Cybercrime is projected to reach an alarming US$10.5 trillion by 2025, rising from the current cost of US$6 trillion. With the exponential increase in online data, cybersecurity threats continue to grow, and the frequency of attacks is expected to escalate. This underscores the critical need for C-suite executives to prioritize cybersecurity measures and stay ahead […]
Slim CD Data Breach Exposes 1.7 Million Credit Card Records Payment gateway provider Slim CD has disclosed a data breach that exposed the personal and credit card details of nearly 1.7 million individuals. Hackers gained unauthorized access to the company’s network for almost a year, from August 17, 2023, to June 15, 2024. While the […]
On August 9, 2024, cryptocurrency firm Unicoin experienced a significant cyberattack that resulted in a four-day lockout from essential Google services. The breach targeted Unicoin’s Google G-Suite account, impacting all employees with “@unicoin.com” email addresses. The attack led to unauthorized changes in passwords and severely disrupted internal operations by rendering crucial tools like Gmail and […]