Eight Days After Cyberattack, Baltimore’s Network Still Hobbled May 17, 2019 By David McFadden More than a week after a cyberattack hobbled Baltimore’s computer network, city officials said Wednesday they can’t predict when its...
‘Sextortion’ Is Emerging Cyber Risk for Businesses, Warns Beazley February 21, 2019 A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially...
Colorado Agency Targeted in Massive Ransomware Scheme November 30, 2018 No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the...
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...
Siemens Joins 8 Industry Partners (Including Allianz) to Counter Cyber Attacks February 16, 2018 By Oliver Sachgau and Jacqueline Simmons Siemens AG is joining with companies including Airbus SE and IBM to try to counter large-scale hacking attacks that threaten...
Russian-Speaking Hackers Steal $10M from U.S., Russia Banks: Cyber Security Firm December 12, 2017 By Jake Rudnitsky A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in...
UK Banks Under-Reporting Successful Cyber Attacks: Regulator December 7, 2017 By Suzi Ring UK banks still aren’t telling regulators about all the cyber attacks on the financial services industry despite a ten-fold increase...
With 4,000 Ransom Attacks a Day, Cyber Crime Threatens Financial Sector: Europol November 9, 2017 By Axel Bugge The “remorseless” growth of cyber crime is leading to 4,000 ransom attacks a day and gangs’ technological capability now threatens...
Cyber Risk Is Putting Pressure on Property Insurance Underwriters November 6, 2017 By Elizabeth Blosfield Property underwriters are feeling the pressure as cyber has become an increasing source of risk within the property insurance industry,...
Basic IT Best Practice Would Have Limited WannaCry Cyber Attack: UK Report October 30, 2017 By Nate Lanxon and Tim Ross The U.K. government holds North Korea responsible for the global WannaCry ransomware attack that crippled parts of the state-run National...