Data breaches in the US decreased by 19% in 2020 with 1,108 cases, affecting far fewer people at 300 million, when compared to the previous year, according to a report by Identity Theft Resource Center (ITRC). The report noted that this decrease in data breaches did not mean a decrease in cybercrime. The new trend in cybercrime focuses on less data but high-quality data such as passwords. This is used to steal resources from businesses and government agencies.
Malware scams cost Singaporeans S$625,000 since December 2024
Since December 2024, Singaporean authorities have received reports of 82 malware scams, with victims losing over S$625,000. The scams involved fraudulent ads for travel and