Tag: data breach

5 reasons why (not only) financial companies struggle with cybersecurity

March 24, 2021

Why do many organizations have a hard time keeping up with the evolving threat landscape and effectively managing their cyber-risks? Financial services companies have been a popular target for cybercriminals for a long time. Not without good reason, since beyond working with money, financial companies handle a slew of sensitive client data that criminals utilize … More 5 reasons why (not only) financial companies struggle with cybersecurity

Cybersecurity risks and challenges facing the financial industry

March 5, 2021

A primer on various threats looming over financial companies and the steps that these organizations can take to counter them. Companies operating in the financial services industry aren’t by any means strangers to being targeted by various forms of financial crimes and fraud. However, over time, the playing field has changed and threat actors have … More Cybersecurity risks and challenges facing the financial industry

5 scary data breaches that shook the world

October 30, 2020

Just in time for Halloween, we look at the haunting reality of data breaches and highlight five tales that spooked not only the cyber-world. Halloween, the scariest day of the year, is upon us! However, traditional observations of the popular holiday may be hindered by the pandemic raging outside. Instead of children roaming the streets … More 5 scary data breaches that shook the world

UK University suffers cyberattack, ransomware gang claims responsibility

September 10, 2020

The cyber incident has taken most of Newcastle University’s systems offline and officials estimates it will take weeks to recover.  While students are slowly preparing to return to their universities and colleges after a prolonged absence due to the Covid-19 pandemic, Newcastle University in England has been left reeling from a cybersecurity incident that has affected almost all its systems.  The university first became … More UK University suffers cyberattack, ransomware gang claims responsibility