The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank. On Sept. 24, 2019, requests from more than 15,000 internet addresses throughout China flooded the bank’s website, knocking part of it intermittently offline. To unclog the network, the bank took […]
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The Central Bank of the UAE (CBUAE) conducted on Sunday a first-of-its-kind cyberattack simulation exercise designed to test the resilience of the country’s banking sector against cyber threats. “The exercise affirms CBUAE’s preparedness to prevent or mitigate cyber threats that may cause disruptions to the UAE’s economy and financial stability,” a statement by CBUAE explained. […]
This year has been unlike any other in living memory, barely any aspects of our lives have been spared by the impact of the worst public health crisis in decades. The worldwide COVID-19 pandemic shifted the way we lead our day-to-day, laying bare to our collective fragility, while greatly heightening our sense of uncertainty. The […]
Fear of automation has been present since the first industrial revolution, and as we slowly edge closer toward entering its fourth iteration, that very same fear has lingered and begun to creep up once more. Only now it has cozied up to another worthy ally that could unearth age old fears of job loss: artificial […]
Prominent U.S. cybersecurity firm FireEye said Tuesday that foreign government hackers with “world-class capabilities” broke into its network and stole offensive tools it uses to probe the defenses of its thousands of customers, who include federal, state and local governments and top global corporations. The hackers “primarily sought information related to certain government customers,” FireEye […]
By late morning on Oct. 28, staff at the University of Vermont Medical Center noticed the hospital’s phone system wasn’t working. Then the internet went down, and the Burlington-based center’s technical infrastructure with it. Employees lost access to databases, digital health records, scheduling systems and other online tools they rely on for patient care. Administrators […]
The COVID-19 pandemic has drastically changed the way humans interact with each other across the board, handshakes have switched to fist bumps, massive conferences have gone digital in the form of webinars, and more importantly, employees have built makeshift offices within the comfort of their own homes. According to Shefali Roy, former CCO & COO […]
Cyberattacks across the world have drastically increased, while most of them don’t dominate headlines – such as the Adobe or Equifax breaches – hackers have targeted companies of all sizes seeing that business digitization is on the rise due to the COVID-19 pandemic. With the world transforming into a data-fueled reality, the risks become larger, […]
Telecoms operators are vulnerable to cyberattacks around the world, mainly due to their critical national and international roles in infrastructure and communication, while possessing heaps of sensitive data from their large clientele. Almost 43 percent of telecom companies have suffered from DNS-based malware in 2019 alone, noting that a staggering 81 percent of these companies […]
As technology, internet penetration, and digitization are on the rise with the rapid emergence of the fifth generation of mobile networks, it’s fair to say that almost anyone is susceptible to cyberattacks. Charity and non-profit organizations are no exception; with incidents including, funds being stolen, data breaches, phishing attacks, and criminals mimicking charity websites to […]