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#financial-loss

Majority of UK employees 'willingly gamble' with security | Computer Weekly

More than two-thirds of UK workers take cyber risks knowingly, exposing organizations to breaches and financial loss.
Phishing attacks have decreased, but financial losses and reputational damage are on the rise due to human error.

CIOs have never been more important to a company's success

Data quality is essential for enterprises to become data-driven and avoid financial losses.

Elon Musk, investors reportedly lose more than $24B on X acquisition

Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.

International Malware Takedown Seized 100+ Servers

Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.

Intel will cut over 15,000 jobs in a sweeping cost-cutting effort

Intel plans to cut over 15,000 jobs in a cost-reduction plan after a $1.6 billion net loss in Q2.

The Teenager Who Lived a Secret Double Life as a Millionaire Crypto Bandit

Darren Marble lost $100,000 to SIM swapping, exposing vulnerabilities in cryptocurrency security and the emotional impact on the victims.

Majority of UK employees 'willingly gamble' with security | Computer Weekly

More than two-thirds of UK workers take cyber risks knowingly, exposing organizations to breaches and financial loss.
Phishing attacks have decreased, but financial losses and reputational damage are on the rise due to human error.

CIOs have never been more important to a company's success

Data quality is essential for enterprises to become data-driven and avoid financial losses.

Elon Musk, investors reportedly lose more than $24B on X acquisition

Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.

International Malware Takedown Seized 100+ Servers

Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.

Intel will cut over 15,000 jobs in a sweeping cost-cutting effort

Intel plans to cut over 15,000 jobs in a cost-reduction plan after a $1.6 billion net loss in Q2.

The Teenager Who Lived a Secret Double Life as a Millionaire Crypto Bandit

Darren Marble lost $100,000 to SIM swapping, exposing vulnerabilities in cryptocurrency security and the emotional impact on the victims.
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Red Lobster vastly underestimated how much shrimp people could eatbut it may still be a marketing win

Red Lobster's Endless Shrimp promotion caused an operating loss of $11 million but gained significant attention and viral trend on social media.
Despite falling sales and closures, the promotion attracted a higher proportion of people than expected, leading to increased interest and customer engagement.

Woman loses Rs 1.4 lakh to AI voice scam: What is it and how not to become a victim - Times of India

AI-generated voice fraud is on the rise, with scammers using artificial intelligence to mimic the voices of trusted individuals.
Common AI voice scams involve impersonating family members, friends, customer service representatives, or government officials.
To avoid AI voice scams, never give out personal information over the phone unless you are certain of the caller's identity and be aware of the latest scam techniques.
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