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Cybercrime

Ponemon study shows costs of cybercrime still rising - each attack now costs $1 million

Ponemon study shows costs of cybercrime still rising - each attack now costs $1 million

Cybercrime

Ponemon study shows costs of cybercrime still rising - each attack now costs $1 million

The costs of cybercrime have continued to rise for victims, for the fourth consecutive year, according to a survey conducted by the Ponemon Institute. Each cyberattack now costs companies nearly $1 million to resolve, on average - and the annualized cost to a sample of U.S. organizations was $11.56 million.

Rob Waugh09 Oct 2013


Cybercrime

Waking Shark: Banks to face biggest cyber war game ever in UK

Waking Shark: Banks to face biggest cyber war game ever in UK

Cybercrime

Waking Shark: Banks to face biggest cyber war game ever in UK

A cyber “war game” will test Britain’s financial system to its limits in a virtual attack which will test the defenses of banks, markets and payments systems against a simulated "major" attack by cybercriminals.

Rob Waugh08 Oct 2013


Malware

Skorpion smartphone charger lights up if your phone contains malware

Skorpion smartphone charger lights up if your phone contains malware

Malware

Skorpion smartphone charger lights up if your phone contains malware

Plugging your smartphone in to charge up could soon offer an alert that you’ve contracted malware - with a new charger that lights up when it detects malicious software. For businesses, it could be a "last line of defense" against employees bringing infected devices to work.

Rob Waugh06 Oct 2013


Cybercrime

Internet Explorer vulnerability will finally be patched on Tuesday after “months” of attacks

Internet Explorer vulnerability will finally be patched on Tuesday after “months” of attacks

Cybercrime

Internet Explorer vulnerability will finally be patched on Tuesday after “months” of attacks

Internet Explorer users will be a great deal safer from Tuesday onwards, after Microsoft announced a patch for a vulnerability that has been exploited by attackers “for months” according to some reports.

Rob Waugh04 Oct 2013


Cybercrime

Acrobat in hands of hackers, millions of customer details stolen, as Adobe admits to "unprecedented" breach

Acrobat in hands of hackers, millions of customer details stolen, as Adobe admits to "unprecedented" breach

Cybercrime

Acrobat in hands of hackers, millions of customer details stolen, as Adobe admits to "unprecedented" breach

Adobe Systems, makers of popular software such as Acrobat, admitted on Thursday that hackers had penetrated its systems and stolen source code for its Acrobat software, used to make and read PDF files. Adobe also admitted hackers had stolen data on 2.9 million customers.

Rob Waugh04 Oct 2013


Cybercrime

"One click, then boom": Spear-phishing could "black out" energy companies, expert warns

"One click, then boom": Spear-phishing could "black out" energy companies, expert warns

Cybercrime

"One click, then boom": Spear-phishing could "black out" energy companies, expert warns

Spear-phishing attacks on energy companies are becoming increasingly sophisticated, an expert has warned - and all it takes is one lucky strike to cause devastating damage to the power grid, or to companies which supply oil and gas.

Rob Waugh30 Sep 2013


Digital Security

New British Cyber defense force will protect industry - and “if needed, strike in cyberspace”

New British Cyber defense force will protect industry - and “if needed, strike in cyberspace”

Digital Security

New British Cyber defense force will protect industry - and “if needed, strike in cyberspace”

A new cyber defense force is being set up in the UK to protect critical private and government computer networks from attack - “if necessary, to strike in cyberspace,” Britain’s Defense Secretary Philip Hammond has said.

Rob Waugh29 Sep 2013


Cybercrime

Help for the little guys: Small businesses offered “cyber insurance” - starting at $800

Help for the little guys: Small businesses offered “cyber insurance” - starting at $800

Cybercrime

Help for the little guys: Small businesses offered “cyber insurance” - starting at $800

Small businesses will be able to buy “cyber assurance” packages to protect against possible losses from cyber attacks - with a British insurance firm offering packages starting at £500 ($800).

Rob Waugh26 Sep 2013


Cybercrime

Millions of ID records on sale as five big data firms hacked "for months"

Millions of ID records on sale as five big data firms hacked "for months"

Cybercrime

Millions of ID records on sale as five big data firms hacked "for months"

An “identity theft service” which specialises in selling personal details gained access to some of the biggest consumer data firms, including Lexis Nexis and Kroll - and has had access to their computer systems “for months”. Stars such as Beyonce (pictured) had personal details leaked.

Rob Waugh26 Sep 2013