Tag: cyberattacks

YARMOUTH, Maine – As data breach becomes a daily occurrence across every connected industry, experts look nervously to central bank financial institutions for potential damage to international finance. On September 14 the Bank for International Settlements (BIS) produced a working paper titled “Cyber risk in central banking” that examines the readiness and stance of those institutions as cyber crime grows. “While there have been several studies and surveys on cyber threats...

YARMOUTH, Maine—Approximately 65 percent of all distributed denial of service (DDoS) attacks are directed at the US or UK, according to the data analyzed by Atlas VPN, which noted that cybercriminals are taking advantage of vulnerabilities created with more people working remotely during the pandemic. The report shows that:  65% of all DDoS attacks target US and UK The United States was a target of 35% of all DDoS attacks in June 2021. The United Kingdom comes second as it...

Voluntary vs. Required. That debate regarding the sharing or reporting of vital information emerged in recent days after another salvo in the war on cyberattacks was fired in Washington, D.C. Last week, a bipartisan group of senators, led by Mark Warner (D-Va.), Marco Rubio (R-Fla.), and Susan Collins (R-Maine), introduced a bill, titled the Cyber Incident Notification Act of 2021, that requires all federal agencies, contractors, and organizations considered critical to U.S. national security...

NEW YORK—The Federal Bureau of Investigations (FBI) is investigating yet another cyberattack, as the New York City Law Department’s computer network was forced to shut down over the weekend due to the work of hackers. The city’s Cyber Command first detected the breach on Saturday, June 5, which forced officials to disable the Law Department’s computer the next day after it was determined that a cyberattack had taken place. There is no indication at this point that private...

When I hear the word “skyrocket,” it always reminds me of fireworks bursting overhead, spraying beautiful, illuminating dots and sparkles of color across a black nature canvas. However, when it comes to cyberattacks, there’s nothing beautiful at all about them; they’re detrimental. Take a moment to really think about these malicious assaults that gain unauthorized access to a victim’s device. Sensitive data can be stolen, computers completely taken over and harmful...