Tech experts in China who find a weakness in computer security would be required to tell the government and couldn’t sell that knowledge under rules further tightening the Communist Party’s control over information. The rules would ban private sector experts who find “zero day,” or previously unknown security weaknesses, and sell the information to police, […]
Search results for "cyber attack"
Microsoft confirmed on Monday the future purchase of San Francisco-based cybersecurity company RiskIQ to tighten up its security siege due to latest cybersecurity breaches, following the shift to remote working policies. This proceeds the tech giant’s extended efforts to secure its customers and employees data against the recent exposure to cyberthreats. The cybersecurity vendor will […]
Swiss-based insurance and mortgage comparison company Comparis.ch has fallen victim to ransomware attack on Wednesday and shut down its website on Thursday out of fear of customer data breach. Comparis.ch is a price and product comparison platforms in Switzerland, specializing in products of health insurers prices, insurance companies’ prices, alongside banks and telecom providers. On […]
President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over. Also Tuesday, a security researcher who chatted online with […]
The digital world’s exposure to cyberthreats disturbance as potential and targeted attacks shows how cybercrimes has escalated to be one of the most reported crimes, with data breaches and fraud losses to exceed $200 billion over the next 5 years. Following the chain of notorious cyberattacks breaching the security of a plethora of businesses worldwide […]
Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a […]
In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber […]
The U.N. disarmament chief warned Tuesday that digital technologies are lowering barriers to malicious intrusions and opening potential areas for governments, armed groups, terrorists and criminals to carry out attacks, including across international borders. Izumi Nakamitsu told a U.N. Security Council meeting on cybersecurity that there has been “a dramatic increase in the frequency of […]
As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible. The IRS offers no formal guidance on ransomware payments, but multiple tax experts interviewed by The […]
Two men from Estonia have been convicted of federal cybercrime charges involving ransomware and other attacks on computer systems around the globe. Oleg Koshkin, 41, was convicted Tuesday by a jury in U.S. District Court in Hartford of conspiracy to commit computer fraud and abuse as well as aiding and abetting computer fraud and abuse. […]