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Ransomware Costs Could Reach $70m
in Cyber Security, IT TipsIT services giant Cognizant has admitted that a ransomware attack it suffered back in April may end up costing the company as much as $70m. The firm announced revenue of $4.2bn for the first quarter of 2020, an increase of 2.8% year-on-year. In this context, the $50-70m hit it expects to take in Q2 from the ransomware attack will […]
Data Breach Exposes Four Million Dating App Users
in Cyber Security, IT TipsAlmost four million users of a popular Android dating app have had their personal and log-in data stolen by hackers, according to Risk Based Security. The security vendor said it found the data on a prominent hacking forum — now free for anyone to access, although it had been previously up for sale. It’s associated with […]
The Fort of Cyber Security – What is Malware?
in Cyber Security, IT TipsThe existence of Malware is to cause chaos, don’t invite it into your Business What exactly is Malware? Malware is a contraction of malicious software. The pieces of software that are specifically designed with the intent of causing damage to devices, the aim of stealing private data or to simply cause destruction and chaos. Often […]
Remote Workers Failing on Password Security
in Cyber Security, IT TipsRemote workers may be exposing their personal and business accounts to the risk of takeover because of poor password security, according to new studies released on World Password Day. The annual event exists to remind users of the importance of using strong, unique credentials – ideally in combination with multi-factor authentication (MFA) – and storing them […]
Public Sector Ransomware Attacks Rage On
in Cyber Security, IT TipsTo pay or not to pay continues to be the question as ransomware targets cities, even amid COVID-19. To pay or not to pay? That is the question many public-sector organizations must grapple with when faced with a complex ransomware attack – even while the COVID-19 pandemic rages on around them. Ransomware attacks to municipal, […]