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Report Reveals Growing Financial and Reputational Costs of Cyber-Attacks

May 2, 2024 | Cybernews

Survey of IT and security professionals shows increasing financial losses and reputational damage due to cyber incidents, with cloud account compromise and phishing attacks on the rise.

Ransomware Incidents in US Lead to 355 Lawsuits in 2023

May 2, 2024 | Cybernews

Ransomware incidents in the US in 2023 resulted in 355 lawsuits, with data breaches being the primary reason for legal action.

Ransomware Attack on Change Healthcare Leads to $22 Million Payment and $872 Million in Costs for UnitedHealth Group

May 2, 2024 | Cybernews

Hackers gain access to Citrix portal using compromised credentials, leading to ransomware attack and significant financial consequences for UnitedHealth Group.

FCC Fines Major US Mobile Carriers $200 Million for Illegally Sharing Customer Location Data

May 1, 2024 | Cybernews

Major US mobile carriers fined for illegally sharing and selling customers’ real-time location data without consent, leading to unauthorized access by third parties.

Sophos State of Ransomware Report Reveals 500% Surge in Ransom Payments

May 1, 2024 | Cybernews

Ransom payments have increased by 500% in the past year, with the average payment now standing at $2 million per incident, according to the Sophos State of Ransomware Report.

Millions of Malicious “Imageless” Repositories Discovered on Docker Hub

May 1, 2024 | Cybernews

Cybersecurity researchers uncover significant security threat on Docker Hub with millions of harmful repositories lacking actual images.

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