Record-Breaking Cybercrime Losses and Data Breaches in 2024
Description
In this episode of Cybersecurity Today, host David Shipley discusses the FBI's report on cybercrime losses in 2024, which reached a record $16.6 billion, marking a 33% increase from the previous year. The report highlights major types of cyber crimes such as phishing, spoofing, extortion, and investment fraud, with older adults being significantly impacted. Additionally, Blue Shield of California experienced a data breach affecting 4.7 million members due to a Google Analytics misconfiguration. The episode also covers global ransomware trends, revealing that 86% of affected firms paid ransoms, and the Verizon Data Breach Investigation Report's findings that ransomware is a factor in nearly half of all cyber incidents. David also previews upcoming cybersecurity events and hints at further discussions on phishing training and data security.
00:00 Record Cybercrime Losses in 2024
04:07 Blue Shield of California Data Breach
07:03 Ransomware Crisis and Global Impact
08:23 Verizon Data Breach Report Insights
09:20 Upcoming Events and Closing Remarks
United States
