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Ransomware attack cost IKEA operator in Eastern Europe $23 million
Fourlis Group, the operator of IKEA stores in Greece, Cyprus, Romania, and Bulgaria, has informed that the ransomware attack it suffered just before Black Friday on November 27, 2024, caused losses estimated to €20 million ($22.8 million). The security incident became public on December 3, 2024, when the group admitted that the technical problems IKEA online shops were facing were due to “malicious…
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US lab testing provider exposed health data of 1.6 million people
Laboratory Services Cooperative (LSC) has released a statement informing it suffered a data breach where hackers stole sensitive information of roughly 1.6 million people from its systems. LSC is a Seattle-based nonprofit organization that provides centralized laboratory services to its member affiliates, including select Planned Parenthood centers. It plays a crucial role within its niche, supporting organizations in the reproductive health…
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Hackers Stole Health Records From 1.6 Million Planned Parenthood Patients
Another major data breach has compromised the sensitive health records of more than 1.6 million patients—including minors under 18—who received care at Planned Parenthood in more than 30 states. Laboratory Services Cooperative (LSC), which provides lab testing services to reproductive health clinics across the U.S., is notifying individuals who may have been affected by a security incident that took place…
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Six arrested for AI-powered investment scams that stole $20 million
Spain’s police arrested six individuals behind a large-scale cryptocurrency investment scam that used AI tools to generate deepfake ads featuring popular public figures to lure people. The scam was very successful, defrauding 19 million Euros ($20.9M) from 208 victims worldwide. The police operation, codenamed “COINBLACK – WENDMINE,” started two years ago following the submission of a victim’s complaint. The action…
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GitHub expands security tools after 39 million secrets leaked in 2024
GitHub announced updates to its Advanced Security platform after it detected over 39 million leaked secrets in repositories during 2024, including API keys and credentials, exposing users and organizations to serious security risks. In a new report by GitHub, the development company says the 39 million secrets were found through its secret scanning service, a security feature that detects API…
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Cyber scams cost businesses $1.7 million per year, claims report
Ninety-eight percent of businesses experienced a cyber attack in 2024, with 94% reporting associated financial losses of at least $500,000, according to the 2025 CyberScam Report from security firm BrandShield. Based on a survey of 200 CISOs from the UK, US, and Europe, the research discovered that suffering a cyber attack in 2024 had a significant impact on a CISO’s…
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Apple fined €150 million over App Tracking Transparency issues
Autorité de la concurrence, France’s antitrust watchdog, has fined Apple €150 million ($162 million) for using the App Tracking Transparency privacy framework to abuse its dominant market position in mobile app advertising on its devices. App Tracking Transparency (ATT) requires apps to request users’ permission to collect their data for targeted advertising purposes before tracking them across websites, apps, and…
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ReliaQuest targets international growth, agentic AI gains with $500 million investment
Cybersecurity firm ReliaQuest has raised $500 million as part of a funding round aimed at accelerating international growth and product development. Led by EQT, KKR, and FTV Capital, the funding round brings ReliaQuest’s valuation to $3.4 billion and will enable the firm to drive the development of agentic AI security tools. The investment comes amid a period of rapid growth…
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U.S. seized $8.2 million in crypto linked to ‘Romance Baiting’ scams
The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via ‘romance baiting’ scams. Previously referred to as ‘pig butchering,’ in this type of financial fraud victims are manipulated into making investments on fraudulent websites/apps that showcase massive returns. Convinced they’re making a profit, the victims invest increasing amounts, but when they…
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UK fines software provider £3.07 million for 2022 ransomware breach
The UK Information Commissioner’s Office (ICO) has issued a £3.07 million fine on Advanced Computer Software Group Ltd for a 2022 ransomware attack that exposed the sensitive personal data of 79,404 people, including National Health Service (NHS) patients. The cyberattack was announced in early August 2022 when various NHS services, including 111 emergency services, suffered significant outages, pointing to a breach…
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