Cyber risk headlines are dominated by rising ransomware activity and soaring global data breach costs. The increased ransomware activity, driven largely by threat actor financial motives, has indiscriminately affected all industry segments – from large corporate clients to small to …
Pine-Sol maker Clorox said on Monday its first-quarter results could see a “material impact” from a cybersecurity attack last month that damaged portions of its IT infrastructure and caused widescale disruption to its operations. The household staples maker said on …
Blockchain researchers say North Korea-linked hackers are likely behind a $70 million theft from crypto exchange CoinEx. CoinEx, which says it is based in Hong Kong, said on Tuesday on social media platform X, formerly known as Twitter, that wallets …
Shell said on Friday that it had identified a cybersecurity incident involving some employees at BG Group in Australia, the latest company to be hit by the MOVEit hack. Several businesses globally have reported cybersecurity breaches involving the MOVEit software …
More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by S&P Global Ratings. “Reinsurers had a difficult 2022 due to low profitability and even underwriting …
At 9 p.m. on Sept. 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the …
A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto. Arion Kurtaj, 18, embarked on a …
Gabriella Batalha didn’t think much when she noticed she had been logged out of Instagram – until the next day when she found her account overrun with sensational posts touting high-yield cryptocurrency investments. To recover her account, the 27-year-old lawyer …
Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said, raising questions about data security even as it played down fears about the impact on elections. “Hostile actors” could obtain the name and address …
Japan cannot confirm if any security information has been leaked, the top government spokesperson said on Tuesday when asked about a Washington Post report on Chinese hacking into its defense cyber networks. Chinese military hackers gained access to a classified …
