Meta to scrap fact checkers and use community-generated ‘notes’ instead.
Meta is revising its content moderation approach on Facebook and Instagram by replacing fact-checkers with community-generated “notes,” similar to X’s platform. CEO Mark Zuckerberg criticized fact-checkers as politically biased and acknowledged that more harmful content may surface as a result. These changes come amid political shifts, with Meta aiming to improve relations with President-elect Trump. Critics argue this move is politically motivated and undermines moderation efforts, with some calling it a retreat from safe content moderation practices.
Read More: CNN
Ransomware turns 35, now a billion-dollar threat.
Ransomware, which began in the 1980s, has evolved into a billion-dollar industry. In 2023, cybercriminals earned $1 billion through ransomware attacks, exploiting technologies like cryptocurrency and cloud computing. Ransomware-as-a-service and AI tools are expected to further professionalize attacks. Experts predict ransomware costs will reach $265 billion annually by 2031, with potential risks from cloud systems, autonomous attacks, and geopolitical involvement. Despite technological advancements, the core tactics of ransomware remain effective and likely to persist.
Read More: CNBC
Phishing click rates triple in 2024.
Phishing attacks on enterprise users surged by 190% in 2024, with 8 out of 1000 users clicking phishing links monthly. The rise is attributed to increased phishing attempts and more sophisticated tactics. Cloud applications, particularly Microsoft, were the most targeted. Phishing link clicks have shifted from emails to web sources, like search engines and shopping sites. Meanwhile, 94% of companies used GenAI apps, with increased security measures in place, including blocking apps and implementing data loss prevention systems.
Read More: Infosecurity Magazine
