By Oliver Pickup Digital breaches aren’t just a pain – they can cause lasting problems for SMEs. Business security was the topic of conversation in the first Spotlight Session, brought…
Tag: financial sector
Bank of Chile Suffers $10m Loss
Kacy Zurkus Banco de Chile publicly disclosed on 28 May that it had detected a virus, presumably from international networks, that affected thousands of its workstations. Now the bank has learned that…
Have you heard about ransomware? Now's the time to ask: Are you covered?
Cyber-insurance gig to be worth $14bn by 2022 By John E Dunn Every industry has its collection of shocking stories, but Britain’s cyber-insurance sector can always be relied on to…
Two Canadian Banks Warn Customers of Possible Breach
Phil Muncaster Two Canadian banks confirmed on Monday that they have been contacted by ‘fraudsters’ claiming to have in their possession personal and financial information on tens of thousands of…
EMEA Ransomware Attacks Soared Last Year
Phil Muncaster Ransomware continued to cause EMEA organizations most problems last year, accounting for over a quarter (29%) of malware detections compared to the global figure of just 7%, according…
GDPR Too Close, Half of Global Companies Not Ready
Kacy Zurkus With only one month remaining before the EU’s General Data Protection Regulation (GDPR) goes into effect, many organizations are still scrambling to be in compliance. That could result in…