Cyber Criminals Nabbed $1.3B in Ransom Payments Over 2 Years: Report February 11, 2022 By Ilena Peng Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in...
UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market February 10, 2022 By Ryan Hesketh UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber...
10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk February 10, 2022 In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of...
Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack February 9, 2022 By John O'Donnell and Huw Jones FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount,...
Cyber Attack Targeting German Fuel Storage Stretches to 6th Day February 8, 2022 By Rachel Graham and Jack Wittels A cyber attack targeting fuel storages in Germany and parts of northern Europe stretched into a sixth day with little...
Cybercrime Gang Tied to Ransomware Attacks in Germany, Colonial Pipeline Hackers February 4, 2022 By Ryan Gallagher A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany’s fuel-distribution system this...
UK Snack Company Hit by Ransomware Attack, Which Could Cause Delivery Delays February 3, 2022 Hackers are hitting Britain where it hurts by targeting some of its favorite savory snacks, with the likes of Hula...
Hackers Target Key Fuel-Distribution Firms in Europe February 3, 2022 By Jack Wittels, Rachel Graham and Ryan Gallagher Europe’s fuel-supply network fell victim to a cyberattack — less than a year after the biggest refined petroleum pipeline in...
Hackers Seize $80M of Digital Assets From Qubit in Latest DeFi Attack January 31, 2022 By Akayla Gardner More than $80 million of digital assets were swiped from a decentralized finance platform in the latest hack of cryptocurrency...
Regional Cyber Conflicts Could Lead to Infrastructure Attacks in 2022: CyberCube January 25, 2022 Three regional cyber conflicts could lead to infrastructure attacks and damaging cyber espionage in 2022, a new report from cyber...