cyber attacks against business News

The Cost of Cyber Attacks to U.S. Economy

Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday. The estimate comes in a Council of Economic Advisers report on the impact of cyber attacks on U.S. government and …

Half of U.S. Businesses Report Being Hacked

More than half of U.S. businesses (53 percent) have experienced a cyber attack in the past year, according to a survey of business executives. The nationwide survey, released by The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of …

Experts Expect Simultaneous Cyber Attacks on Multiple Firms: Survey

Nine in 10 global cyber security and risk experts believe that cyber risk is systemic and that simultaneous attacks on multiple companies are likely in 2017, according to a study by American International Group. More than half of survey respondents …

Tennessee Music Venue Site Hacked by Possible Islamic Militants

Authorities in Tennessee say a group said to support the Islamic State militant group hacked the website of a popular Nashville music venue. Multiple news outlets report the website for the Douglas Corner Cafe was hacked by Team System DZ, …

Hacker Group in China Linked to Cyberattacks Against U.S. Firms: Symantec

Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said on Tuesday, and it linked the group to some of the best-known cyber-espionoge attacks out of China in recent …