys received in 2023 exceeded $1.1 billion, according to Chainalysis data.
- One company paid a ransom demand of $75m to the Dark Angels ransomware group in 2024, according to cybersecurity company Zscaler.
- More than half of the organisations surveyed by Biocatch shelled out between $5m and $25m in 2023 due to AI-driven threat, with 12% suffering at least $25m in damages.
- Older adults thought to have topped $1.9bn in reported fraud losses in 2023, according to US Federal Trade Commission, with unreported costs believed to put the figure at more than $61bn.
- The FBI warns that generative AI technologies are increasingly being used for various fraud scams. In particular, generative AI is being used for various cybercrime scams like virtual kidnapping.
- Data exfiltration is occurring faster than ever before in almost 45% of the cases, according to Palo Alto.
- Unmanaged devices are targeted in 90% of ransomware events, according to the 2024 Microsoft Digital Defense Report.
- 95% of polled security leaders believe AI-powered security tools will improve their organisations' speed and efficiency when it comes to combating cyber threats, according to Darktrace.
- Google is implementing mutual TLS to ensure that user credentials are bound to a device, while the US Secret Service may be granted new powers related to fighting cybercrime.
- The number of data breach victims increased by a whopping 1,170% YoY from Q2 2023 to Q2 2024, according to the Identity Theft Resource Center.
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