malware Archives - CFO

Sunburst Hack Costs SolarWinds At Least $18M

Sunburst Hack Costs SolarWinds At Least $18M

The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.

By Matthew Heller | April 14, 2021

Cyber Breach Disclosures Still Take More Than a Month

Cyber Breach Disclosures Still Take More Than a Month

At the median, public companies took 37 days last year to disclose a breach, the longest period recorded since 2016, says Audit Analytics.

By Vincent Ryan | April 9, 2021

Russia Hack Targeted Specific Microsoft Customers

Russia Hack Targeted Specific Microsoft Customers

The company says the hackers' malware attack enabled them to select more than 40 customers for "narrower and more focused" measures.

By Matthew Heller | December 18, 2020

Chinese Nationals Charged With Hacking Attacks

Chinese Nationals Charged With Hacking Attacks

“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."

By Matthew Heller | September 17, 2020

Travelex Services Shut Down by Malware Attack

Travelex Services Shut Down by Malware Attack

The international foreign currency exchange took systems offline “as a precautionary measure in order to protect data.”

By Lauren Muskett | January 3, 2020

Microsoft Finds Four Security Flaws in Windows 10

Microsoft Finds Four Security Flaws in Windows 10

If exploited, the flaws can be used to launch a computer worm to attack vulnerable machines.

By Lauren Muskett | August 15, 2019

CCH Tax Software Outage Leaves Accountants in Limbo

CCH Tax Software Outage Leaves Accountants in Limbo

A malware attack knocked out parts of the popular cloud-based tax preparation software from Wolters Kluwer for several days.

By Vincent Ryan | May 10, 2019

Prepare Now for Next-Generation Cyber Threats

Prepare Now for Next-Generation Cyber Threats

A soon-coming world that's almost entirely digitized and connected will expose companies to vast new cybersecurity risks.

By David McCann | April 2, 2019

Bangladesh Bank Sues Over $101M Cyber Heist

Risk & Compliance

Bangladesh Bank Sues Over $101M Cyber Heist

The bank alleges a Philippine institution conspired with North Korean hackers to make fraudulent transfers from its account at the New York Fed.

By Matthew Heller | February 5, 2019

Small Companies Carry Greatest Cyber-Risk

Small Companies Carry Greatest Cyber-Risk

More than half of top executives at small businesses don't believe their company is a target for cyber-criminals. They're wrong.

By David McCann | August 28, 2018

Cryptocurrency Theft Hits $1.1B in Last 6 Months

Cryptocurrency Theft Hits $1.1B in Last 6 Months

Cyberthieves are taking advantage of malware offered on the dark web to steal digital currency, a new report finds.

By Matthew Heller | June 8, 2018

June Cyberattack Bites Into Nuance Revenues

June Cyberattack Bites Into Nuance Revenues

The NotPetya malware hit Nuance's cloud-based dictation and transcription services for hospitals and health systems, costing it $53 million in Q4 revenue.

By Matthew Heller | December 1, 2017

Malware Bug to Infect Nuance’s Q3 Results

Malware Bug to Infect Nuance’s Q3 Results

The company says the "NotPetya" malware attack caused a loss of healthcare transcription revenues and left it unable to fulfill customer orders.

By Matthew Heller | July 21, 2017

‘Patch Act’ Seeks to Avert WannaCry-like Attacks

‘Patch Act’ Seeks to Avert WannaCry-like Attacks

The bill would make hidden cyber glitches transparent to corporations.

By David Katz | May 22, 2017

Massive Ransomware Wave Hits Banks, Hospitals

Massive Ransomware Wave Hits Banks, Hospitals

“I’ve never seen anything before like this. This is nuts," a security expert says of the WannaCry attacks.

By Matthew Heller | May 12, 2017