February 9, 2022
Via: Insurance JournalThe European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the financial fallout of any conflict. The stand-off between […]
December 29, 2020
Via: Insurance JournalMOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country’s largest lender Sberbank said. Russia has encouraged its citizens to switch to bank cards and limit cash use to […]
June 23, 2020
Via: Insurance JournalCyber losses among businesses have risen nearly six-fold during the past year, from a median cost of $10,000 per firm to $57,000, according to an international survey commissioned by insurer Hiscox. Total cyber losses among the study group rose from […]
August 6, 2018
Via: FinextraThis represents a historic high; more than a three-fold growth when compared with Q1 2018, and over double the installations than in Q1 2017. This is just one of the main findings from Kaspersky Lab’s Q2 IT threat evolution report. […]
Capital and Risk, Macroeconomic
February 20, 2018
Via: Insurance JournalMalicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday. The estimate comes in a Council of Economic Advisers report on the impact of cyber attacks on U.S. government and […]
September 21, 2023
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September 19, 2023
September 21, 2023
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