A disgruntled employee at Tesla has caused “extensive and damaging sabotage,” according to the company’s CEO Elon Musk. In an email sent to employees late Sunday night, Musk revealed an employee had broken into the company’s computer systems in an effort to disrupt operations. The message, as first reported by ... Read More

Federal authorities have arrested dozens of alleged fraudsters in an international takedown of Business Email Compromise (BEC) schemes. According to the Department of Justice, a total of 74 individuals were arrested, including 43 in the US, 29 in Nigeria, and three in Canada, Mauritius and Poland. The operation – dubbed ... Read More

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

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

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

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

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

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

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

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