Data breaches are nothing new - continuing with their terrifying stories of 2019, the first quarter of 2020 has seen data leaks firmly taking their place in the news. While this included the prevalent phishing, malware, virus, and ransomware attacks,...
“Ooops, your files are encrypted! Don’t worry - you can restore them; all you need to do is send $500 to the following address....” The words that have been striking the fear in average computer users since the 1980s! Yes,...
Cyberattacks have been recognized as the most strategically significant threats faced by the world today. Governments, private corporations, non-profit organizations...no sector is immune from cyberattacks, and so is the financial industry, including banks, investment companies, insurance companies, and real estate...
From all our past articles, it is understandable that cyberattacks are taking a heavy toll on businesses. But there is one particular threat that is more often associated with notable financial losses, even business bankruptcy, than any other form of...
Malware possesses the habit of making returns…rising from the dead, making even a horror villain blush! The most recent in that series is FTCODE – the long lost ransomware deemed dead in 2013, and regained its life in 2019; this...
With Blue Bear Software, an administration platform for educational institutions got recently hit by a cyber attack from Magecart, the wheels of 2020’s cybersecurity threats have started to set motion. So, we rushed ourselves to come up with PART 2...
The tumultuous 2019 has wrapped up, and we have stepped into a New Year with lots of hopes and expectations… Looking back to the previous year, we can see a large number of data breaches that drove an increasing recognition...
Australia’s second-largest bank, WESTPAC, has overtaken the largest COMMONWEALTH BANK… If you think it’s in terms of assets, profits, or market capitalization, you are wrong; it’s in terms of the heftiest fine it is forced to pay!! Westpac is accused...
So, we’re back with the final part of the article! When looking at the information security breach statistics we have amassed all point to the finance sector in PART 1 and PART 2 of this feature, we could see that...
“Cyberattacks haven’t changed, but it has ramped up the pace it evolves and the outcomes.” – This is what we have precisely learned from PART 1 of this article. As such crimes are ever on its rise, recent cybersecurity attack...