Cybersecurity threats escalated in 2024 as AI was increasingly integrated into attack and defense mechanisms globally. These threats included a surge in cyber fraud, ransomware attacks, and data breaches. IBM reported the global average cost of a data breach hit $4.67 million, a 5% increase from 2023. Africa, especially Nigeria, experienced significant challenges as the integration of technology made it a prime target for cybercriminals, leading to considerable financial losses. Enhanced security strategies leveraging AI are necessary to counter the evolving threats.
North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to
