How Cyber Insurance Supports the Fight AGAINST Ransomware: Marsh October 9, 2019 By Matthew McCabe As the cyber insurance market continues to grow, it’s only natural to discuss its place in the battle against cyber-attacks,...
Ransomware Attack Locks Out New Bedford City Data September 9, 2019 A Massachusetts mayor says hackers demanded $5.3 million from his city in a ransomware attack this summer. New Bedford Mayor...
Philippines’ RCBC Sues Bangladesh Central Bank over ‘Vicious’ Cyber Heist Claims March 13, 2019 A Philippine bank has filed a lawsuit accusing Bangladesh’s central bank of defamation, hitting back at what it says are...
Stolen Apple IDs Used by Hackers to Steal Cash, Warn Chinese Digital Payments Firms October 11, 2018 By Bloomberg News Ant Financial’s Alipay and Tencent Holdings Ltd. warned that cyber attackers employed stolen Apple IDs to break into customers’ accounts...
North Korean Hackers Tried to Steal $1.1B over 4-Year Period: FireEye Report October 8, 2018 By Yalman Onaran A North Korean hacking group focused on financial gain for the rogue state has penetrated banks around the world with...
UK’s Tesco Bank Slapped with $21.4M Fine for ‘Foreseeable’ Cyber Attack in 2016 October 1, 2018 By Huw Jones Britain’s markets watchdog has fined Tesco 16.4 million pounds ($21.4 million) for failing to protect account holders at its bank...
Cyber Criminals Steal $13.5M from India’s Cosmos Bank August 15, 2018 By Rajendra Jadhav Cyber criminals hacked the systems of India’s Cosmos Bank and siphoned off nearly 944 million rupees ($13.5 million) through simultaneous...
Hackers Could Target Fax Machines as Backdoor into an Organization’s Network August 14, 2018 By Robert Stevens What could be less threatening than the old office fax machine? Nothing. That’s precisely why it’s used as a backdoor...
Mastermind Behind ATM Malware Attacks Arrested in Spain March 27, 2018 By Charlie Devereux The mastermind behind malware attacks that programmed ATMs to spit out cash on demand and caused more than 1 billion...
Uber Sued in Pennsylvania After Data Stolen by Hackers Covered Up March 7, 2018 By Marc Levy The ride-hailing company Uber broke Pennsylvania law when it failed to notify potential victims, including thousands of drivers, for a...