Tag: cyber attack
MedTech Company Hit by Cyber Attack – November 21st
LivaNova reported a cyber attack to the SEC, resulting in disruption of the company’s operations. The MedTech company is now in the process of executing its incident response plan and placed some of its systems offline to minimize the damages of the attack.
Cybersecurity Market To Reach $478B by 2030 – November 13th
Despite recent talk of a tech slowdown that reaches cyber, Allied Market Research reported that the market is poised to grow to $478.68B by 2030, with a 9.5% annual growth rate. The data predicting the cybersecurity market's growth was taken from Allied Market Research's “Cyber Security Market by Component, Solution, Deployment Model, Enterprise Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021–2030”.
CISA Signs Cybersecurity MoU with the Republic of Korea – November 10th
The Cybersecurity and Infrastructure Security Agency (CISA) announced a signed Memorandum of Understanding (MoU) with the Republic of Korea's National Intelligence Service (NIS) to establish collaboration efforts under the bilateral Cyber Framework between the US and the Republic of Korea signed in April. The framework between the Republic of Korea and the US includes sharing technical and operational cyber threat information and best practices in cyber crisis management.
Revenue Losses in Small Businesses due to Cyber Attacks Rise to 42% – October 30th
According to a report by the Identity Theft Resource Center, 42% of small businesses lost revenue due to a cyber attack in 2023. Despite the record rise of cyber attacks (73%) and revenue loss in small businesses, 85% of small business leaders claim to be prepared for cyber attacks.
Ransomware attack erases months of government records
A massive ransomware attack cost the Sri Lankan government four months of data and spread to UK government offices, including the Cabinet Office.
FBI nails Qakbot offender – August 30th
In today's roundup; FIN8 threat actors exploit gateway risk, the University of Michigan's cyber attack, and the FBI taking down the Qakbot offender.