Information Security
Biden's Budget: Cybersecurity Funding at $13 Billion for 2024
The Biden administration's latest fiscal blueprint, unveiled on Monday, doesn't present significant increases in cybersecurity funding, marking a departure from expectations within the cybersecurity community.
Bank of Ireland to invest €50 million in fraud prevention and protection
Source: Bank of Ireland
Bank of Ireland has announced an investment of €50 million on customer fraud prevention and protection.
BNY Mellon appoints Gary Delaney as international chief information security officer
Source: BNY Mellon
BNY Mellon has appointed Gary Delaney as International Chief Information Security Officer (CISO).
Cyberattack Temporarily Disrupts Maine Healthcare Provider's Systems
A major Maine healthcare provider experienced a cyberattack targeting its computer servers over the weekend, prompting the company to temporarily shut down all patient records access.
Financial services top target for DDOS attacks
Source: FS-Isac
FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, released new research on the surge of distributed denial-of-service (DDoS) attacks threatening the financial services sector and its customers.
Fraud Surpasses $10 Billion in Losses for Americans in 2023
In 2023, Americans Fell Victim to $10 Billion in Fraud, with Investment Schemes Leading the Losses. Federal Trade Commission data reveals that fraud costs Americans over $10 billion in 2023, with investment scams responsible for nearly half of these losses.
Global ransomware threat expected to rise with AI, NCSC warns
Source: NCSC
Artificial intelligence (AI) is expected to increase the global ransomware threat over the next two years cyber chiefs have warned in a new report published today (Wednesday).
Dragos Inc. Report: Ransomware Attacks Surge by 50% in 2023
A recent report by industrial cybersecurity firm Dragos Inc. reveals a 50% surge in ransomware attacks targeting the industrial sector in 2023. Titled "The Importance of Industrial Cybersecurity," the report stresses the vital role of cybersecurity in safeguarding industrial operations amid digital transformation.
Bank of America Warns Customers of Data Breach Amid Cybersecurity Incident
Bank of America is alerting its customers about a data breach that occurred due to a security lapse at Infosys McCamish Systems, a company that provides services for deferred compensation plans at the bank.
Sweden's Riksbank Takes Legal Action After Ransomware Attack on Tietoevry IT Systems
The Swedish central bank, Riksbank, has taken legal action by filing a police report following a ransomware assault on Tietoevry, a software company.
loanDepot Faces Major Data Breach: 17 Million Customers' Personal Information Compromised in Ransomware Attack
Mortgage lending firm loanDepot reported a significant breach in which the personal information of nearly 17 million customers was compromised during a ransomware attack in January.
Cyberattack Costs Clorox $49 Million: Response Expenses Revealed
Clorox, an American manufacturer of consumer and professional cleaning products, has confirmed that a cyberattack in September 2023 has resulted in expenses totaling $49 million related to incident response efforts.
SEC Cybersecurity Crisis: Hacked Account Posts False Bitcoin ETF Approval
The US Securities and Exchange Commission (SEC) Acknowledges Hacking of Official Account in a Cybersecurity Breach
