The DDoS attack is the biggest in internet history. | World …
Oct 26, 2023 · Internet companies including Google and Amazon are fighting off the world’s biggest distributed denial of service (DDoS) attack. They’re warning internet users that these types of attacks could cause widespread disruption unless cybersecurity measures are stepped up. In a blog post, dated October 10th, 2023, Google said the attack, which ...
6 stories that defined cybersecurity in 2023 - The World Economic …
Dec 19, 2023 · Here are some of the major cybersecurity stories featured on Agenda in 2023. 1. US' National Cybersecurity Strategy. In March 2023 President Joe Biden released a new National Cybersecurity Strategy, outlining how the US government intends to secure cyberspace and create a resilient digital ecosystem that is easy to defend and safe for everyone.
FBI takes down army of ‘zombie’ computers. Here what to know
Jun 19, 2024 · The FBI recently dismantled a network of 19 million computers infected with malware. These ‘zombie devices’ were thought to comprise the world’s largest botnet. The World Economic Forum’s Centre for Cybersecurity is working to drive public-private action against cybercrime. In late May 2024, the US Federal Bureau of Investigation made ...
Cybercrime: Critical infrastructure is at risk and needs a combined ...
Jul 14, 2023 · Swiss governmental agencies and cantonal offices were also targeted in a series of attacks in May and June. On June 12, the Swiss federal government website was taken down by a DDoS attack, launched by the hacker group NoName, supposedly in retaliation for the Swiss adoption of EU sanctions against Russia.
Cyberattacks threaten global financial stability, IMF warns | World ...
May 15, 2024 · In the past two decades, nearly one-fifth of reported cyber incidents have affected the global financial sector, causing $12 billion in direct losses to financial firms, according to the IMF’s Global Financial Stability Report. Since 2020, direct losses amounted to an estimated $2.5 billion. "While largely recognized as leaders from a cyber ...
Paris Olympics 2024: Experts sound the alarm on cyber threats
Jun 13, 2024 · The Olympic Games, which open 26 July 2024, are expected to sell over 13 million tickets and bring more than 15 million visitors to Paris, generating an estimated €11 billion in economic activity in Île-de-France. The massive ticketing operation and surge in commerce, experts warn, make the Games an attractive target for cyberattacks.
5 urgent actions in the fightback against ransomware
May 12, 2021 · 4. The international community should coordinate efforts to develop a single, widely adopted Ransomware Framework that will help organizations prepare for and respond to ransomware attacks. 5. Governments must regulate the cryptocurrency sector more closely, and ensure exchanges, kiosks and over-the-counter trading desks comply with existing ...
These new principles will help ISPs fight cybercrime
Jan 23, 2020 · Phishing, smishing and social engineering attacks are now experienced by 85% of organizations, while stc Group comes under DDoS attack on average 70 times a day. The principles set out four key ways in which telecoms operators can have an impact on reducing the impact of global cybercrime: 1) ISPs can make an impact by protecting their ...
Cybersecurity news: FBI warns of dual ransomware threat | World ...
Oct 4, 2023 · In most cases, the second attack has come within 48 hours of the first, but the period between attacks has been as long as 10 days. To mitigate the risks from dual ransomware attacks, the FBI recommends companies review their security posture, maintain offline back-ups of critical data and ensure those back-ups are encrypted.
Geopolitical Instability Raises Threat of ‘Catastrophic Cyberattack …
Davos, Switzerland, 18 January 2023 – Geopolitical instability is exacerbating the risk of catastrophic cyberattacks, according to the Global Cybersecurity Outlook 2023 report, which was launched today at the World Economic Forum Annual Meeting 2023 in Davos.