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By 2021 Cost of Cybercrime to Top Annual Natural Disasters and Global Drug Trade Costs, Says Report

By 2021, it is estimated that cybercrime will cost the global economy more than $6 trillion in damages, exceeding annual costs for natural disasters and the global drug trade. more

Phishing Attacks Targeting Executives Now Top Cybersecurity Insurance Claims, Says AIG

A new report published by the insurance giant, AIG, claims phishing attacks via email, often targeted at senior executives, has overtaken ransomware. more

Hong Kong ISPs Oppose Government Plans for Internet Restrictions Without Industry Consultation

A statement released by the Hong Kong Internet Service Providers Association (HKISPA) denouncing any plans that would restrict Hong Kong's open internet network. more

Australia to Block Domain Names That Host Extremist Content During Attacks

Following the Christchurch massacre in March which resulted in the killing of 51 worshippers at two New Zealand mosques, Australian Prime Minister Scott Morrison while attending the G7 summit in France, said the government will establish a new framework to block domains linked to violent attacks. more

Ransomware Causes 15 Schools in Arizona To Stay Closed For a Second Day

The Flagstaff Unified School District (FUSD), in Arizona which consists of 15 schools and over 9,600 students, canceled classes on both Thursday and Friday after a ransomware virus was found on multiple servers. more

51 CEOs Call on US Congress for Urgent Nationwide Data Privacy Law Overriding State-Level Laws

A letter, signed by 51 CEOs, was sent to U.S. House and Senate and leaders of other committees today urging policymakers to pass a comprehensive national data privacy law. more

The Insecurity of the IoT is Only Getting More Profound, Says Principal Researcher at F-Secure

"Three years after Mirai first appeared, and two years after WannaCry, it shows that we still haven't solved the problems leveraged in those outbreaks," said F-Secure Principal Researcher Jarno Niemela. more

281 Arrested Worldwide by US Federal Authorities in Connection With Business Email Compromise Scheme

U.S. Department of Justice says federal authorities successfully carried out a "significant" coordinated effort to disrupt Business Email Compromise (BEC) schemes designed to intercept and hijack wire transfers from businesses and individuals. more

Legacy TLD .ORG Takes On New Branding Focus as Part of a New Transformative Journey, Says PIR

Public Interest Registry (PIR), the non-profit organization in charge of operating the 34-year-old legacy top-level domain .ORG on Tuesday revealed a new global brand, including a new visual identity and a new website named TheNew.org. more

Cyber Risk Now on Top of Corporate Risk Agendas, Cyber Insurance Expanding

Results from the 2019 Marsh-Microsoft Global Cyber Risk Perception survey indicates several encouraging signs of improvement in the way organizations view and manage cyber risk. more

Wi-Fi Alliance Launches Wi-Fi 6 Certification Program

Wi-Fi Alliance, the non-profit entity that oversees implementation of the Wi-Fi standard, officially launches the Wi-Fi 6 certification program. more

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Cybercrime

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Cybersecurity

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