7 years ago081(Reuters) - A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd's of London said in a report on Monday.
The report, co-written with risk-modeling firm Cyence, examined potential economic losses from the...
7 years ago078(Reuters) - Package delivery company FedEx Corp (FDX.N) said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.
FedEx's shares fell as much as 3.4 percent to $211.53 in early trading as the company said the financial impact of the disruption on its results was likely to...
7 years ago044(Reuters) - Trump International Hotels Management LLC said late on Tuesday a data breach at a service provider compromised card payment details at 14 of its properties.
The compromised information included payment card numbers and card security codes for some of the hotel chain's reservations processed through service provider Sabre...
7 years ago077German firms have lost millions of euros to organized crime in a scam dubbed "CEO Fraud" that uses faked memos from top executives to entice accounting personnel to transfer funds, Germany's federal cyber agency said on Monday.
The BSI agency said officials investigating the new scam had secured a list of 5,000 potential targets, and...
7 years ago075Germany's BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a week.
Analyses by computer experts showed that waves of attacks had been launched via software...
7 years ago084Ukrainian police on Tuesday seized the servers of an accounting software firm suspected of spreading a malware virus which crippled computer systems at major companies around the world last week, a senior police official said.
The head of Ukraine's Cyber Police, Serhiy Demedyuk, told Reuters the servers of M.E.Doc - Ukraine's most...
7 years ago057Alphabet Inc's (GOOGL.O) Google pressed U.S. lawmakers and the international community on Thursday to update laws on how governments access customer data stored on servers located in other countries, hoping to address a mounting concern for both law enforcement officials and Silicon Valley.
The push comes amid growing legal...