It’s time for CFOs to dump the traditional line-item method to setting cybersecurity spending.
The Russian group REvil has offered to unscramble all computers affected by its massive hack in return for $70 million in cryptocurrency.
The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.
The company says the hackers' malware attack enabled them to select more than 40 customers for "narrower and more focused" measures.
The hackers appear to have used a "supply-chain attack" to breach the computer systems of federal agencies including the Treasury and Commerce departments.
The attack on Universal Health Services left doctors and nurses scrambling to render care, with computers replaced by pen and paper.
The attack on one of the world’s largest aluminum producers sent ripples through the market for the metal.
The crippling attack on Atlanta's network shows that local governments need to “start considering cybersecurity on the same level as public safety.”
To put it bluntly, fake news itself is a form of cyberattack that will only grow significantly in 2018 and beyond.
The NotPetya malware hit Nuance's cloud-based dictation and transcription services for hospitals and health systems, costing it $53 million in Q4 revenue.
The hack may have compromised confidential client data and is “a deep embarrassment for Deloitte," which itself provides cybersecurity services.
The financial messaging system has been beefing up customer security after a recent wave of high-profile cyberattacks.
