15 Jan 2019

Don’t Ignore These 10 Global Business Risks In 2019

In order for companies to thrive in 2019, business leaders need to prepare for a great number of cyberthreats and other risks. According to Chloe Demrovsky, CEO of Disaster Recovery Institutce International (DRI), the most important risks include the potential start of a new worldwide financial crisis; steep fines companies may need

Read More
15 Jan 2019

Arm yourselves for healthcare’s cybersecurity war

US healthcare organizations (HCOs) are highly popular targets for cyberattacks for two reasons. First of all, HCOs are easy to breach, since a majority of them lack a proper cybersecurity program based on the NIST Cybersecurity Framework, and many organizations use poorly secured medical internet of things (IoT) devices. Secondly, threat actors

Read More
15 Jan 2019

Average Cost of Cyberattack Now Exceeds $1 Million

According to new research by Radware, an average cyberattack now costs over $1 million. If only exact calculations of costs for organziations are taken into account and estimates are omitted, the average cost of an attack is $1.67M. The most reported negative consequences of suffering a cyberattack are operational disruption and

Read More
14 Jan 2019

Cyberattack on Treasury bonds could be the missing ingredient for next economic crisis

New research shows that the massive increase in government debt in the US and other countries since the financial crisis of 2007-2009, has created a situation in which a targeted cyber attack could propel the global economy into crisis. The weak link that threat actors could attack to seriously damage the

Read More
14 Jan 2019

Filled with malware, phishing and scams, does the web need a safety manual?

Cybercrime is a booming economy estimated to cost the world $600bn per year. Naturally, the rise of cybercrime is connected to the ever-increasing importance of the Internet in modern life. However, one major reason for the success of cyber criminals is the fact that very few people receive proper security

Read More
14 Jan 2019

Del Rio City Hall Forced to Use Paper After Ransomware Attack

Last Thursday, The City Hall of Del Rio, Texas suffered a ransomware attack. The City’s M.I.S. (Management Information Services) Department responded to the attack by disconnecting the local network from the Internet and prohibiting staff from logging on to their computers, thereby forcing them to perform their duties using only pen and

Read More
11 Jan 2019

McAfee casts doubt on Ryuk ransomware connection to North Korea

Security researchers with McAfee have released a report in which they argue that the recent Ryuk ransomware attack on Tribune Publishing Co., which disrupted the distribution of various major US newspapers, was not carried out by North Korean hackers, as various media outlets have claimed. According to the report, the threat actors

Read More
11 Jan 2019

Reddit users locked out of accounts after “security concern”

Reddit has informed a large number of users about a “security concern” that requires them to reset their passwords. The security concern refers to unusual user behavior spotted by Reddit admins, which indicated a credential-stuffing attack affecting many accounts. One Reddit admin explained that the company suspects threat actors were

Read More
10 Jan 2019

Here’s How DHS Expects Cyberattackers to Target Emergency Services

The Department of Homeland Security has issued an analytic graphic detailing how it expects cyber attacks against the Emergency Services Sector could be conducted.

Read More
10 Jan 2019

Iran-Linked DNS Hijacking Attacks Target Organizations Worldwide

FireEye has discovered a global DNS hijacking campaign targeting governments and businesses, including companies vital to telecommunications and Internet infrastructure. The cybersecurity firm says it has found evidence indicating that the attacks may be carried out by hackers working for the Iranian government. The attackers attempt to gain access to targeted networks

Read More