What if a malware event went global? I mean really global, as in much further than previous malware attacks, such as the WannaCry Ransomware in 2017. Thankfully that bug failed to live up to its potential. So when a new report by Lloyd’s: ‘Bashe attack: Global infection by contagious malware’ dropped into my in-box, I was curious to find out what they had learnt from the exercise.
The impact of economic losses in Hong Kong caused by malicious cyber attackers could amount to US$32 billion (HKS249.6 billion) annually –10 per cent of the city’s gross domestic product – according to a new study. Large organisations with more than 500 employees could suffer average losses of US$24.9 million.
Social networking has changed the way we interact with friends, family and associates, writes Natasha Brown from Fifth Step. While social networks like Facebook, Twitter, LinkedIn and YouTube, play a significant role in most of our lives they are an increasingly high-risk target for cyber attacks. With hundreds of millions of users across various online platforms, these sites not only attract friends and family, but also people wanting to know about you for the wrong reasons.
DPR expert Darren Wray puts the incident under the microscope and outlines lessons learned from the fallout. Despite the first attacks on Equifax going back as far as May 2017, the full details of the breach have not and may never be fully released to the public. There is, however, enough information available for those on the outside of the organisation to observe the lessons that can and should be learnt. Read this Darren Wray bylined article written for Global Reinsurance magazine to learn more http://ow.ly/5xbd30hIzdm
Despite the first attacks on Equifax going back as far as May 2017, the full details of the breach have not and may never be fully released to the public. There is, however, enough information available for those on the outside of the organisation to observe the lessons that can and should be learnt, writes Fifth Step CEO Darren Wray in Strategic Risk magazine.
With the recent news about major breaches, particularly those in the United States having a good data breach plan has never had more prominence in the media. In this podcast we discuss the what, the why and the how of data breach plan.
While it is not possible to be 100% secure from a cyber-attack, there are number of measures companies can take to reduce the risk of it happening – and to help ensure they minimise the consequences and recover more quickly should a breach occur.