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

Holidaymakers warned against increased threat from online fraudsters

The number of holidaymakers being targeted by cybercriminals has risen by nearly 20% compared to last year, with online fraudsters stealing some £7.2 million from nearly 6,000 unsuspecting travellers over the last 12 months. That is the alarming main finding from a new report by the London Police’s National Fraud Intelligence Bureau, which found that … More Holidaymakers warned against increased threat from online fraudsters