Cybersecurity

Why Layered Security and Cybersecurity Best Practices Are Critical in 2024 Cybersecurity threats are becoming more sophisticated and frequent, putting businesses of all sizes at risk. In 2023 alone, the average cost of a data breach reached $4.45 million globally, up 15% from 2020, according to the IBM Cost of a Data Breach Report (IBM, … Read more

How Phishing Attacks Have Evolved in 2024 Phishing attacks have been a persistent threat for years, but in 2024, they became more sophisticated and complex to detect. Cybercriminals are leveraging advanced tactics, such as AI-generated phishing emails and multi-step social engineering schemes, to trick employees and compromise business data. This evolution has led to a … Read more

Why Small Businesses Are Prime Targets for Ransomware Attacks Cybercriminals are increasingly targeting small and mid-sized businesses (SMBs) with ransomware attacks, and the trend is growing alarmingly. A 2024 report by IBM revealed that the average cost of a ransomware attack is $4.88 million (a 10% increase from last year), including ransom payments, lost revenue, … Read more

Recently, Halliburton, a major player in the oil and gas industry, confirmed a data breach that compromised sensitive information from its corporate systems. The incident, attributed to the RansomHub ransomware group, has raised concerns about cybersecurity practices in large organizations. As Halliburton continues to assess the scope of the breach, it underscores the urgent need … Read more

In its latest report, Cloudflare reveals a concerning increase in cyber threats for 2024. Almost 7% (6.8%) of internet traffic is now considered malicious, up from last year. This alarming rise is driven by factors such as wars and elections, with many attacks targeting Western websites from pro-Russian groups like REvil, KillNet, and Anonymous Sudan. … Read more