News Archives - Page 9 of 9 - Cyber Security Minute

Cyberthreats, Regulations Mount for Financial Industry

Issued by: Dark Reading

The cybersecurity landscape for financial institutions and finance technology (fintech) has changed dramatically in the past few years, and 2023 will likely be no different. In 2022, for example, distributed denial-of-service (DDoS) attacks targeting financial firms increased by 22% worldwide, compared to the previous year, according to a joint report published by the Financial Services…

News

GoDaddy Says Recent Hack Part of Multi-Year Campaign

Issued by: Security Week

In a statement published last week on its website, the hosting giant said a small number of customers complained in early December 2022 about their websites being intermittently redirected. An analysis showed the redirects occurring on apparently random sites hosted on GoDaddy’s cPanel shared hosting services. The redirects were difficult to reproduce. Further analysis revealed…

News

7 reasons to avoid investing in cyber insurance

Issued by: CSO Online

With cyberattacks rising at an alarming rate around the world, cyber insurance has become an increasingly popular layer of protection for businesses across all sectors. However, despite its clear appeal as a means of supporting and augmenting cyber risk management, insurance might not be the right fit for all companies in every circumstance. In fact,…

News

Lockbit ransomware gang hit the Portuguese municipal water utility Aguas do Porto

Issued by: Security Affairs

The LockBit ransomware gang claims to have hacked Aguas do Porto, a Portuguese municipal water utility company, and is threatening to leak the stolen data. Aguas do Porto is a municipal water utility company that manages the full water cycle including water supply, and wastewater drainage. The company also manages public lighting and photovoltaic parks….