How to disrupt cybercrime's profitable business model

Cybercrime isn’t just a risk, it’s a massive expense. The average cost of a data breach has risen to $4.45 million (IBM, 2024). Investing in cybersecurity today costs a fraction of recovering tomorrow. #CyberSecurityAwarenessMonth #DataProtection #Fairdinkum #ITservices

Cybercrime Costs Are Skyrocketing Cybercrime is projected to cost the world $10.5 trillion annually by the end of 2025. SMBs are especially vulnerable, with 46% of attacks targeting businesses under 1,000 employees. Learn how to protect your business >> https://lnkd.in/epz9GAFd #CyberSecurityAwareness #HumanRiskManagement #SMBsecurity #LBMCTech

Cybercrime is a business, with specialization driving its growth. Need malicious software? Malware developers are at your service. Looking to tap into unauthorized networks or systems? Access brokers have the keys. Think of the cybercrime economy as a marketplace, with each stall selling criminals exactly what they need for their attack. Every day, the Digital Crimes Unit is seeing this reality up close working to disrupt criminals by combining legal, technical, and intelligence-driven action. It’s one part of a larger effort to break the business model of cybercrime itself. Because when attackers scale, defenders need to scale smarter. More here: https://msft.it/6044sFuwM

Ransomware has been a problem for both end users and businesses since the early 2000s, but due to recent advances in technology, ransomware has the ability to take over a user’s computer and files in no time. According to Cybersecurityventures.com, they predict that growing ransomware will cost victims $275 billion annually by 2031. Ransomware will only get worse over time....

Microsoft reports a 32% rise in identity hacks in 2025, with over 97% driven by stolen passwords. Attackers use infostealers, social engineering, and ransomware strains exploiting AV exclusions. #IdentityTheft #Ransomware #USA link: https://ift.tt/ifC2Zy8

When your kid puts Ransomware-as-a-Service in the cart … Cybercrime has gone "as-a-service." What used to require deep technical skills is now being sold like a subscription plan: ransomware-as-a-service, phishing-as-a-service, even fraud-as-a-service. This lowers the barrier for criminals and makes attacks more frequent, more targeted, and sadly, more successful.

Stop fighting cybercrime with outdated methods. It's time to turn your digital defense into a strategic advantage. In his latest blog post, our COO, Manish Vrishaketu, explains why businesses must move beyond manual processes to combat threats such as invoice fraud and ransomware. The answer lies in leveraging secure, automated platforms to build a resilient and proactive defense. Read his article here: https://lnkd.in/gh_XjimD #DigitalDefense #Automation #Cybercrime

Financial institutions are under constant attack, from AI-driven fraud to ransomware that evolves faster than regulations. Listen to David Mauro, Vice President of Strategic Growth, as he shares why proactive cybersecurity is key to protecting trust in the financial sector. Since 1984, NetGain Technologies has helped financial institutions stay one step ahead. Learn more at https://hubs.la/Q03PkZ6J0 to protect what matters most and build lasting trust. #CybersecurityAwarenessMonth #SecureOurWorld #NetGainTechnologies #Cybersecurityinfinance

US company Vcinity fell victim to a ransomware attack by threat actor "play," who demanded payment for data decryption. This highlights ongoing cybersecurity challenges in the United States. #RansomwareAttack #DataBreach #UnitedStates link: https://ift.tt/25M07gn

It’s not a nation-state attack. Not some cutting-edge exploit. It's someone clicking the wrong link, sending the wrong file, or overlooking a misconfiguration. Cybersecurity isn’t just about technology. It’s about people, processes, governance – and when things go wrong, it’s about the legal and regulatory response. Cybersecurity threats are escalating: ☠️ Ransomware damages projected to reach $265B annually by 2031 ☠️ Deepfakes fooling executives into multimillion-dollar transfers ☠️ Phishing scams more sophisticated and successful than ever At Capsicum Group, we don’t just contain incidents. We uncover decisive facts, safeguard sensitive assets, and provide courtroom-ready expertise when litigation or regulatory action follows. We’ve been on the front lines for 25 years and are ready to help. Reach out today to take the next step in cyber-resilience. #CyberAwareness #CyberResilience #CyberSecurityAwarenessMonth