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FinNews: The number of cyber attacks more than doubled last year. The attackers have also become much more aggressive in their approach and developed a strong will to persist with their campaigns. Cyber attacks on financial services firms that aimed to harm their infrastructure increased by 160 percent on a global scale over the past twelve months, according to Carbon Black and Optiv Security, two cyber security firms...
MaltaToday: A confidential IT security report seen by MaltaToday shows that HSBC Malta was targeted by the hacking group EmpireMonkey months in advance before their successful hacking of Bank of Valletta.The group carried out a €13 million heist from the bank on 13 February, which led BOV to temporarily take its services offline...
BusinessStandard: Chinese hackers have targetted over two dozen universities in the US and Canada in an apparent bid to steal key maritime military research, The Wall Street Journal has reported. In all 27 universities -- including the University of Hawaii, the University of Washington, Penn State and Duke University and Massachusetts Institute of Technology -- were found to have been hit by the hackers, according to a report by cyber security firm iDefense which was accessed by The WSJ...
Zdnet: The top management at some of the UK's biggest companies still don't fully understand the potential risks of a cyberattack on their business, says a government report. While nearly every big company (96%) claims to have a cybersecurity strategy in place, less than half (46%) back that up with dedicated budget. And only one in eight (16%) say they have a comprehensive understanding of the impact of loss or disruption that comes with cyber threats...
GlobeNewswire: Since 2017 there has been a 400 to 600 percent increase in the amount of cryptomining malware being detected globally, the vast majority of which has been found on social media platforms. Of the top 20 global websites that host cryptomining software, 11 are social media platforms like Twitter and Facebook...
CanadianSecurityMagazine: Cyber security incidents have become the new normal for Canadian companies, with 100 per cent of organizations experiencing attacks, according to the findings of a new study from Scalar Decisions Inc. of more than 400 Canadian IT and security workers...
InformationAge: The number of data breaches reported by UK financial services firms to the Financial Conduct Authority (FCA) increased 480% in 2018, to 145 up from just 25 in 2017*, shows research from RPC, the City-headquartered law firm. Data breaches are on the rise. And, the financial services sector is an especially lucrative target; along with the personal data bulging healthcare sector...
PRNewswire: Rise in cyber-attacks, increase in demand for cloud services, and favorable regulatory requirements & government policies facilitate the growth in the global healthcare cyber security market...
IrishTimes: Employees are still the weak link in the security system, with poor habits that potentially put organisations at risk of critical data and intellectual property loss, and severe legal and reputational repercussions, new research from Microsoft has found...
Telegraph: Businesses and government agencies in the United States have been targeted in aggressive attacks by Iranian and Chinese hackers who security experts believe have been energized by President Trump’s withdrawal from the Iran nuclear deal last year and his trade conflicts with China...
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