Europe
Physical Cyber Attack makes 8 European Banks bleed Millions
A study conducted by Cybersecurity firm Kaspersky Lab has discovered that at least 8 European banks have fallen prey to a cyber attack launched physically by hackers to siphon tens of millions of pounds. Kaspersky Researchers say that the attack was launched through physical devices such as Netbooks, Raspberry Pi devices and Bash Bunnies planted […]
Apple CEO Tim Cook wants tough data privacy laws in the US like Europe
Apple CEO Tim Cook shared his insights at the International Conference on Data Privacy recently and advocated for tough data privacy laws in the US like in Europe. Cook appreciated the European Union(EU) for bringing in a strict regime of data privacy laws from May this year and opinioned that the Trump administration should start […]
Ransomware attacks surge Cyber Insurance claims in Europe
Ransomware attacks have surged cyber insurance claims in Europe says a report compiled by AIG, one of the largest cyber insurers on the globe. The data shows that the financial institution has received as many cyber claims last year as in the previous four years from companies operating in Europe, Middle East, and Africa. AIG […]
Deployment of 5G might not bolster IoT Security
Last year, US President Donald Trump announced that his government would like to nationalize the next generation 5G wireless networks in a bid to guard against competitive and Cybersecurity threats from nations like Russia, North Korea and from mainly China. The Federal Communications Commission of United States has also confirmed that the move will help […]
Petya ransomware hits companies across Europe
A major ransomware attack was launched on companies operating in Europe targeting banks, government offices and power grids. And as per the latest reports available to us, Ukraine’s National Bank, State Power Company and Largest Airport were also targeted by hackers. Ukraine’s Prime Minister Rozenko Pavlo said that the latest attack was a mimic of […]
Cyber Criminals steal cash from ATMs across Europe
Russian Cyber Security firm Group-IB is alerting all the ATM users across Europe on a hacking activity which is taking place in more than dozen countries of European union. As per the alert, cyber criminals are using malicious software to spit out cash out of ATMs across Europe. But it is going off-record as the […]