It was August 19, 2019. Landis Adams - the Economic Development Director of Keene, Texas, and other city employees showed up as usual at 8 AM. They turned on their computers and noticed a mess of text. Quickly, they figured...
AUGUST has been a smooth month for data breaches, with a rounded sum of 114 million breached records. That is nearly 10 per cent of the monthly average. But that number comes from about 95 incidents, which is the highest...
Data breaches occur almost every day, exposing the credit card numbers, social security numbers, mobile numbers, email addresses, passwords, and other sensitive data of thousands of people. Unsurprisingly, the figures from the Australian Information Commissioner’s (OAIC) latest quarterly statistics report...
Cybercriminals have rattled the European Central Bank (ECB) by breaching one of its websites, for the second time in the last five years. This time, the hack targeted ECB’s BIRD (Banks’ Integrated Reporting Dictionary) website, which grants banks an explicit...
In Part 1 of this article, we have seen healthcare data breaches expanding in both frequency and size, with the biggest one impacting as many as 20 million people. The motives behind all those cyberattacks are quite transparent: hospitals, health...
The healthcare industry was hit by challenges to information security in 2018, with phishing emails, and weaponized ransomware, dominating the year. In the first half of 2019, these threats are found to continue, and cyber criminals got more productive, despite...
Healthcare data breaches happen now with an ever hefty price tag — an average mitigation cost of $6.45 million! According to a recent study on the data breach costs, organizations in the Healthcare domain were found to experience the costliest...
According to studies, almost 90% of Australian companies report that they receive around 5,000 cyber menaces a day. Australia’s banks and insurers have always been the most attractive targets for cybercriminals. As this is the case, the Australian Prudential Regulation...
Remember GandCrab ransomware? It was a popular strain of ransomware sold as something like ‘crimeware-as-a-service’ (CaaS). Caas – What Is It? The cloud computing models and outsourcing techniques that are used by businesses are the inspiration behind the concept of...
Cyber-attacks continue to evolve rapidly, and even developing nations have missed staying ahead of the fraud hook. The recent hacking of the system of Bulgaria’s National Revenue Agency (NRA) proves this. The financial data of nearly all taxpayers in the...