Category: News

White House says companies ‘face a very difficult situation’ on compensating attackers

The group behind the Colonial Pipeline hack operates in much the same way as the privateers who terrorized the seas in the golden age of piracy in the 17th and 18th centuries.

Companies in the energy sector are more likely than their peers to pay ransoms after a cyberattack.

Oil prices climbed Monday after a vital US pipeline was put out of action by a cyber attack, while iron ore and copper hit historic peaks on demand optimism as economies reopen.

Source: Bloomberg, 10:55

The attack that hit Colonial Pipeline last week is a novel form of cybercrime that puts normally staid corporate entities in the vise of an old-school extortion scheme, one in which a company’s balance sheet, insurance status and capacity to absorb the pain o…

NCSC Active Cyber Defence blocks surge of pandemic scams

Deadline looms for Women In Cyber Day petition, data theft from insurance quote websites and advice from Canada’s top cyber agency The post Cyber Security Today, May 10, 2021 – Deadline looms for Women In Cyber Day petition, data theft from insurance quote websites and advice from Canada’s top cyber agency first appeared on ITBusiness.ca.

Researchers say only four per cent of iPhone users in the U.S. have agreed to app tracking after updating their device, a cyberattack shuts down a U.S. pipeline, and WhatsApp scraps its May 15 deadline for accepting its privacy policy, but there’s a catch. It’s all the tech news that’s popular right now. Welcome to……

Accelerated moves to the cloud made sense at the height of the pandemic — organizations may face different concerns in the future.