In 2021, it was reported that over 67,500 cybercrimes occurred in Australia, which is an increase of 13% compared to the previous year. This reiterates that despite implementing strong policies and controls, due diligence is needed to help thwart cybercriminals who continue attempting advanced and sophisticated...
While overregulating the cryptocurrency space is not advisable, it is important for the Biden administration to look into the areas in which cryptocurrencies pose the greatest risks, says Nichole Dennis, director and government relations specialist with Cybercrime Support Network.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.