The Allianz Risk Barometer identified cyber incidents as the leading global risk for the fourth consecutive year, fuelled by increasing reliance on technology and the rapid development of AI. Ransomware accounted for 58% of large cyber insurance claims in the first half of 2024. Negative impacts of AI include facilitating criminal disruption and spreading misinformation, yet AI can also help to mitigate cybersecurity risk. Balancing the pros and cons of AI implementation is a key challenge.
Hackers using fake Ledger Live app to steal seed phrases and drain crypto
Cybercriminals are using fake Ledger Live apps to steal macOS users’ cryptocurrency by replacing the legitimate app with malware that prompts users to input their