The Good Tech Companies - INE Alert: $16.6 Billion In Cyber Losses Underscore Critical Need For Advanced Security Training

Episode Date: June 2, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/ine-alert-$166-billion-in-cyber-losses-underscore-critical-need-for-advanced-security-training. ... The FBI's latest Internet Crime Complaint Center (IC3) Annual Report reveals a stark reality: cybercriminals extracted a record $16.6 billion from Check more stories related to cybersecurity at: https://hackernoon.com/c/cybersecurity. You can also check exclusive content about #cybersecurity, #ine-security, #cybernewswire, #press-release, #ine-security-announcement, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @cybernewswire. Learn more about this writer by checking @cybernewswire's about page, and for more stories, please visit hackernoon.com. The FBI's latest Internet Crime Complaint Center (IC3) Annual Report reveals a stark reality: cybercriminals extracted a record $16.6 billion from victims in 2024. While these losses include both individual and organizational victims, the enterprise-focused attacks highlighted in the report underscore a critical skills gap. INE Security is emphasizing the urgent need for technical cybersecurity professionals who can detect, analyze, and neutralize threats.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. INE Alert! $16.6 billion in cyber losses underscore critical need for advanced security training, by Cyber Newswire. Carey, North Carolina, June 2, 2025, Cyber Newswire, INE Security, a global leader in cybersecurity training and certification is emphasizing the urgent need for technical cybersecurity professionals who can detect, analyze, and neutralize threats once they've bypassed initial defenses. The FBI's latest Internet Crime Complaint Center, IC3, annual report reveals a stark reality, cybercriminals extracted a record $16.6 billion from victims in 2024, representing a 33% increase
Starting point is 00:00:47 over the previous year. While these losses include both individual and organizational victims, the enterprise-focused attacks highlighted in the report underscore a critical skills gap. The technical challenge behind the numbers while the FBI report captures the financial damage, the underlying technical reality is more complex. Ransomware evolution The 18% surge in critical infrastructure attacks, led by sophisticated variants like Akira, Lockbit, and RansomHub, demonstrates that modern ransomware operators are using advanced techniques, including lateral movement, privilege
Starting point is 00:01:21 escalation, and data exfiltration that require specialized detection and response skills. Post-compromise detection, the $2.77 billion in business email compromise losses, which primarily target organizations, represent successful attacks that evaded initial security controls. Organizations need security professionals trained in forensic analysis, network traffic analysis, and incident response to identify and contain these threats after they've gained initial access. Cryptocurrency Attack Complexity The 66% spike in cryptocurrency fraud, $9.
Starting point is 00:01:56 3 billion total, includes attacks on both individual and organizational victims, but reflects increasingly sophisticated blockchain analysis requirements and the need for security teams trained in cryptocurrency forensics and threat-hunting methodologies. INE Securities technical training response greater than, while the FBI report captures losses across all victim types, the greater-than-enterprise-focused attacks demonstrate that organizations face increasingly greater than sophisticated threats that require advanced defensive capabilities," said Dara, Warn, CEO of INE Security. Greater than, organizations need security professionals with hands-on technical skills to greater than hunt threats, analyze malware, and respond to incidents with deep technical
Starting point is 00:02:38 greater than expertise. INE Security's enterprise training programs address the post breach reality through Advanced Threat Detection Labs Hands-on training with current CVEs and attack techniques, enabling security teams to recognize and analyze the specific TTPs, tactics, techniques, and procedures used by ransomware groups and advanced persistent threats. Incident Response and Forensics Training Practical skills in malware analysis, memory forensics, and network traffic analysis that enable rapid threat identification and containment once attackers have gained access.
Starting point is 00:03:12 Threat hunting methodologies. Proactive detection techniques that help security teams identify compromise indicators before attacks reach their intended objectives. Industry-specific attack simulation, customized training environments that replicate the specific threats facing manufacturing, healthcare, government, and financial sectors, the industry's most heavily targeted according to the FBI data. The skills gap reality the FBI reports emphasis on successful operation level up, which saved victims $285. $6 million through proactive identification, underscores the value of skilled security professionals who can proactively hunt threats and analyze complex
Starting point is 00:03:51 attack patterns. Greater than, the difference between a $10,000 security incident and a $10 million breach greater than often comes down to detection speed and response capability, emphasized Warren. Greater than, organizations with certified security professionals trained in advanced greater than technical skills detect threats in hours rather than months. Enterprise training that addresses real THREATSINE securities enterprise programs are designed around the technical realities revealed in the FBI report.
Starting point is 00:04:22 Malware analysis training. Hands-on experience with current ransomware families and attack techniques. Network security monitoring. Advanced skills in detecting lateral movement and data exfiltration. Cryptocurrency forensics. Specialized training in blockchain analysis and cryptocurrency threat hunting. Custom threat simulation. Industry-specific attack scenarios based on actual threat intelligence. For organizations looking to build the technical security capabilities needed to combat the sophisticated threats highlighted in the FBI IC3 report, INE SecureT offers customized enterprise training solutions.
Starting point is 00:04:58 Organizations can request a demo to explore how advanced security training may enhance their detection and response capabilities. About INE-SECURITY-INE-SECURITY is the premier provider of online networking and cybersecurity training and cybersecurity certifications. Harnessing a powerful hands-on lab platform, cutting-edge technology, a global video distribution network, and world-class instructors, INE- has trusted BeFortune 500 companies worldwide for their cybersecurity training needs and BYIT professionals looking to advance their careers. INE Security's suite of learning paths offers an incomparable depth of expertise across cybersecurity education and is committed to delivering advanced technical training while also lowering the barriers worldwide for those looking to enter and excel in an IT career.
Starting point is 00:05:48 Contact Katherine Brown INE Security K Brown at in.com This story was published as a press release by CyberNewsWire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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