What you need to know about the new ransomware ravaging the internet
“A new form of malware hit the internet Tuesday, shutting down systems across Europe and impacting companies from the U.S. to Russia. Unfortunately, the attack, which early reports indicate seems to have hurt Ukrainian organizations and agencies more in particular, is still largely a mystery for security researchers. A form of ransomware, the malware encrypts […]
A new ransomware attack is infecting airlines, banks, and utilities across Europe
“A major ransomware attack has brought businesses to a close throughout Europe, in an infection reminiscent of last month’s WannaCry attack. The most severe damage is being reported by Ukrainian businesses, with systems compromised at Ukraine’s central bank, state telecom, municipal metro, and Kiev’s Boryspil Airport. Systems were also compromised at Ukraine’s Ukrenego electricity supplier, […]
Britain Investigates After U.K. Lawmakers Hit by Possible Cyber Security Attack
“British Parliament on Saturday was investigating an apparent cyberattack that targeted lawmaker’s email accounts. Cybersecurity officials were alerted to the hacking attempt and reportedly notified the lawmakers on Friday. As a safeguard, they immediately blocked Parliament members from remotely accessing emails outside of the secure network in Westminster. A spokesman for the House of Commons […]
The Emerging Era of Cyber Defense and Cybercrime
Cyber threats are everywhere, from hackers causing mischief to show off their skills to organized crime syndicates employing sophisticated financial ruses against governmental organizations, businesses, social channels and individuals. Seventy-one percent of companies admit they fell victim to a successful cyberattack in 2014, leading them to increase their security investments. This in turn created a […]
Plaintiffs’ Counsel Announce $115 Million Proposed Class Action Settlement in Anthem Data Breach Litigation
A proposed settlement has been reached in a class action lawsuit over the 2015 cyberattack of health insurer Anthem, Inc., involving the theft of the personal information of 78.8 million people. The $115 million settlement, if approved by the Court, will be the largest data breach settlement in history. Attorneys from Altshuler Berzon, Cohen Milstein, […]
An estimated 91-percent of hacking attacks begin with a phishing or spear-phishing email
Your IT department has no doubt warned you not to click on suspicious links in e-mails, even when the missive promises a hilarious video or comes from a seemingly trustworthy source. If the link looks suspect: Do. Not. Click. That’s because these emails are often phishing scams designed to trick you into clicking on a […]
Humans have become the primary attack surface for cyber criminals
“As the world goes digital, humans have moved ahead of machines as the top target for hackers. Ninety-one percent of attacks by cyber criminals start through email, according to email security provider Mimecast. These spear phishing attacks target humans, luring them to click on malicious URLs that place ransomware on their computers and phones. The […]
60% of small companies that suffer a cyber attack are out of business within six months
“It seemed like just another ordinary day for a small online retailer in the Midwest. Little did they know that the simple click of an e-mail link was about to threaten the entire business. One of the company’s employees received an e-mail with a link to a seemingly benign catalog. One click and the company’s […]
43 Percent of Cyber Attacks Target Small Business
“Cyber crime is on the rise and small businesses are increasingly becoming the target of hackers. New data from Symantec’s 2016 Internet Security Threat Report shows that small businesses have become a big target for phishers. Last year, phishing campaigns targeted small businesses (PDF) 43 percent of the time. That’s up 9 percent over 2014 […]
World’s Biggest Data Breaches
Information Is Beautiful has created a continuously updated visualization on the biggest data breaches throughout the world. The graphic depicts breaches that exceed more than 30,000 records and gives details on the biggest breaches and the root cause or issue that caused the breach. Check it out. This is a great tool to utilize to […]