Cyber Attack on Asia-Pacific Ports Could Cost $110B, Hitting Global Supply Chains October 30, 2019 A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half...
Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors, Their Clients: Beazley October 29, 2019 Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT...
Johannesburg City Hit by Hackers Who Demanded Bitcoin Ransom October 28, 2019 By Roxanne Henderson and Jacqueline Mackenzie The City of Johannesburg shut down its website and billing systems after a group hacked into the authority’s system and...
U.K. Repelled 658 Cyber Attacks This Year, Many From Hostile Foreign States October 23, 2019 By Kitty Donaldson The National Cyber Security Centre defended the U.K. from 658 cyber attacks in the year to October — many from...
Cyber-Attacks Named as Top Business Risk in U.S., Canada and Europe, by WEF Survey October 1, 2019 By L.S. Howard Cyber-attacks are named as the leading risk for business executives in the United States, Canada and Europe, according to a...
Hackers Target Airbus via Computer Systems of Suppliers, Contractors September 26, 2019 By Benjamin Katz and Helene Fouquet Airbus SE said it has taken steps to shield itself from cyber attacks targeting the European aerospace and defense company...
Canada’s Desjardins Reports Costs of $53M Related to Data Breach August 13, 2019 Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a...
UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
Group of German Companies – Including BASF, Siemens, Roche – Hit by Cyber Attacks July 24, 2019 German blue-chip companies BASF, Siemens, Henkel along with a host of others said on Wednesday they had been victims of...
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...