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Graph showing phishing scam losses in September 2024.
cybersecurity

Phishing Scams Result in $46 Million Losses in September 2024

Foresight News reports that phishing scams led to significant losses in September, totaling approximately $46 million with over 10,000 affected addresses. The third quarter of 2024 saw total losses...

Federal ReserveChart showing the Federal Reserve's financial losses exceeding $200 billion.

Federal Reserve Reports Over $200 Billion in Losses

The Federal Reserve's losses have surpassed $200 billion, marking a significant financial shift. Despite this, officials assure it won't hinder monetary policy. Learn more about the implications of...

CryptocurrencyWeb3.0 Security Report 2024 Losses Overview Image

Web3.0 Security Report Reveals $753 Million Losses in Q3 2024

The latest Web3.0 Security Report by CertiK reveals that $753 million was lost in Q3 2024 due to 155 security incidents, marking a 9.5% increase in losses compared to the previous quarter. Phishing...

2023 projectionsGraph showing OpenAI's revenue increase and projected losses for 2023.

OpenAI's Revenue Soars to $300 Million But Faces $5 Billion Loss

OpenAI has seen impressive growth, with revenues hitting $300 million in August, a 170% increase since January 2023. Despite projected annual revenues of $3.7 billion for 2023 and $11.6 billion for...

banking newsSilvergate Bank closure analysis due to regulatory impact and financial losses.

Silvergate Bank Closure: Impact of Regulatory Changes and Financial Setbacks

Silvergate Bank's closure has been attributed to sudden regulatory changes affecting its digital asset operations and a staggering loss of nearly $949 million in 2022, highlighting the challenges f...