In 1914, a satirical illustration published in Australia used the three-letter acronym CEO for what is believed to be the very first time. The abbreviation for chief executive officer didn’t catch on in corporate America until 1972, but within three years almost all heads of Fortune 500 companies were using the CEO title. Today, just about everybody knows what a CEO is, although the position of the top-ranking corporate officer has evolved a great deal over the decades. Nvidia (NVDA) CEO Jensen Huang be ...

Interpol Arrests 83 in ‘Landmark’ African Operation Hitting Crypto Terrorist Financing, Cybercrime► https://t.co/QsrBJ3Qr5n https://t.co/QsrBJ3Qr5n ...

The recent wave of cyberattacks against Japanese businesses has exposed critical weaknesses in the country’s corporate digital defenses, fueling fears of further disruption to sales and supply chains.In the past month, Asahi Group Holdings Ltd. was forced to take its distribution system offline and revert to phone orders for beer and beverages after a ransomware attack, while retailers relying on Askul Corp. lost access to their e-commerce platforms.The surge reflects a combination of factors, including the ...

Core Insights - Asset managers are particularly vulnerable to cybercrime due to the sensitive data and large volumes of money they handle [1] - A survey revealed that 93% of investment management executives experienced at least one cyber incident in the past year, with nearly 20% facing multiple threats [2] Cybersecurity Risks - 88% of surveyed executives acknowledged that a successful cyberattack could lead to asset withdrawals or losses, with this figure rising to 94% among CFOs [3] - Concerns include operational disruption (63%), financial theft or fraud (47%), loss of client trust (46%), and increased insurance premiums (30%) [3] Preparedness and Response - Ransomware is the type of attack that 51% of executives feel least prepared to recover from [4] - While most leaders believe employees can recognize AI-driven threats, about one-third lack full confidence, and only 17% prioritize security awareness training in the coming year [5] Cybersecurity Spending - Over 78% of firms increased cybersecurity spending in the past year, with 88% of firms managing $101 million to $500 million in assets doing so [6] - Registered investment advisers were the least likely to increase security budgets, with only 57% doing so, and 11% significantly decreasing IT spending [6] Assessment Frequency - 41% of firms still rely on quarterly or less-frequent cybersecurity assessments, creating vulnerabilities that attackers can exploit [7]

Criminal Activity - Criminal gangs in China have generated over 1 billion USD from spamming smartphones [1] - The spam messages relate to issues such as unpaid highway tolls [1]

After a fake-nude photo scandal rocked a New Jersey high school, one teen is suing the website allegedly behind the images’ creation https://t.co/PSIoC3U3Y5 ...

Cybercrime has long been dominated by thieves who set out to steal information for profit. Now they’re being joined by thugs who aim to use the threat of damage to extort higher payments. There are three ways to soften the blow https://t.co/SJpkVe4191Illustration: Ben Jones https://t.co/kSfSZXrbP3 ...

Cybercrime Trends - Cybercrime领域长期以来以窃取信息以牟利的盗贼为主[1] - 威胁破坏以勒索更高金额的暴徒正在加入网络犯罪[1] Mitigation Strategies - 存在三种减轻网络攻击影响的方法[1]

Oracle zero-day vulnerabilities are being targeted by at least one major cybercrime group and the FBI says it's looking bad. https://t.co/KnV1NAj2Ma ...

Cybercrime groups are big-game hunting, researchers say. https://t.co/dlhbbJc1FC ...