Cyber
FedEx repents for not having Cyber Insurance against Cyber Attacks
FedEx, an American multinational Courier delivery service has openly confessed to media sources that it now repents for not having a cyber insurance cover for its digital assets against cyber attacks. The confession was made as soon as the company learned that the disruption in services of its TNT Express unit following a cyber attack […]
Hackers launch a cyber attack on Ramsdens!
Ramsdens, a UK based financial service which offers collateral loans against gold has admitted that its digital assets were hit by a cyber attack that targeted the pawn-brokering chain’s 34K click-and-collect-customers. The Middlesbrough firm, which has more than 127 shops across the UK offering financial services said in a media briefing on Friday that its […]
UK’s NHS systems to be strengthened after Cyber Attack
WannaCry ransomware disrupted the computer systems at NHS on May 11th, 2017 and this made the hospital authorities stop digital update of patient records for a couple of weeks and instead switch to manual work. Very recently, Britain government reacted to this cyber mayhem and announced an action plan to make the NHS more resilient […]
Next Wannacry and Petya Ransomware Cyber attack could cost insurers $2.5 Billion
Ransomware attack dubbed as ‘Wannacry’ which hit more than 250,000 computers across 150 countries in May this year did not cost much to cyber crime insurers when the claims ratio is taken into account. But CFC Underwriting estimates that another attack of Wanna cry or Petya or a combination of both can cost cyber insurers […]
Ransomware Cyber Attack makes Durex and Dettol manufacturer loose £100 million
Reckitt Benckiser(RB) which produces Durex Condoms and Dettol Disinfectant has disclosed to the world that the NotPetya ransomware cyber attack which hit its business on June 27th,2017 has seriously disrupted its manufacturing and distribution business. Our sources confirm that around 500 systems, 2000 servers and 15,000 laptops were affected by Wannacry. And the Nurofen maker […]
Macate steps into mobile market with a smartphone enriched with Cyber Security
Macate Group, an American multinational firm which designs, manufactures, and markets mobile communications and media devices with cyber security has announced the launch of the world’s first phone called ‘Genio’ into the mobile space of United Kingdom. Priced at £ 249, Genio will be the first smartphone to be commercially available with Advanced Encryption Standard […]
G20 Summit in Germany braces to counter Cyber Attacks
The G20 Summit which is to be held in Germany on July 7th, 2017 is readying itself to combat with cyber attacks of any range from nations such as Russia. The IT team in coordination with the police department has established significant cyber security methods ahead of the summit. This includes ‘Pen Test’ and keeping […]
Ukraine’s accounting software firm refuses to take Cyber Attack blame
Intellect Service which is a Ukraine-based company owned by a father and daughter duo has turned down all the reports published in the media and on the Microsoft blog blaming the company’s M.E.doc accounting software program as a malware spreader. But Ukraine Officials and security firms including Microsoft, Cisco Talos, and Symantec confirmed that some […]
Teenager from the UK arrested for launching International Cyber Attack
A Teenager from the United Kingdom was arrested last week for launching International Cyber Attacks on the websites belonging to multinational companies. The list of companies whose websites were paralyzed by the cyber attacks launched by the 18-year old includes T-mobile, Vodafone, O2, BBC, BT, Amazon, Netflix, Virgin Media and The National Crime Agency. As […]
Ukraine accuses Russia of launching Not Petya Ransomware attack
Ukraine has accused Russia of launching cyber attacks on public and private entities on last Tuesday. The attack which took place on June 27th, 2017 disrupted the work of public and private institutions by locking down their databases. The initial analysis made by some security experts said that the attack was a Petya malware attack. […]
