cyber security News

Vietnam-Linked Hackers Steal Intellectual Property from Competitors: Experts

A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber attacks to spy on competitors and help Vietnam catch up to global competitors, according to cyber-security experts. In the last two years, the group, which is believed …

Chinese Hacking Group Resumes Global Attacks on Companies, Agencies

A Chinese government-linked hacking group that was thought to be dormant has been quietly targeting companies and government agencies for the last two years, harvesting data after stealing passwords and circumventing two-factor authentication intended to prevent such attacks, according to …

Another Cyberattack Attempt in Louisiana: Sheriff’s Offices

Three Louisiana parish sheriff’s offices were targeted by hackers over the weekend in a suspected cyberattack, officials confirmed. The Rapides Parish Sheriff’s Office received a call from the Sheriff’s Association in Baton Rouge on Friday that Rapides, Washington and Orleans …

Online Scams Are Catching Newly Vulnerable Icelanders Unprepared

“Hi, I hope you are not busy?” The treasurer of the Icelandic soccer club Afturelding got the email from his manager late in the afternoon, soon before banks were about to close. The words “Sent from my iPhone” were at …

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 …

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 …

AXA XL, Accenture Partner to Provide Cyber-Security Services to AXA XL Clients

AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities and recover from cyber attacks. AXA XL — AXA’s property & casualty (P&C) and specialty risk division …

Americans Failing to Act on Cyber Risk Concerns, Chubb Survey Finds

When it comes to cybersecurity, Americans say they are concerned, but many are not taking the preventative steps needed to protect themselves from a cyber attack. According to Chubb’s Third Annual Cyber Report, complacency seems to have taken hold: eight-in-10 …

Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million

Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares. The Norwegian company’s stock rose as much as 6% in …