Cryptocurrency exchange Bitfinex plagued by DDoS attacks

Digital currency exchange Bitfinex has been going through a sticky patch of late, having been knocked temporarily offline on Monday due to a distributed denial-of-service (DDoS) attack that was reminiscent of a similar incident from a few days prior. After first tweeting that “Platform is currently under heavy load and we are working to bring it back … More Cryptocurrency exchange Bitfinex plagued by DDoS attacks

New campaigns spread banking malware through Google Play

This year we have seen many different malware campaigns trying to compromise users with malicious apps distributed via Google Play. Even though these apps are often removed within days after having been reported to Google, they still manage to infect thousands of users. All apps submitted to Google Play are automatically analyzed in an effort … More New campaigns spread banking malware through Google Play

A major cyberattack could cost the global economy $53 billion

Lloyd’s of London has reported that a serious cyberattack could cost the global economy as much as a devastating natural disaster. According to the Guardian, average losses from a crippling cyberattack are estimated to be around $53 billion. However, insurers are unable to give a specific estimate, due to the complexity of cyberattacks and the lack of historical data available. … More A major cyberattack could cost the global economy $53 billion