Search results for "cyber attack"

Irish health system struggling to recover from cyberattack

Ireland’s health system struggled to restore computers and treat patients Tuesday, four days after it shut down its entire information technology system in response to a ransomware attack. Thousands of diagnostic appointments, cancer treatment clinics and surgeries have been canceled or delayed since Friday’s cyberattack. Authorities said hundreds of people were assigned to get crippled […]

US takes steps to protect electric system from cyberattacks

The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]

UAE Central Bank bolsters cybersecurity with attack simulation

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. […]

Norway points finger at Russia for parliament cyberattack

Norway’s government has accused Russia of being responsible for the cyberattack targeting its parliament that occurred in late August, according to a statement by the Scandinavian country’s government.  “This is a serious incident affecting the country’s most important democratic institution; thus based on the information available to the government it is our assessment that Russia […]

2020 racks up highest number of cyberattacks to date

In a year where companies far and wide shifted their business to remote operations due to the Covid-19 pandemic, it comes as no surprise that cyberattacks and data breaches have drastically increased during 2020. According to a report published by Kaspersky there have been almost 726 million confirmed cyberattacks since the beginning of the year; […]

Hungarian Magyar Telekom hit with brief cyberattack

A number of Hungarian banks and telecom infrastructures fell victim to a major cyberattack originating from servers in Russia, China, and Vietnam over the weekend, according to a statement by Magyar Telekom. The hack was under the form of a distributed-denial-of-service (DDoS), where hackers attempted to overwhelm the Hungarian telecom firm’s network with a massively […]

COVID-19 tech investments surge as cyberattacks continue

According to Harvey Nash/KPMG technology leadership survey, the pandemic sweeping the globe has caused a surge in COVID-19 tech investments, the likes of which has never been seen before. Companies spent an extra $15 billion per week to stave off attacks during the pandemic, and InfoSec leaders and professionals are having a trial by fire. […]

Covid-19 pandemic makes UK SMEs vulnerable to cyberattacks

The United Kingdom is already vulnerable to cyberattacks. A study conducted by Specops on cybercrimes between 2006 and 2020 shows that the country is the second most targeted by significant cyberattacks. In light of the Covid-19 pandemic, many companies have shifted their businesses online in response to the lockdown measures. A significant number of UK […]