Cybercrime has become the world’s third-largest economy after the US and China, driven by the availability of ransomware-as-a-service and malware sold on the dark web.
The insurance firm Zurich has warned that many forms of cyber-attack might become uninsurable. Mario Greco, Zurich’s chief executive,
In 2022, the consequences of the Ukraine-Russia war dominated cybersecurity news. There were attacks on critical infrastructure and corporations, leading to higher energy prices,
In early December, American cloud computing provider Rackspace suffered a security incident due to a ransomware attack. The breach directly affected the company’s hosted Microsoft Exchange email service,
Recent security incidents, such as the Microsoft Exchange zero-day exploit of Rackspace servers, have put Microsoft’s security efforts into focus.
One of the UK’s most prestigious newspapers has spent weeks trying to recover from a major security incident. Security staff at the Guardian newspaper have been working since mid-December when the breach was found.