Cyber loss stories
Businesses face $2.58 million in losses per hour from bots
Fri, 20th Dec 2024
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cyber loss
Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.
New AI tool SecureGPT launched to aid retail loss prevention
Thu, 12th Dec 2024
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cyber loss
Appriss Retail has launched SecureGPT, a generative AI tool aimed at enhancing data analysis for retail loss prevention specialists.
UK IT leaders say £145K cyber loss needed for execs to act
Wed, 15th May 2024
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cyber loss
UK cybersecurity leaders are downplaying risks amid boardroom pressure, with many believing a £145k financial loss is needed to spur executive action.
State-affiliated threat actors attribute 57% of all known web app incidents over last five years - Report
Tue, 27th Jul 2021
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cyber loss
According to a multi-source report, state-affiliated threat actors attributed to 57% of all known web application incidents over the last five years.
Global cybercrime losses rapidly approaching trillion-dollar mark - McAfee report
Wed, 9th Dec 2020
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cyber loss
Global losses from cybercrime are close to becoming a ‘trillion-dollar’ shackle that is weighing down the global economy.
Unprotected machine identities costing firms billions - report
Tue, 3rd Mar 2020
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cyber loss
Poorly protected machine identities are costing firms between USD $51 billion and USD $72 billion globally, according to a report by Venafi and AIR Worldwide.
New cyber insurance website launched for Kiwi SMBs
Mon, 22nd Feb 2016
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cyber loss
Frank Risk Management pioneers NZ's first online cyber insurance hub for SMEs, offering a digital shield against growing cyber threats.
NetSafe reports $1m Kiwi cyber losses
Mon, 13th Aug 2012
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cyber loss
Kiwis lose nearly $1m to cyber crimes as Netsafe reveals a surge in online scams and hacked accounts in New Zealand.