In 2023, the FBI's Internet Crime Complaint Center received over 298,000 phishing complaints — making it the most reported cybercrime category for the fifth consecutive year. But here's what the raw numbers don't tell you: every single one of those incidents started with a
In 2023, the FBI's IC3 received over 880,000 cybercrime complaints with losses exceeding $12.5 billion — and a growing share of those losses trace back to organized fraud rings, not lone hackers. Group online svindel — the coordinated, scalable online fraud committed by organized threat actor groups — is
In 2019, a Lithuanian national named Evaldas Rimasauskas pleaded guilty to stealing over $100 million from Google and Facebook using nothing more than a series of fake email messages. He impersonated a legitimate hardware vendor, sent invoices from a lookalike domain, and two of the most technologically sophisticated companies on
Your Employees Are Hungry — And Threat Actors Are Cooking In 2023, the FBI's Internet Crime Complaint Center (IC3) logged over 298,000 phishing complaints — more than any other cybercrime category for the fifth year running. That's nearly 817 reported phishing attacks per day. And those are
A $9.5 Billion Problem That Keeps Getting Worse The FBI's Internet Crime Complaint Center (IC3) reported $12.5 billion in cybercrime losses in 2023 — a figure that's only climbed since. If you're searching for answers about cyber security, you're asking the
A Single Email That Cost $100 Million In 2019, Toyota Boshoku Corporation lost $37 million after an employee followed wire transfer instructions in a fraudulent email. Facebook and Google collectively lost over $100 million to a Lithuanian threat actor who sent fake invoices posing as a hardware vendor. These aren&
In 2023, a midsize healthcare company discovered that an employee had been syncing patient records to a personal Dropbox account for over two years. No malicious intent — just convenience. The result was a HIPAA violation, a six-figure settlement, and a brutal lesson in shadow IT risks that the organization'
The Breach That Didn't Start With You In 2023, the MOVEit Transfer vulnerability gave threat actors a master key to thousands of organizations — not through their own systems, but through a single third-party file transfer tool. Over 2,600 organizations and 77 million individuals were impacted, according to
Your Employees' Phones Are Under Siege In March 2024, MGM Resorts was still reeling from one of the most expensive social engineering attacks in corporate history — one that started with a phone call, not an email. That incident cost the company over $100 million. And it's not
One Click Cost MGM Resorts $100 Million In September 2023, a threat actor called Scattered Spider called MGM Resorts' IT help desk, impersonated an employee found on LinkedIn, and gained access to the company's entire network. The result: over $100 million in losses, days of disrupted operations,
