On April 21, 2025, British retail giant Mark and Spencer (M&S) confirmed that it was the victim of a cyberattack that disrupted its contactless payment terminals in over 1,400 of its UK stores. The company reassured customers that both its…
Tag: Cybersecurity Insiders
Essentials to Gain 100% Cybersecurity Success: A Comprehensive Approach
In this increasingly digital world, cybersecurity has become more than just an IT concern; it’s a critical aspect of every business’s strategy and operations. With the rise of cyber threats—ranging from ransomware and phishing to insider threats and advanced persistent…
New cryptocurrency creation will lead to more ransomware attacks
In the past two to three years, law enforcement agencies around the world have made significant strides in combating ransomware attacks. These malicious attacks, often involving file-encrypting malware, have wreaked havoc on individuals, businesses, and even entire governments. However, authorities…
Akira Ransomware shifts focus to SMBs
Many small and medium-sized businesses (SMBs) operate under the assumption that cybercriminals won’t target them, believing their data or systems lack the value to entice hackers. After all, these businesses often can’t afford the hefty ransoms that typically interest cyber…
Emerging cyber threats from Genetic Data
In today’s digital age, cyberattacks are becoming increasingly sophisticated, with hackers targeting not only financial information or personal identities but also more intimate and sensitive data—genetic data. While we have long been aware of the risks to personal information like…
Ransomware Attacks on Financial Institutions: A Rising Threat with Multi-Layered Consequences
In 2024, financial institutions around the globe suffered an average loss of $6.08 million due to ransomware attacks. This marked a 10% increase compared to the previous year, signaling a disturbing trend of rising cybercrime targeting the financial sector. The…
How the China-US Trade Tariff War Is Increasing Cybersecurity Concerns
The ongoing trade dispute between China and the United States, commonly referred to as the “tariff war,” has created far-reaching effects beyond economics and politics. One of the often overlooked consequences of this prolonged conflict is its growing impact on…
Chinese smartphones now stealing cryptocurrency from wallets
The next time you’re looking for a budget-friendly smartphone, particularly one from a Chinese brand, you might want to proceed with caution. A recent warning from cybersecurity experts at Dr. Web, an anti-virus software company, suggests that purchasing low-cost smartphones…
Great Companies Don’t Just Build Apps, They Engineer Experiences
What is the most valuable asset a company has? It’s not just its intellectual property, brand recognition, or even its technology – it is its customers. And in today’s digital-first world, how do companies connect with their customers? Through mobile…
EU to provide burner phones to staff to banish Security concerns
As part of growing concerns over mobile security and potential espionage, the European Union has issued a cautionary advisory to its members and staff attending the upcoming International Monetary Fund (IMF) and World Bank events in the United States next…