Cybercrime
Can a pledge from a bunch of tech companies save the world from AI Cyber Attacks
A few weeks ago, OpenAI, the AI company backed by Microsoft, found itself at the center of controversy after one of its AI-powered tools was reportedly used in an autonomous cyberattack targeting three companies, resulting in data theft and significant disruption. Among the victims, only Hugging Face came forward publicly to disclose that it had […]
Better be aware of this ongoing PayPal Phishing Scam that seems genuine
PayPal, the widely used online payment platform, is currently facing scrutiny after being linked to a “No Phish Phishing” scam that is tricking users into falling for a sophisticated fraud scheme. The scam, which exploits a weakness in PayPal’s operational system, is deceiving users with emails that appear to be notifications about payments being processed. […]
Financial impact of cybercrime
The financial strain on businesses is growing at an alarming rate, largely as a result of escalating cybercrimes. The financial implications of cyberattacks are becoming impossible to ignore. The increasing frequency and sophistication of these threats demand a more strategic approach to cybersecurity investment, yet many organisations continue to underestimate the financial consequences of a […]
