16 Jan 2019

Data breaches, cyberattacks are top global risks alongside natural disasters and climate change

The World Economic Forum (WEF) has released its Global Risks Report for 2019. According to the organization, the number one risk for this year is extreme weather. The second biggest risk has to do with shortcomings in global efforts to address climate-change, while natural disasters clinched the third spot. Cybersecurity

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15 Jan 2019

Cryptocurrency mining malware is the number one malware menace – again

The latest edition of Check Point’s Most Wanted Malware list indicates that cryptojackers – malware that covertly mines cryptocurrency on infected devices – remain the most prevalent type of malware. The four highest entries are all cryptojackers, with Coinhive clinching the top spot once again. A notable newcomer on the

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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

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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

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