state sponsored cyber attacks News

EU Begins to Tackle Cyber Warfare with Targeted Sanctions

Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures, the six individuals …

Australia to Spend Nearly $1 Billion on Cyber Security During Next Decade

SYDNEY – Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses, Prime Minister Scott Morrison said on Tuesday, as Canberra seeks to combat a wave of attacks. The announcement comes just …

State-Based Hackers Target Australia Government, Critical Infrastructure: Prime Minister

Australia’s government, health and education services and various industries are being targeted by sophisticated state-based cyber attacks, Prime Minister Scott Morrison said Friday. Morrison said that while the threat wasn’t new, the frequency of the attacks had been increasing over …

CyberCube Launches Cyber Analytics Product for Broker Market

Cyber risk analytics specialist CyberCube has launched a new software-as-a-service application designed specifically for insurance brokers called “Broking Manager.” “Broking Manager” facilitates client insight for both generalist and cyber specialist brokers, designed to help brokers quantify, understand, and explain to …

CyberCube Releases New Edition of Cyber Accumulation Model

CyberCube, the cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager, the cyber risk modeling platform. Portfolio Manager allows insurers to stress test re/insurance portfolios against a range of systemic cyber-related scenarios, including data …

Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019

Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the international community. Russia’s GRU was behind the “large-scale” October 2019 attack that targeted the presidential administration, various government bodies and …

Cyber Attacks in Europe, Middle East Could Be Work of Turkey-Sponsored Hackers

Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said. The hackers have attacked …

Vietnam-Linked Hackers Steal Intellectual Property from Competitors: Experts

A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber attacks to spy on competitors and help Vietnam catch up to global competitors, according to cyber-security experts. In the last two years, the group, which is believed …

Chinese Hacking Group Resumes Global Attacks on Companies, Agencies

A Chinese government-linked hacking group that was thought to be dormant has been quietly targeting companies and government agencies for the last two years, harvesting data after stealing passwords and circumventing two-factor authentication intended to prevent such attacks, according to …

Group of German Companies – Including BASF, Siemens, Roche – Hit by Cyber Attacks

German blue-chip companies BASF, Siemens, Henkel along with a host of others said on Wednesday they had been victims of cyber attacks, confirming a German media report which said the likely culprit was a state-backed Chinese group. Public broadcaster ARD …