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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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SHARED INTEL: How ransomware evolved from consumer trickery to deep enterprise hacks

The Last Watchdog

Ransomware is undoubtedly one of the most unnerving phenomena in the cyber threat landscape. Related: What local government can do to repel ransomware Ransomware came into existence in 1989 as a primitive program dubbed the AIDS Trojan that was spreading via 5.25-inch inch diskettes. inch diskettes.

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UK Fintech company Finastra hit by a cyber attack

Security Affairs

The financial technology firm Finastra announced it has suffered a ransomware attack that took down its some of its systems. Finastra , the UK leading financial technology provider, announced that some of its servers were shut down in response to a ransomware attack that the company detected. billion in revenues.

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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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French Rouen hospital hit by a ransomware attack

Security Affairs

The University Hospital Center (CHU) of Rouen was hit by the malware last week, the ransomware had a severe impact on the operations during the weekend. The AFP news agency reported that a ransomware attack on a hospital in Rouen last week caused “very long delays in care.” Pierluigi Paganini.

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Cyber CEO: The History Of Cybercrime, From 1834 To Present

Herjavec Group

We can learn a lot from the cybercrime of the past…the history of cybercrime is a glimpse into what we can expect in the future. In the past 18 months, we’ve experienced the beginning of an era that has seen cybersecurity and cybercrime at the center of it all. Dateline Cybercrime . Robert Herjavec.