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GUEST ESSAY: The three horsemen of cyber risks: misinformation, disinformation and fake news

The Last Watchdog

Such a transformation however, comes with its own set of risks. Misleading information has emerged as one of the leading cyber risks in our society, affecting political leaders, nations, and people’s lives, with the COVID-19 pandemic having only made it worse.

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Half a billion cyber attacks thwarted by Tokyo Olympics 2021

CyberSecurity Insiders

Hackers are always interested in events that grab the attention of the entire globe and one such sporting event was the Tokyo Olympics 2020 that was postponed by the organizers because of COVID-19 Pandemic and rescheduled and held between July–August 2021 i.e. in this year. Tokyo Olympics 2020 Games were held at a cost of $15.8

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Online businesses that are most targeted by cyber attacks

CyberSecurity Insiders

The year 2020 proved disappointing to many businesses as the lockdown schedules observed across the globe incurred loss to companies in one way or the other. Next in the line will be the online casino industry that lacks adequate measures to mitigate sophisticated cyber risks like DDoS attacks.

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A cyber-attack on major banks could trigger a liquidity crisis, ECB President Christine Lagarde warns

Security Affairs

The president of the European Central Bank (ECB), Christine L agarde, is warning that a cyber-attack on a major financial institution could trigger a liquidity crisis. The president of the European Central Bank (ECB), Christine Lagarde, has warned that a coordinated cyber-attack on major banks could trigger a liquidity crisis.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

A report this month from the Government Accountability Office (GAO) found that the number of companies seeking cyber insurance coverage has steadily risen since 2016 and that insurers are increasing the prices of their policies and lowering their coverage limits as the number of cyberattacks rise. Insurers Assessing Risks.

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Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk

The Security Ledger

about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Robots Driving Cyber Risk. Read the whole entry. »

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Hedge Fund Closes Down After Cyber Attack

SecureWorld News

We hear it all the time from the virtual stage of regional SecureWorld conferences: Cyber risk is business risk. The firm's key hedge fund was up 20% in 2020 thanks to economic chaos happening around the globe. Instead, following the BEC attack, that investor pulled its money out and the hedge fund collapsed.