Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023
Ransomware attacks netted cybercrime groups a total of $813.5 million in 2024, a decline from $1.25 billion in 2023. The total amount extorted during the first half of 2024 stood at $459.8 million, blockchain intelligence firm Chainalysis said, adding payment activity...
SparkCat Malware Uses OCR to Extract Crypto Wallet Recovery Phrases from Images
A new malware campaign dubbed SparkCat has leveraged a suit of bogus apps on both Apple’s and Google’s respective app stores to steal victims’ mnemonic phrases associated with cryptocurrency wallets. The attacks leverage an optical character...
The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025
Privileged Access Management (PAM) has emerged as a cornerstone of modern cybersecurity strategies, shifting from a technical necessity to a critical pillar in leadership agendas. With the PAM market projected to reach $42.96 billion by 2037 (according to Research...
North Korean APT Kimsuky Uses forceCopy Malware to Steal Browser-Stored Credentials
The North Korea-linked nation-state hacking group known as Kimsuky has been observed conducting spear-phishing attacks to deliver an information stealer malware named forceCopy, according to new findings from the AhnLab Security Intelligence Center (ASEC). The attacks...
Top 3 Ransomware Threats Active in 2025
You arrive at the office, power up your system, and panic sets in. Every file is locked, and every system is frozen. A ransom demand flashes on your screen: “Pay $2 million in Bitcoin within 48 hours or lose everything.” And the worst part is that even...
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