Tag: hackers

Hackers Behind MGM Attack Targeting Financial Sector in New Campaign

Hackers plan to attack banks, insurance companies

The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.

Administration Promotes $1 Billion in Grants to Fight Cybercrime

cyber risk management

The Biden administration has called on states and local governments to apply for new cybersecurity grants worth $1 billion over four years. The move is part of US efforts to beat back attacks from criminal hackers, who have successfully targeted everything from gas pipelines and meat factories to schools and hospitals. “Cyberattacks have emerged as… Continue reading Administration Promotes $1 Billion in Grants to Fight Cybercrime

U.S. Plans to Counter Ransomware Attacks through Crypto Tracing

Christie's ransomware

The Biden administration intends to crack down on the use of cryptocurrencies in ransomware attacks through more rigorous tracing of proceeds paid to hackers behind the disabling of companies, organizations and government agencies around the world, according to people familiar with the matter. In a virtual briefing with members of Congress on Wednesday, Deputy National… Continue reading U.S. Plans to Counter Ransomware Attacks through Crypto Tracing

Zurich Warns of Heightened Cyber Risk During Pandemic

Digital security concept

Zurich Insurance has warned that a surge in remote work during the coronavirus (COVID-19) pandemic will result in heightened cyber security risks. With businesses around the world increasingly urging employees to work from home to help slow the spread of the virus, analysts believe that the security standards of some organisations could be compromised. Nikki… Continue reading Zurich Warns of Heightened Cyber Risk During Pandemic