Survey Finds Most Financial Firms Unprepared for Looming GDPR Deadline

Survey Finds Most Financial Firms Unprepared for Looming GDPR Deadline

With only a few weeks until the European Union’s General Data Protection Regulation (GDPR) goes into effect, many businesses are finding themselves at risk of missing the deadline and facing hefty fines. According to a recent study conducted by Cordium and AmberGate, more than 50 percent of investment firms globally ... Read More
London Police Launch New Cybersecurity Initiative for Local Businesses

London Police Launch New Cybersecurity Initiative for Local Businesses

The City of London police introduced a new initiative on Monday aimed at helping local businesses defend themselves against cyber threats. Called Cyber Griffin, the initiative is based around three key deliverables, including free-of-charge threat briefings, incident response exercises and advisory groups. Starting June 29, police officers will deliver threat ... Read More
A Look at the 2018 Verizon DBIR: Key Takeaways and Industry Highlights

A Look at the 2018 Verizon DBIR: Key Takeaways and Industry Highlights

Now in its 11th installment, Verizon’s Data Breach Investigations Report (DBIR) is a must-read for cybersecurity professionals across the globe. The 2018 edition dives deep into more than 53,000 real incidents and 2,216 confirmed data breaches with the ultimate goal of informing defenders on the threats they face and how ... Read More
Panera Bread’s Website Reportedly Leaked Millions of Customer Records

Panera Bread’s Website Reportedly Leaked Millions of Customer Records

The personal information of millions of Panera Bread customers was reportedly left exposed online for at least eight months. According to reports, the popular US bakery-café chain, which operates over 2,100 locations, was initially alerted of the data leak back in August 2017. As reported by security journalist Brian Krebs, ... Read More
56% of Orgs Hit with Ransomware Attack in the Past Year, Finds New Survey

56% of Orgs Hit with Ransomware Attack in the Past Year, Finds New Survey

Ransomware is still rampant across organizations worldwide, with roughly 56 percent of businesses experiencing a ransomware attack in the last 12 months, new research revealed. The findings come from SentinelOne’s 2018 Global Ransomware Study conducted by Vanson Bourne, which surveyed 500 businesses in the UK, France, Germany and the United ... Read More

City of Atlanta Computer Systems Reportedly Hit by Cyber-Attack

The city of Atlanta’s computer network is reportedly experiencing outages, which are believed to have been caused by a targeted cyber-attack. According to Atlanta-based news station 11Alive, multiple sources familiar with the situation confirmed that various city systems had been impacted. In a statement on Twitter, the city said it ... Read More

New Survey: 75% of Middle East Oil & Gas Companies Have Suffered a Security Compromise

The oil and gas sector in the Middle East has become a top target for cybercriminals, enduring 50 percent of all cyber-attacks in the region, revealed a new report. The study, conducted by industrial giant Siemens and the Ponemon Institute, polled around 200 individuals in the Middle East responsible for ... Read More

US Power Company Fined $2.7M for Failing to Comply with Energy Industry Cyber Standards

A US-based power company has agreed to pay a $2.7 million penalty after inadvertently exposing sensitive data online and violating energy industry cybersecurity standards. According to an electronic filing by the North American Electric Reliability Corporation (NERC) on Feb. 28, the unnamed utility reached the settlement with power regulators despite ... Read More

Yahoo Agrees to $80 Million Settlement Over Data Breaches

Yahoo has agreed to pay $80 million to settle a federal securities class action lawsuit following the massive data breaches that compromised the personal information of three billion users. The suit was filed by several shareholders in January 2017, alleging the web services provider intentionally misled them about its cybersecurity ... Read More

Uber Sued by Penn. Attorney General for Delayed Data Breach Notification

Pennsylvania Attorney General Josh Shapiro is suing Uber for failing to promptly disclose a data breach that exposed the personal information of thousands of drivers in the state. The incident dates back to November 2017, when it was reported that the company went to great lengths to cover up a ... Read More
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