Wednesday, 17 July 2019

Tag Archives: cyber attacks

Calls for investigations after power restored in Manhattan

NEW YORK: A Manhattan power outage that temporarily turned off the bright lights of the big city only lasted for a few hours, but left plenty of lingering questions and calls for investigations. Con Ed President Tim Cawley insisted the Saturday night blackout that darkened more than 40 blocks of ...

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Cyber attacks cost $45bn in 2018

WASHINGTON: An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday. The Internet Society’s Online Trust Alliance, compiling data from the U.S. and some international sources, said ...

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Hackers threaten to leak 9/11 files

NEW YORK: The same hackers that released episodes of a yet-to-be-aired Netflix series and hacked major networks such as ABC, NBC, and HBO say that gigabytes of highly-confidential material they stole from a law firm could shed more light on the biggest terror act in American history. The Dark Overlord, ...

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BlackBerry to buy cybersecurity firm Cylance for $1.4bn

CALIFORNIA: BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next-generation autonomous cars. Besides the cash component, the deal includes the assumption of Cylance’s unvested employee incentives, BlackBerry said. ...

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Britain, Australia accuse Russian spies of global cyber attacks

LONDON: Britain and Australia accused Russian military intelligence of conducting a campaign of cyber attacks targeting political institutions, businesses, media and sport bodies around the world. Operatives from Russia’s GRU arm carried out various “reckless and indiscriminate” high-profile online attacks, British Foreign Secretary Jeremy Hunt said in a statement. Many ...

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UK could launch retaliatory cyber attack on Russia

LONDON: Britain would consider launching a cyber attack against Russia in retaliation if Russia targeted British national infrastructure, the Sunday Times reported, citing unnamed security sources. Britain’s relations with Russia are at a historic low, after it blamed Russia for a nerve agent attack on former Russian spy Sergei Skripal ...

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For global water crisis, climate may be the last straw

PARIS: Before man-made climate change kicked in – and well before “Day Zero” in Cape Town, where taps may run dry in early May – the global water crisis was upon us. Freshwater resources were already badly stressed before heat-trapping carbon emissions from fossil fuels began to warm Earth’s surface ...

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US blames North Korea for WANNA-CRY cyber attack

WASHINGTON: The Trump administration has publicly blamed North Korea for unleashing the so-called WannaCry cyber attack that crippled hospitals, banks and other companies across the globe earlier this year. “The attack was widespread and cost billions, and North Korea is directly responsible,” Tom Bossert, homeland security adviser to President Donald ...

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Pakistan, Bangladesh at high risk of cyber-attacks

WASHINGTON: Microsoft’s most recent Security Intelligence Report (SIR) shows Bangladesh and Pakistan to be most at risk of malicious software attacks. The bi-annual global report from the first quarter of 2017 reveals the most vulnerable nations prone to cyber-attacks. The in-depth study gives insights into the global threat landscape, with ...

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Cyber worm attack hits global corporate earnings

LONDON: Costly cyber attacks are having a bigger impact on corporate earnings and are becoming a fact of life for companies as Oreo cookie maker Mondelez, drug maker Merck and others said that a destructive “worm” attack in the last week of the second quarter disrupted operations. Mondelez International Inc, ...

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