In a statement, Germany’s Nordex Group, which manufactures and distributes wind power systems, said, it has been hit by a cyber security incident and has shut down its IT systems across multiple locations and business units to contain the threat…. Read More ›
cyber attack
Hackers successfully break into digital authentication firm Okta Inc
In a statement, digital authentication firm Okta Inc said, a hacking group known as Lapsus$ has broken into its systems as a result hundreds of customers have been affected. The cyber attack has sparked concerns after the cyber extortion gang… Read More ›
European Central Bank preparing banks for potential cyber attacks
According to two sources with knowledge of the matter at hand, the European Central Bank has begun preparing banks for a possible cyber-attack from Russian actors. The standoff between Russia and Ukraine has hit a nerve in Europe’s political and… Read More ›
Equifax appoints Mark Begor as its CEO
Mark Begor, 59, is set to join Equifax on April 16, this year. His appointment at the help of the consumer credit rating agency comes at a time when the firm faces significant headwinds stemming from what is slated to… Read More ›
Cyberattacks take a toll on Mondelez’s second quarter revenues
The Cadbury’s owner has yet to assess the total damage caused by the cyberattacks. Mondelez International Inc, the second biggest confectionery company in the world, has stated that its second-quarter revenue growth would shrink by 3% due to the recent… 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 ›
Microsoft slams government for its duplicity on vulnerabilities
The attacks stem from a collection of vulnerabilities collected by the NSA, which collected vulnerabilities and created tools to use the exploits for espionage and cyber attack purposes. The vulnerabilities and the tools were released by a hacking group known… Read More ›
Renault factories expected to hit the road running today
Thank god the global cyber attack happened on a weekend, on a weekday, there would have been a bloodbath. A spokesman for Renault has stated, it expects its production to be at normal levels on Monday after a massive wave… Read More ›
France, Germany Netherlands vulnerable to election hacking: former U.S. official Justice Department
The U.S. intelligence community has repeatedly pointed a finger at Russia for having influenced the 2016 U.S. Presidential elections and have called for a more proactive and assertive stance. As per a former official from the U.S. Justice Department who… Read More ›