November 14, 2023

Are the elderly or Gen Z more vulnerable to online scams?

Gen Z is usually considered a generation of true digital natives: teens and young adults who have never known life without a smartphone. But new data released from cybersecurity analysts with Google reveals that Gen Z’s familiarity with surfing the net might have a surprising downside.

The rate of financial loss in America due to internet scams has been rising steadily over the past five years. According to the FBI Internet Crime Complaint Center, Americans lost $10.3 billion in reported internet scams and hacks in 2022. Given how reluctant some scam victims are to come forward, data analysis group Social Catfish estimates that the actual number of losses might rise as high as $200 billion. But who are the biggest losers?

Check out Grandparents less gullible than Gen Z when it comes to online scams

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News roundup Mon, November 13, 2023

Stories, news, politics and events impacting the network security industry during the last week.

• OpenAI ChatGPT disruptions the result of DDoS attacks
• Hackers are using fake Windows news portals in new malvertising campaign
• Farnetwork’s ransomware-as-a-service business model exposed by security researchers
• North Korea’s BlueNoroff hacker group targeting macOS users with new malware
• Threat actors taking advantage of Looney Tunables Linux bug
• Ransomware attackers exploiting critical flaw in Atlassian
• Hidden for 5 years, StripedFly malware infected 1 million devices
• New cybercrime service can bypass Android security and install malware
• Read more

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