Ransomware attacks will cost the world $193 billion, warns a report from the Cyber Risk Management project

Ransomware attacks will cost the world $193 billion, warns a report from the Cyber Risk Management project

London: A global report warns that the ransomware received through emails and demanding ransom after targeting the computers, can cost the world nearly $193 billion. The report also claims that more than 600,000 companies are vulnerable to significant financial losses due to these ransomware attacks. The statistics published by the US Company Cybint, only last […]

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Cyber-attacks from countries is on the rise; warns Europol

Cyber-attacks from countries is on the rise; warns Europol

The Hague: Over the last few years, the incidence of Ransomware attacks has increased and various countries have been found to be involved in these attacks, warned the cyber report released by Europol. A few days ago, Iranian hackers attacked the Oxford, Cambridge and other universities in the United Kingdom and stole sensitive information. Europol, […]

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Cybercrime cost world economy more than $600 billion; Intellectual Property & banking sector prime targets

Cybercrime cost world economy more than $600 billion; Intellectual Property & banking sector prime targets

Washington: The scope of the threats in the cyberspace is increasing by the day and the cybercrimes have costed the world economy to the tune of $600 billion. In rupee terms, this is an astronomical equivalent of ₹40 lakh crore. The leading US think tank, ‘Centre for Strategic and International Studies’ (CSIS) and the cyber […]

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US and UK accuse Russia for NotPetya cyber attack

US and UK accuse Russia for NotPetya cyber attack

London/Moscow: The US and Britain have openly accused the Russian army of involvement in the NotPetya attacks that shocked many important countries including Ukraine. The US White House and the British Foreign Office has released independent statements blaming Russia for being responsible for the attacks. At the same time, a warning has been issued that […]

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