A new report says people were scammed out of a record-breaking $304 million in the past year after being “catfished.” Image: iStock/Melpomenem Quarantining left many people bored and lonely and in search of love, but a lot were left with broken hearts: Romance scams have increased during the pandemic. A new report finds a record-breaking loss of $304 million in 20201 due to these scams compared to $202 million in 2019. There were 32,792 so-called…

Ireland has been warned by the United States that storing large amounts of data makes it an attractive target for cyber-criminals. The caution was uttered by John Demers, the assistant attorney general at the US National Security Division, while giving a keynote address at the IFPC2021 Cybersecurity and FinCrime conference.  Delegates representing more than 90 countries logged on to view the event as it was live streamed from Dublin on April 21. Demers shared a quote from…

Organizations are increasing investments in cybersecurity and their dependence on third parties—even in light of disruptions, according to PwC’s Cyber Trust report. Image: iStock/http://www.fotogestoeber.de Increased investments in cybersecurity (74%), information security (64%) and consumer privacy (60%) are the top priorities of business leader respondents to demonstrate a commitment to building digital trust, according to a newly released report. PwC’s latest Cyber Trust report also found that business leaders identified cloud security (64%) and data protection…

The UK must work with other liberal democracies to ensure the internet and emerging digital technologies remain free and open. This is the view of Jeremy Fleming, director of GCHQ, who gave the 2021 Vincent Briscoe lecture for the Institute for Security Science and Technology at Imperial College London. Fleming began by noting the increasingly prominent role of technology in all areas of society, which has been exacerbated by the COVID-19 pandemic in the past…