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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

Cyber attacks are a threat to businesses of all sizes and in all industries. With cybercrime rising by 600% during the pandemic, businesses are more vulnerable than ever to the financial and reputational repercussions of cyberattacks. By 2025, it is estimated that cybercrime will cost businesses worldwide $10.5

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Massive cyber attack hit the town hall of Marseille ahead local election

Security Affairs

While the Coronavirus is spreading worldwide, a massive cyber attack hit the town hall of Marseille and the metropolis. According to sources informed of the fact, the cyber attack is unprecedented in its scale. At the time there are no details about the attack and the family of ransomware that hit the city.

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Russian Cybercrime group is exploiting Zerologon flaw, Microsoft warns

Security Affairs

Microsoft has uncovered Zerologon attacks that were allegedly conducted by the infamous TA505 Russia-linked cybercrime group. Microsoft spotted a series of Zerologon attacks allegedly launched by the Russian cybercrime group tracked as TA505 , CHIMBORAZO and Evil Corp. Pierluigi Paganini.

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UK Fintech company Finastra hit by a cyber attack

Security Affairs

Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. SecurityAffairs – Finastra, cybercrime). The post UK Fintech company Finastra hit by a cyber attack appeared first on Security Affairs. Copyright (C) 2014 Media.net Advertising FZ-LLC All Rights Reserved -->. Pierluigi Paganini.

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TalkTalk confirms data breach involving a third-party platform

Security Affairs

UK telecommunications firm TalkTalk disclosed a data breach after a threat actor announced the hack on a cybercrime forum. UK telecommunications company TalkTalk confirmed a data breach after a threat actor claimed responsibility for the cyber attack on a cybercrime forum and offered for sale alleged customer data.

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Ransomware attack hit Indian multinational Tata Technologies

Security Affairs

Company client delivery services were not impacted by the attack. “Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has become aware of a ransomware incident that has affected a few of our IT assets.”

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New Cyber Attack Campaign Leverages the COVID-19 Infodemic

Security Affairs

Cyber criminals are greedily looking at this kind of narrative and are launching wide-spread, opportunistic cyber attacks to exploit the irrational behaviors of the individuals overwhelmed by the COVID-19 infodemic. New Cyber Attack Campaign Leverages the COVID-19 Infodemic. Pierluigi Paganini.