Remove 2015 Remove Cyber Attacks Remove Cybercrime
article thumbnail

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

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

FCA fines Tesco Bank £16.4m over 2016 cyber attack

Security Affairs

The bank was fined because it was not able to demonstrate “due skill, care and diligence” in protecting customers’ accounts from cyber attacks. Banks must ensure that their financial crime systems and the individuals who design and operate them work to substantially reduce the risk of such attacks occurring in the first place.”

Banking 103
article thumbnail

Who Is the Network Access Broker ‘Babam’?

Krebs on Security

Since the beginning of 2020, Babam has set up numerous auctions on the Russian-language cybercrime forum Exploit , mainly selling virtual private networking (VPN) credentials stolen from various companies. Babam has authored more than 270 posts since joining Exploit in 2015, including dozens of sales threads. com and wwwpexpay[.]com.