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Record-Breaking Cybercrime Losses and Data Breaches in 2024

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Manage episode 478949307 series 2146884
Content provided by Tech Newsday and Jim Love. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tech Newsday and Jim Love or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of Cybersecurity Today, host David Shipley discusses the FBI's report on cybercrime losses in 2024, which reached a record $16.6 billion, marking a 33% increase from the previous year. The report highlights major types of cyber crimes such as phishing, spoofing, extortion, and investment fraud, with older adults being significantly impacted. Additionally, Blue Shield of California experienced a data breach affecting 4.7 million members due to a Google Analytics misconfiguration. The episode also covers global ransomware trends, revealing that 86% of affected firms paid ransoms, and the Verizon Data Breach Investigation Report's findings that ransomware is a factor in nearly half of all cyber incidents. David also previews upcoming cybersecurity events and hints at further discussions on phishing training and data security.

00:00 Record Cybercrime Losses in 2024 04:07 Blue Shield of California Data Breach 07:03 Ransomware Crisis and Global Impact 08:23 Verizon Data Breach Report Insights 09:20 Upcoming Events and Closing Remarks

  continue reading

1102 episodes

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iconShare
 
Manage episode 478949307 series 2146884
Content provided by Tech Newsday and Jim Love. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tech Newsday and Jim Love or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of Cybersecurity Today, host David Shipley discusses the FBI's report on cybercrime losses in 2024, which reached a record $16.6 billion, marking a 33% increase from the previous year. The report highlights major types of cyber crimes such as phishing, spoofing, extortion, and investment fraud, with older adults being significantly impacted. Additionally, Blue Shield of California experienced a data breach affecting 4.7 million members due to a Google Analytics misconfiguration. The episode also covers global ransomware trends, revealing that 86% of affected firms paid ransoms, and the Verizon Data Breach Investigation Report's findings that ransomware is a factor in nearly half of all cyber incidents. David also previews upcoming cybersecurity events and hints at further discussions on phishing training and data security.

00:00 Record Cybercrime Losses in 2024 04:07 Blue Shield of California Data Breach 07:03 Ransomware Crisis and Global Impact 08:23 Verizon Data Breach Report Insights 09:20 Upcoming Events and Closing Remarks

  continue reading

1102 episodes

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