financial services
-
FinCEN: Ransomware Payments Fell in 2024 After 2023 Peak, Report Shows
FinCEN reported 4,194 ransomware incidents from 2022–2024 with more than $2.1 billion in payments; activity peaked in 2023 and fell in 2024 after law enforcement disruptions of major gangs.
-
Businesses Face $98.5 Million Annual Loss Due to Cyber Threats and Operational Inefficiencies
A study by FIS and Oxford Economics reveals that businesses are losing an average of $98.5 million annually due to cyber threats and operational inefficiencies, with technology companies being the hardest hit.



