cyber attacks News

Spanish Companies, Including Radio Network, Hit by Cyber Attack

A cyber attack has hit Spanish companies including Cadena SER radio, Spain’s National Security Department said on Monday. The virus affected Cadena SER’s local broadcasts, although national output was not affected, said the broadcaster which has a chain of local …

All Members of Canada’s Desjardins Hit by Data Breach: Finance Minister

A June data breach that hit Canada’s Desjardins Group has affected all of the financial cooperative’s 4.2 million members, prompting government reforms to protect personal information in the Canadian province of Quebec, an official said on Friday. Quebec Finance Minister …

Cyber Attack on Asia-Pacific Ports Could Cost $110B, Hitting Global Supply Chains

A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half of all losses from natural catastrophes globally in 2018*, according to research from Lloyd’s of London. These losses could occur …

Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors, Their Clients: Beazley

Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. One-quarter (24%) of all ransomware incidents reported to Beazley …

Johannesburg City Hit by Hackers Who Demanded Bitcoin Ransom

The City of Johannesburg shut down its website and billing systems after a group hacked into the authority’s system and demanded a ransom of four Bitcoins worth about $30,000. The call center, cashiers and other digital platforms were also taken …

U.K. Repelled 658 Cyber Attacks This Year, Many From Hostile Foreign States

The National Cyber Security Centre defended the U.K. from 658 cyber attacks in the year to October — many from hostile foreign states — with government departments most at risk from attack, according to its annual report. The organization revealed: …

Cyber-Attacks Named as Top Business Risk in U.S., Canada and Europe, by WEF Survey

Cyber-attacks are named as the leading risk for business executives in the United States, Canada and Europe, according to a survey of business leaders published by the World Economic Forum, in partnership with Zurich Insurance Group and Marsh & McLennan …

Hackers Target Airbus via Computer Systems of Suppliers, Contractors

Airbus SE said it has taken steps to shield itself from cyber attacks targeting the European aerospace and defense company through subcontractors’ computer systems. The maker of passenger planes and military jets is aware of cyber events and has detection …

Canada’s Desjardins Reports Costs of $53M Related to Data Breach

Canadian lender Desjardins Group said on Monday it spent C$70 million ($53 million) in the second quarter related to a data privacy breach earlier this year that exposed personal information of 2.9 million members. The company offered the affected accounts …

UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies

Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections, but added that such coins fall outside the scope of its powers. The Financial Conduct Authority said crypto markets were …