CFOtech Canada - Technology news for CFOs & financial decision-makers

Extortion stories - Page 2

Dimly lit industrial control room multiple screens warning symbols cyber attack disruption

Ransomware attacks surge 28% in September as Industrials sector hit hardest

Thu, 30th Oct 2025
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ransomware
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advanced persistent threat protection
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supply chain
Global ransomware attacks surged 28% in September, with Industrials hardest hit, as cyber criminals ramp up efforts ahead of the busy holiday season.
Realistic shadowy figure dimly lit office holding usb data theft

Data exfiltration pushes ransomware payouts past USD $1 million

Wed, 13th Aug 2025
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virtualisation
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firewalls
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ransomware
Ransomware payouts have surged past USD $1 million in Q2 2025, driven by data exfiltration and social engineering in targeted attacks on mid-sized firms.
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Coinbase offers USD $20 million bounty after insider data breach

Fri, 16th May 2025
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data protection
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mfa
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crypto
Coinbase says a data breach affected around 1% of users, with cybercriminals demanding a USD $20 million ransom, which was firmly rejected by the firm.
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Zero-day hackers shift focus to enterprise tech in Google's report

Thu, 1st May 2025
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firewalls
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network security
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breach prevention
Google's GTIG reports 75 zero-day exploits in 2024, highlighting a rising threat to enterprise tech despite a slight overall decrease from 2023.
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Cybercrime losses soar to USD $16.6 billion in 2024, outpacing US box office

Thu, 24th Apr 2025
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mfa
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phishing
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email security
Cybercrime surged to USD $16.6 billion in 2024, outpacing major US industries and spotlighting social engineering and older victims as prime targets.
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Google warns of rising global threat from N Korean IT ops

Wed, 2nd Apr 2025
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ransomware
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advanced persistent threat protection
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supply chain
A report by Google highlights a surge in North Korean IT operations, now expanding beyond the US to target firms and governments in Australia and Europe.
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BlackFog launches first anti-data exfiltration for macOS

Wed, 19th Feb 2025
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data protection
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ransomware
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advanced persistent threat protection
BlackFog has launched its groundbreaking anti-data exfiltration solution for macOS, aiming to protect against the rising tides of ransomware and AI-driven cyber threats.
Stevestone

Cybersecurity in 2025: A Landscape of Evolving Threats and Strategic Shifts

Thu, 30th Jan 2025
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ransomware
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cloud security
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ai
As 2025 approaches, businesses face an evolving cybersecurity landscape marked by geopolitical tensions and sophisticated cybercrime threats, demanding urgent strategies.
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Google report reveals rising cloud data security threats

Fri, 24th Jan 2025
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data protection
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ransomware
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mfa
Google Cloud Security's latest report reveals a surge in cloud data threats, with actors refining tactics for data exfiltration and identity exploitation.
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Gen foresees rising AI-driven scams & identity risks by 2025

Thu, 5th Dec 2024
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physical security
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email security
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iam
Gen's cybersecurity predictions for 2025 highlight a surge in identity theft and hyper-personalised scams driven by AI advancements and major breaches.