Threat actors motivated by financial gain continue to rise in prominence, representing 55% of all cyber actors during ... based on Mandiant Consulting’s attack investigations worldwide during ...

“It’s now clear that we experienced a highly sophisticated cyber attack involving ... But “the biggest motivation in these attacks is almost always financial gain”, he added.

May 15, 2024 - The professional sports industry represents the unique intersection of numerous motivating factors for cyber ... financial gain have hit major sports teams with ransomware attacks.

A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to ...

The potential financial impacts of cyber risks on a company are huge. Even a minor attack can force a business to pay for lost or stolen data records, with an average cost of $150 per stolen record.

believes that amid the cyber attack crisis M&S must focus on workers as well as consumers. She said: “Ultimately, this is going to have a financial impact on the business and could lead to a ...

The Russian National Computer Incident Response & Coordination Center (NCIRCC) released a security alert about the attack ...

This state-backed actor was able to gain access through ... These kinds of attacks from malicious cyber actors are the greatest risk the financial system faces today. Firms spend billions of ...

Taiwan must prepare for the risk of electronic and financial attacks. Indeed, the weaponization of cyber and finance has already occurred. Russia used cyberattacks to gain an advantage during its ...

These attacks can target individuals, businesses, or even governments, and their motives can range from financial gain to political disruption. Cyber attacks can take many forms, employing various ...