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Cybersecurity

The Pros and Cons of Using AI to Defend Against Cyber Threats

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Artificial intelligence is transforming cybersecurity for both companies and criminals. On one hand, it offers powerful tools for experts to detect and prevent cyberattacks. On the other, cybercriminals are leveraging AI to launch increasingly sophisticated attacks. CFOs aiming to strengthen cybersecurity need a clear understanding of both benefits and risks. However, many remain cautious. According […]

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FBI Report: Cybercrime Loss Reaches Record $16 Billion

Blog, Breach, Cyberattack, Identity Protection /

Americans have lost a record $16 billion in cybercrime, according to a recent report from the FBI. The annual Internet Crime Complaint Center (IC3) report shows the latest trends and statistics in cybercrime and related financial losses and victim reports.  The $16 billion in losses is a 33% rise over the previous year. Victims most

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Protect Your Data as REAL ID Scams Persist

Blog, Cyberattack, Cybersecurity, Identity Protection /

The REAL ID enforcement deadline officially passed on May 7, 2025, and with summer travel about to ramp up Memorial Day weekend, many Americans are still scrambling to update their identification to stay compliant with TSA regulations. Unfortunately, cybercriminals are capitalizing on the confusion and urgency, rolling out a new wave of REAL ID-related scams.

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23andMe Declares Bankruptcy, Raising Personal Data Concerns for 15 Million

Blog, Cybersecurity, Identity Protection /

Genetic testing and biotechnology company 23andMe filed for bankruptcy in federal court  March 23, raising privacy concerns for its 15 million customers who have shared their genetic information through its direct-to-consumer DNA tests.  As the 19-year-old company seeks a buyer, the fate of this sensitive genetic information remains uncertain. Unless the data is deleted, it

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Bank of America Customers Affected in Cyberattack Weren’t Informed for Nearly 90 days

Blog, Breach, Cyberattack, Cybersecurity, Identity Protection /

A November cyberattack on Infosys McCamish Systems, a service provider for Bank of America, exposed personal data of over 57,000 customers enrolled in deferred compensation plans. Although the breach, linked to the LockBit ransomware group, occurred November 3 it wasn’t reported to Bank of America until November 24—leading to a nearly 90-day delay in notifying

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Poor Cyber Hygiene: A Direct Path to Data Breaches

Blog, Cyberattack, Cybersecurity, Identity Protection /

2024 was a tumultuous year for cybersecurity.  Cybercrime reached unprecedented levels, evolving into a staggering global menace. With a total economic impact exceeding $10.4 billion — double the losses reported in 2023 — this criminal enterprise now ranks as the third-largest global economy, surpassed only by the United States and China.  No industry was safe

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Top 10 Cybersecurity Trends to Watch in 2025

Blog, Breach, Cyberattack, Cybersecurity, Identity Protection /

From AI-fueled threats to shifting geopolitical tensions, 2025 promises to bring both opportunities and risks for cybersecurity leaders. Here are the top cybersecurity trends to watch in 2025. 1. AI-Fueled Threats and Defense Artificial intelligence (AI) will continue to significantly impact cybersecurity. While AI technologies can enhance cyber defense, they can also be leveraged by

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Top Cyberattacks of 2024

Blog, Cyberattack, Cybersecurity, Identity Protection, Ransomware /

As 2024 wraps up, cyberattacks caused major headaches across various industries, most often in healthcare and critical infrastructure. This year, we’ve seen a surge in ransomware attacks hitting healthcare providers, leading to stolen patient data and service disruptions. Additionally, Chinese espionage activities have intensified, targeting U.S. and allied nations’ critical sectors to potentially disrupt services

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More than half of Americans have had personal data exposed by cyber criminals

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More than half of Americans have had personal data exposed by cyber criminals on at least one of their accounts and 44 percent have had it happen to them multiple times. A recent U.S. News report focuses on the increasing number of cyber attacks targeting individuals. The “Digital Privacy Survey Report 2024” gathered responses from

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8 Key Insights for Cybersecurity Awareness Month

Blog, Breach, Cybersecurity /

October is Cybersecurity Awareness Month, an opportune time to revisit the constantly changing state of cybersecurity in 2024 and beyond. With cyberattacks continuing to grow in frequency and complexity, they pose a significant threat to businesses, governments, and even democracy. The World Economic Forum’s Global Risks Report highlights just how serious these risks are, ranking

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