Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index said their firm was the victim of a cyber event – the highest percentage since the annual survey began in …
Japan said on Tuesday it would take countermeasures to ensure next year’s Tokyo Olympics are not derailed by cyber attacks after Britain and the United States accused Russia of orchestrating efforts to disrupt the Games. Olympics organizers reported no significant …
Britain’s data protection watchdog said on Friday it has fined British Airways 20 million pounds – its biggest such penalty to date – for failing to protect data that left more than 400,000 of its customers’ details the subject of …
CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack last month paralyzed activity. France-based CMA CGM first reported the incident on Sept 28, saying it had shut down access …
Saudi diplomats, Sikh separatists and Indian business executives have been among those targeted by a group of hired hackers, according to research published on Wednesday by software firm BlackBerry Corp. The report on the group, known publicly as Bahamut, the …
Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company. Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its customers in the last two years, with 52% of …
The stakes are higher than ever for businesses when it comes to cyber risk, especially with the added complexity of COVID-19 thrown into the mix. Yet, even before the global pandemic struck, companies had been taking more action than ever …
Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber attacks, pandemics and climate change, according to McKinsey & Co., which estimates the COVID-19 crisis could top $5 trillion in …
Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison said on Thursday. Cyber attacks on businesses and households …
Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures, the six individuals …
