FBI’s dark web investigations hampered by inefficiencies, overlapping objectives of different units

The FBI should establish a “formalized bureau-wide dark web strategy” to address operational shortcomings in how it tackles illegal darknet activities, a Department of Justice (DoJ) audit has recommended. The DoJ’s Office of the Inspector General (OIG) concluded that the status quo – whereby FBI units involved in dark web investigations develop their own strategies in isolation – led to inefficiencies, overlaps in remit, and misallocated resources.
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Recent McAfee Report Finds Cybercrime Losses Exceeds $1 Trillion

Recently, McAfee released a new global report entitled “The Hidden Costs of Cybercrime.” As the name suggests, the report examines the financial and underreported impacts of cyber-threats. According to the findings, cybercrime losses cost the global economy upwards of $1 trillion; this is equivalent to 1 percent of global GDP and a 50 percent increase since 2018.
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IT security under attack: A typical day in the life of an IT admin or security analyst

 IT security professionals are expected to know everything. Most of them are self-taught and have learned on-the-job. Over time, experience has turned them into battle-hardened soldiers. The pressure is real, as they are responsible for the configuration, administration and, most importantly, the security of the entire infrastructure.
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Why microlearning is the key to cybersecurity education

To mitigate the threat to their networks, systems and assets, many organizations perform some type of annual cybersecurity awareness education, as well as phishing simulations. Unfortunately, attackers are quick to adapt to changes while employees’ behavior changes slowly. Without a dramatic shift in how we educate employees about cybersecurity, all industries are going to see a rise in breaches and costs.
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Cybersecurity report: Average household hit with 104 threats each month

In recent months, organizations around the globe have adopted remote work policies to mitigate the spread of COVID-19. Many schools and universities have also switched to online learning curricula during the coronavirus pandemic. At the same time, cyberattacks have surged as cybercriminals attempt to exploit vulnerabilities in technical infrastructure vulnerabilities in the age of remote work and virtual learning.
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Cybercrime is maturing. Here are 6 ways organizations can keep up

In 2020, the world has experienced many challenges. Among them, hastened digitalization has brought new opportunities but also new risks. According to the World Economic Forum Global Risks Report 2020, cyberattacks rank first among global human-caused risks and RiskIQ predicts that by 2021 cybercrime will cost the world $11.4 million each minute.
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