cyberattack – Page 22

TalkTalk profits halve following last year’s major cyberattack

May 13, 2016

The UK-based telecommunications company TalkTalk has seen its profits more than halve, following last year’s “significant and sustained cyberattack”. Profits were down to $20 million compared with $46 million for the same period last year, which has largely been attributed to the financial fallout of the high-profile incident. The cost of the cyberattack, which was … More TalkTalk profits halve following last year’s major cyberattack

Buildings at risk of cyberattacks

April 20, 2016

In an increasingly connected world, the threat posed by cybercriminals will extend further than ever before – the Internet of Things (IoT) is shaking things up. It’s no longer about computers or smartphones being at risk – any object, any ‘thing’ that is powered by a computer and/or connected to the internet, is a target. This can … More Buildings at risk of cyberattacks

Bangladesh central bank boss quits over $100m cyberheist

March 16, 2016

Bangladesh central bank governor Atiur Rahman has resigned following a cyberheist that saw more than $100 million stolen. Mr. Rahman told Reuters that the country’s prime minister Sheikh Hasina has accepted the resignation, following the events which took place during the first week of February. The resignation follows comments from Bangladesh finance minister Abul Maal Abdul Muhith who … More Bangladesh central bank boss quits over $100m cyberheist

European firms’ financial departments the target of cyberattacks

February 4, 2016

Two major cyberattacks have siphoned over $50 million and nearly $80 million from the Belgian bank Crelan and the Austrian aircraft parts manufacturer FACC, respectively. Official statements released by both firms this month were light on detail but indicated that they had fallen victim to a scam known as Business Email Compromise (BEC). The common … More European firms’ financial departments the target of cyberattacks

Countries remain unprepared for cyberattacks on nuclear facilities

January 22, 2016

Nuclear facilities across the world have little or no real security to help protect themselves against cyberattacks, according to new analysis. The third edition of the Nuclear Threat Initiative’s (NIT) Nuclear Security Index found that close to half the countries assessed by the organization do not have a single requirement in place to protect their … More Countries remain unprepared for cyberattacks on nuclear facilities

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