Danish cloud hosting services provider CloudNordic has announced that all its systems were rendered unusable following a ransomware attack. The attack, the company explains in an incident notice on its website, started on Friday, August 18, and resulted in all its systems and servers being shut down. “Websites, e-mail systems, customer systems, our customers’ websites, etc. […]

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s Mad Money on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems need to take particular […]

Even in the usually exciting world of cybersecurity, discussions on enterprise security budgets tend to veer toward the mundane. However, today’s macroenvironment has thwarted almost every market prediction, and while we know for certain that the down market has driven most companies toward austerity, its true impact on cybersecurity spending has remained an enigma — […]

The six biggest companies in AI had a peculiar challenge for hackers last week: make their chatbots say the most terrible things. Hackers lined up outside the Caesars Forum conference center just off the Las Vegas Strip for their chance to trick some of the newest and most widely used chatbots. Held as part of […]

Aug 1 (Reuters) – An obscure cloud service company has been providing state-sponsored hackers with internet services to spy on and extort their victims, a cybersecurity firm said in a report to be published on Tuesday. Researchers at Texas-based Halcyon said a company called Cloudzy had been leasing server space and reselling it to no […]

Much of the malicious cyber activity we hear and read about in the news these days tends to be from actors who are focused on some form of personal gain. Whether it is ransomware gangs seeking profit or nation-state actors conducting espionage on government networks, we’ve grown accustomed to viewing malicious hackers in terms of […]

Australia’s newly minted cybersecurity coordinator is pleading with companies not to pay ransoms, saying doing so risks making the nation a rich target for cybercrime. As the federal government develops a new 2023-30 Cyber Security Strategy, Air Marshal Darren Goldie warns that rapidly evolving technology, including artificial intelligence, will create new challenges. In his first […]

WASHINGTON (AP) — The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking. Officials likened the new U.S. Cyber Trust Mark initiative — to be overseen by the Federal […]

Hackers linked to China have accessed email accounts of Western government agencies and organisations in a cyberespionage campaign, Microsoft has said. White House National Security Advisor Jake Sullivan appeared to confirm the allegations on Wednesday, saying that the United States had detected a breach of federal government accounts “fairly rapidly” and is investigating the matter. […]

In 2021, venture funding in the red-hot cybersecurity market topped $23 billion. Two years later, it seems like a security startup will be lucky to raise just one-third of that. Venture funding for cybersecurity dropped to just slightly more than $1.6 billion in the just completed second quarter — a 63% drop from the same […]