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The cost of cybercrime study – insights on security investments that make a difference
Cybercrime is on the rise, successful breaches per company each year has risen more than 27%, from an average of 102 to 130. Ransomware attacks alone have doubled in frequency, from 13% to 27%, with incidents like WannaCry and Petya affecting thousands of targets and disrupting public services and large corporations across the world. According [...]
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Government websites hacked to run secret cryptocurrency miner
Thousands of government websites around the world have been hijacked to mine the cryptocurrency Monero. A commonly-used accessibility script was hacked to inject the Coinhive miner into official sites in the US, UK and Australia. One security researcher described it as the biggest attack of its type that he’d seen. In the UK, websites for [...]
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Cybersecurity data threat report: Trends in encryption and data security
The harsh realities of the current state of cybersecurity are made starkly apparent by the seemingly endless reports of major data breaches, which continue unabated despite consistent increases in IT security spending. This ongoing game of cat-and-mouse suggests that the tactics, sophistication and motivation are helping global attackers stay at least one step ahead of [...]
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Google parent company Alphabet launches cyber security company
Google’s parent company Alphabet says it is launching a cyber security company using technology created in its research and development arm called X. Chronicle will try to give organisations a much clearer view of their security situation by combining Google’s strengths in machine learning with large amounts of computing power and storage. The new company [...]
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Symantec annual Internet Security Threat Report
In the latest Symantec annual Internet Security Threat Report, Cyber attackers revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists, overt attempts to disrupt the US electoral process by state-sponsored groups, and some of the biggest distributed denial of service (DDoS) attacks on record powered [...]
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