IMF: Rising Cyber Threats Pose Serious Concerns for Financial Stability

Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than $1 billion in penalties Read More …

Cybercrime on agriculture operations and businesses is on the rise

When it comes to cyberattacks, ransomware and electronic fraud, farms and ranches are attracting the interest of hackers because they see these agriculture operations as potentially lucrative targets that may not have up-to-date fraud protection tools in place. Cathy Lennon, Read More …

UK: Warning to ‘stay on guard’ after Leicester council cyber-attack

People have been told to “stay on their guard” after a cyber-attack on Leicester City Council. Police were alerted after the authority was forced to disable its phone and computer systems on 7 March. While about 25 documents have been Read More …

LazyStealer: Sophisticated does not mean better

In the first quarter of 2024, researchers from Positive Technologies Expert Security Center (PT ESC) detected a series of attacks targeting government organizations in Russia, Belarus, Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Armenia. The research team could not find any links Read More …

Cyberthreats in the transportation industry

Transportation is a key economic sector. It spans a multitude of diverse companies engaged in logistics, urban transit, land and air cargo and passenger conveyance, and other activities. The transportation system performs critical functions that support nationwide objectives by connecting Read More …

Prudential Financial February incident exposed data of nearly 37K customers

Prudential Financial disclosed that 36,545 individuals had personal information stolen in an early February breach that was claimed by ALPHV/BlackCat, the group also responsible for the Change Healthcare ransomware attack. In a letter to consumers March 29, the large insurance Read More …

Top yacht retailer MarineMax says cyberattack led to major online data breach

MarineMax has confirmed suffering a cyberattack, thought to be ransomware, in which threat actors stole sensitive customer information. In an 8-K form, filed with the Securities and Exchange Commission (SEC) on April 1, the company, one of the leading yacht Read More …

Scottish law firm Scullion Law suffers cyber attack

Scullion Law, which has offices on George Street Edinburgh, as well as in Glasgow, Hamilton and Madrid, had 155GB of data stolen in the attack by Black Basta. A spokesperson for the award-winning firm said: “We can confirm that we Read More …

Hackers threaten to release ‘huge volume’ of stolen NHS Scotland data

A cybercrime group has claimed it will release a large volume of NHS Scotland data stolen during a sustained hacking attack. INC Ransom, an extortion operation, has posted a message on its dark web blog, threatening to release three terabytes Read More …