Despite the large scale of the attack, an industry source told the media that hackers who locked files on 200,000 computers globally and asked for a bitcoin ransom payment to unlock them, have only made around $50,000. Machines across 150 countries were… Read More ›
Day: May 16, 2017
This Is Why The Indian Market Is Being Attempted To Be Cracked By Many US Start-Ups
The Indian market came to Houzz, which is based in Palo Alto, California and is an online home renovation and design giant, and the company didn’t start out with a plan to enter the Indian market. A million customers and… Read More ›
Intelligence sharing pact with U.S. ally at risk
The Washington Post has reported that U.S. President Donald Trump shared intelligence with Russians without first consulting the source who supplied that piece of intelligence thus endangering intelligence sharing ties amongst U.S. allies. Reuters has reported that U.S President Donald… Read More ›
Misrepresentation of data privacy measures by companies likely to attract lawsuits from the FTC
Lawsuits are likely to follow in the wake of the global ransomeware attack. According to legal experts, businesses which failed to update their Microsoft Windows-based operating system, could be sued over lax cyber security practices, although Microsoft Corp by itself… Read More ›
Cyber tech stocks surge in the wake of the WannaCry attack
Investors are focusing on opportunities that the attack has presented for Tech companies. Cyber security experts have found evidence that point to a North Korea link in the WannaCry “ransomware” global cyberattack that has infected 300,000 devices across 150 countries,… Read More ›