In a significant legal decision, a Ukrainian court has sentenced two Russian Federal Security Service (FSB)-backed hackers from the notorious Armageddon group in absentia for conducting more than 5,000 cyberattacks against Ukrainian institutions and critical infrastructure. The sentencing was announced by Ukraine’s State Security Service (SBU) on
Nordic utility giant Fortum is facing a growing number of cyberattacks, drone surveillance, and suspicious activities around its power assets in both Finland and Sweden. This was revealed by CEO Markus Rauramo, who highlighted that the utility company experiences daily cyberattack attempts and has called on authorities to investigate these
An infamous financially motivated cybercrime group, FIN7, has recently surfaced with a sophisticated new campaign aimed at exploiting the growing interest in deepfake technologies. According to a report by Silent Push, FIN7 is using a network of malware-laden websites to lure victims by offering them free or trial versions of
Japanese tech manufacturer Casio has confirmed that it was recently hit by a cyberattack that caused a system failure, leaving some customer services unavailable. The attack occurred on October 5, 2024, marking the second significant breach the company has experienced in the past year. Casio, known for producing calculators, cameras,
Mitsubishi Electric Corp., a major player in a variety of industries, including defense, infrastructure, electronics, and railway systems, has been targeted by a series of sophisticated cyberattacks over the past decade. In a recent investigation, at least four Chinese-affiliated hacking groups have been linked to breaches within the company, underscoring
In today's interconnected world, data breaches have become a pervasive threat, impacting businesses across all industries and sizes. The financial consequences of these breaches can be staggering, extending far beyond the immediate costs of incident response and remediation. This article will explore the multifaceted financial fallout of data
Recent Cyberattacks Highlight a Growing Threat The sources detail a number of cyberattacks that have occurred over the last week, highlighting the increasing frequency and sophistication of these threats. These attacks have targeted a variety of organizations, including government agencies, healthcare providers, and transportation systems. The attacks have resulted in
The case involving Star Health Insurance’s Chief Information Security Officer (CISO) allegedly selling customer data to a hacker highlights one of the most dangerous types of insider threats—privileged access abuse. According to reports, the hacker claimed that the CISO was involved in selling over 7.24 terabytes of
The Internet Archive, a non-profit digital library known for its Wayback Machine service, has fallen victim to a significant cyberattack, resulting in a data breach affecting 31 million users and prolonged website outages due to distributed denial-of-service (DDoS) attacks[1][2]. The Data Breach On October 9, 2024, news of
While fines for non-compliance with data protection laws such as GDPR and CCPA can reach staggering amounts, the financial damages resulting from ransomware attacks and cyberattacks can sometimes far exceed these fines. Here’s a comparison of the biggest CCO/DPO-related fines with some of the most significant ransomware attacks
In an alarming development for national security, Chinese state-backed hackers have infiltrated several major U.S. telecommunications providers, including Verizon, AT&T, and Lumen Technologies. The attack, attributed to the advanced persistent threat (APT) group Salt Typhoon, has raised significant concerns as the hackers reportedly accessed systems integral to
On October 8, 2024, American Water Works, the largest regulated water and wastewater utility in the U.S., announced that it had been the target of a significant cyberattack. Serving over 14 million customers across 24 states, the utility was forced to take down critical systems, including its MyWater billing