An August ransomware attack by the RansomHub gang led to Halliburton, an energy industry service provider, reporting a loss of $35 million due to shutting down IT systems and client disconnections. Although the monetary impact for a company of Halliburton’s size is small, the type and scope of data stolen remain unclear, potentially exposing clients and leading to further costs due to legal action.
Cybercriminals harness AI to boost phishing & malware attacks
Artificial Intelligence (AI) tools are increasingly being used by small cybercriminal groups to develop more persistent malware, trick users into downloading malicious payloads, and create
