Cyber loss Stories

Global Stories

Cyber loss stories

Businesses face $2.58 million in losses per hour from bots

Cequence warns businesses could face average losses of USD $2.58 million per hour this December due to surging malicious bot traffic and fraud.

By Catherine Knowles • 2 min read • Fri, 20th Dec 2024

Data Analytics

New AI tool SecureGPT launched to aid retail loss prevention

Appriss Retail has launched SecureGPT, a generative AI tool aimed at enhancing data analysis for retail loss prevention specialists.

By Catherine Knowles • 2 min read • Thu, 12th Dec 2024

Breach Prevention

UK IT leaders say £145K cyber loss needed for execs to act

UK cybersecurity leaders are downplaying risks amid boardroom pressure, with many believing a £145k financial loss is needed to spur executive action.

By Sean Mitchell • 3 min read • Wed, 15th May 2024

Cloud Security

State-affiliated threat actors attribute 57% of all known web app incidents over last five years - Report

According to a multi-source report, state-affiliated threat actors attributed to 57% of all known web application incidents over the last five years.

By Ryan Morris-Reade • 4 min read • Tue, 27th Jul 2021

Cloud Access Security Broker

Global cybercrime losses rapidly approaching trillion-dollar mark - McAfee report

Global losses from cybercrime are close to becoming a 'trillion-dollar' shackle that is weighing down the global economy.

By Staff Writer • 3 min read • Wed, 9th Dec 2020

Machine identity

Unprotected machine identities costing firms billions - report

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.

By Sara Barker • 3 min read • Tue, 3rd Mar 2020