Capita shares sink as outsourcing giant swings to £107m loss, takes £25m hit from cyber attack

Capita has incurred £25.3m in costs tied to a cyber attack last March as the outsourcing giant swung to an annual loss and ramped up its cost-cutting programme. Shares fell 16 per cent on Wednesday morning. The group, which runs Read More …

Europol: Tips & advice to prevent ransomware from infecting your electronic devices

Ransomware is a type of malware that locks your computer and mobile devices or encrypts your electronic files, demanding a ransom payment through certain online payment methods (and by an established deadline) in order to regain control of your data. Read More …

State of Emergency: How Minnesota hospitals, state officials prepare for cyber attacks

The State of Minnesota stores and protects data on some six million residents, and that’s only one cache of sensitive information under the close watch of Minnesota IT Services (MNIT). “It’s everything from highways and highway traffic control systems, we Read More …

Ukrainian hackers steal construction plans for 500 Russian military sites

Hackers from the group Blackjack, purportedly affiliated with Ukraine’s SBU security service, have breached a Russian state enterprise involved in construction work for the Russian military, and downloaded over 1.2 TB of data, a Ukrainian law enforcement source told NV Read More …

Chinese drones may pose security risks, US agencies warn

Chinese-made drones could pose a national security risk to the United States due to laws in China that force companies to provide authorities access to user data, two U.S. agencies say in a new memo. These “unmanned aircraft systems,” or Read More …

JPMorgan spends $15 billion a year on technology, given the risk of a data breach

JPMorgan Chase’s banking systems are attacked by hackers 45 billion a day, double what it saw a year earlier. The nation’s largest bank spends $15 billion a year on technology, given the risk of a data breach and the potentially Read More …

Swiss government accused of massive online surveillance

The Swiss Federal Intelligence Service (SRC) is allegedly monitoring the digital activities of the Swiss population, particularly on their mobile phones and computers, according to the German-language magazine Republik.ch on Tuesday. What’s more, Swiss spies are said to be storing Read More …

New York: Refuah Health to spend over $1M on cyber security following ransomware attack

A Hudson Valley health care provider will spend more than $1 million on cybersecurity after a ransomware attack leaked patients’ information. An investigation by the state attorney general found Refuah Healthdid not have proper precautions set up to prevent the Read More …