Attacks

Just a year after its record-breaking fiasco—and arguably one of the biggest data breaches in history—the credit bureau, Equifax, is back in business. But at what cost? After weathering a major storm of legislative and regulatory inquiries, leaders in the company have yet to make any significant business decisions about how to improve their business

Stolen bank details, credit card info, and plenty of other damaging information are now for open sale on the dark web—it’s no secret. For a few years now, it has been the place to trade illegal merchandise of all kinds, including the personal information of those scammed by phishing attacks and similar exploits. While this realization

Ponemon Institute in partnership with IBM has recently launched the 2018 Cost of Data Breach report. It comes with a corresponding calculator to give companies a close estimate of the possible business cost if they become a victim of a data breach or security attack. Cost of Data Breach is a yearly report released publicly,

When reviewing their networks and PC installations for unchecked/overlooked attack surfaces, system administrators should always be alert. By definition, an attack surface is the area of a computer installation where an attacker can breach the system. For this reason, it is a critical job for system admins to maintain a computing environment with minimal attack

The cryptocurrency trading scene now defines the old adage, “every man for himself.” Without any form of government or state-backed regulation, a blockchain-based currency such as Bitcoin and its derivatives must rely solely on speculation to assess the flow of trading. With all the recent interest in this form of trading and the nature of their

May 12, 2017, will always be remembered by the corporate world, especially the healthcare industry as a date when a new cyber-extortion racket, the WannaCry malware was unleashed and no cybersecurity software was able to anticipate it. It took advantage of a flaw in Server Message Blocks (SMB) version 1.0 to penetrate an otherwise security-hardened

A Distributed Denial of Service (DDoS) is a cyber attack that causes a website or online service to crash and become unavailable for a certain amount of time. These attacks use multiple compromised systems to target a single website causing a denial-of-service to users of the affected site. A DDoS attack is known to affect

Experts and authorities typically discourage companies under threat of ransomware from paying the crypto fees requested to release their encrypted data. But this common response may soon become a thing of the past as fresh EU legislation that took effect last month, now known as the General Data Protection Regulation (GDPR), will leverage hefty fines

The University of Greenwich has suffered a data breach, following which the Information Commissioner has imposed a fine of £120,000 ($160,000) upon the University; the breach involved the personal data of almost 20,000 people. A release from the Information Commissioner’s Office (ICO) says- “The University of Greenwich has been fined £120,000 by the Information Commissioner

Mexico’s central bank Governor Alejandro Diaz de Leon told journalists late Monday that the attack on the payment system was unprecedented and that he hoped that measures being taken would stop future incidents. Hackers have managed to get away with hundreds of millions of pesos from leading Mexican banks by targeting the payment systems. Reuters