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German reinsurance giant Munich Re said Monday that it anticipates a boom in cyber-risk insurance in the wake of the coronavirus pandemic.
Companies that assist victims of ransomware attacks in making payments to criminal hackers could face penalties, according to a new advisory from the US Department of the Treasury.
Financial firms and governments overwhelmingly see cryptocurrencies as risky, a major survey found on Sept 29, with the potential for bitcoin and other digital tokens for use in money laundering and sanctions busting among the chief worries.
PETALING JAYA: Capitalising on the economic uncertainties caused by the Covid-19 pandemic, scammers are attempting to con Malaysians who may be in need of a financial lifeline.
Cybersecurity is also finding its new normal, with the public now facing remote working risks, Covid-19 related scams, misinformation, targeted ransomware, and more.
SINGAPORE (The Straits Times/ANN): Phishing e-mails that attempt to trick victims into giving up personal information continue to be a significant cyber threat in Singapore, with only a handful of respondents of an online poll correctly identifying all phishing e-mails shown to them
US travel management firm CWT paid US$4.5mil (RM19.08mil) to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters.
Hackers are targeting Premier League football clubs as they look for ways to cash in on cyberattacks against Britain’s multibillion-pound sports sector, according to a UK intelligence agency.
The US State Department and Secret Service offered US$2mil (RM8.5mil) in reward money on July 22 for help capturing two Ukrainians charged with hacking and selling valuable insider corporate information from the US Securities and Exchange Commission.
As the coronavirus pandemic is reshaping the business world and boosting online retailers and streaming services, another corner of the digital economy is thriving at least as much: cybersecurity.