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Global losses from cybercrime now total over $1tn, according to a new report released today by McAfee in partnership with the Center for Strategic and International Studies (CSIS). "The Hidden Costs of Cybercrime" concludes that cybercrime costs the world economy more than one percent of global...

Cyber-safety company NortonLifeLock today announced that it will acquire Avira from Investcorp Technology Partners. The all-cash transaction to acquire the company, whose roots go back to 1986, will see roughly $360m change hands. Avira is headquartered on the shores of Lake Constance...

A new report on the cybersecurity of the education sector has found that nearly half of the schools in the United States did not implement new training or tools to protect staff and students during the pandemic. The CTNT report “Lessons learned: How education coped in the shift to distance...

A Russian national has been sentenced to five years after being found guilty by a French court of large-scale money laundering, although charges relating to his alleged involvement in ransomware development were dropped. Alexander Vinnik was extradited at the start of 2020 to France from...

The National Security Agency (NSA) has issued an alert warning that Russian state hackers are exploiting a VMware vulnerability to access sensitive data and maintain persistence in targeted systems. The NSA urged network administrators at the US National Security System (NSS), Department of...

Thales has announced a collaboration with Google Cloud to allow users to securely migrate sensitive data between public cloud, hybrid and private IT infrastructures. The joint innovation will allow the two companies to offer new capabilities which will enable security teams to own and control...

Former National Cyber Security Centre (NCSC) CEO Ciaran Martin has joined the board of the Scottish Business Resilience Centre (SBRC) to strengthen its strategic cyber-relationships across the UK. Martin was the first CEO of the GCHQ spinout and held the position from 2017 until he stepped down...

Security experts have warned victims of sophisticated cyber-attacks not to think of intrusions as a one-off event, as a majority of organizations end up getting hit again within the year. CrowdStrike compiled an analysis of its own incident response and managed services engagements in 2020, to...

Around one in five (19%) items listed on UK online marketplaces over Black Friday and Cyber Monday this year showed signs of being fraudulent or dangerous, according to an analysis by Besedo. In total, the investigation of around 3000 public listings in the month of November found that 15% of...

Cloud security provider Orca Security has announced a $55m Series B fund round led by ICONIQ Growth with participation from previous investors GGV Capital, YL Ventures and Silicon Valley CISO Investments. The funding will see the firm expand its cloud security and compliance capabilities, with...

The United States Department of Justice has brought charges against the alleged operator of a puppy scam website that defrauded American consumers. A criminal complaint was unsealed on December 4 in federal court in Pittsburgh charging Desmond Fodje Bobga with conspiracy to commit wire fraud...

An American healthcare provider is proposing to resolve a lawsuit filed on behalf of victims of a 2019 data breach with a $4.2m settlement. Kalispell Regional Healthcare, based in Montana, announced in October last year that a data breach had occurred. Approximately 130,000 patients had their...

Legislation to enhance federal criminal penalties for adults convicted of cyber-stalking children has been passed to America's President Donald Trump for signature. The Combat Online Predators Act seeks to amend the federal criminal code to increase the maximum prison term for a stalking...

A cyber-stalker from Arizona who joined up with a neo-Nazi group to harass and threaten journalists, advocates, and other targets has been sentenced to prison. Johnny Roman Garza admitted to conspiring with other members of the Atomwaffen Division to deliver menacing messages to journalists...

The company at the center of revelations over a widespread Russian information-stealing campaign has said that fewer than 18,000 of its global customers were affected. SolarWinds produces popular software that helps organizations manage their IT networks and infrastructure. However, it was...

The UK government will introduce an Online Safety Bill next year which could result in fines higher than the GDPR for companies that allow illegal content to be posted on their platforms. The plans are nominally aimed at protecting children online by banning things like terrorist content, child...

Spotify has been forced to issue a password reset for users after admitting that their information was exposed to some of the firm’s third-party business partners. The music streaming giant said in a customer data breach notification sent to the California attorney general that the privacy...

Current and likely future cyber-attack trends were highlighted by Sarah Armstrong-Smith, chief security advisor, Microsoft Cybersecurity Solutions Group (UK) during the BankSec 2020 virtual conference. Through its analysis, Microsoft found that phishing and business email compromise (BEC)...

Government agencies have issued warnings about the fresh spate of attacks, apparently from nation-state actors against major security vendors. Last week FireEye disclosed that it had spotted an attack from nation state actors looking for data on government clients, where attackers were able to...

Over 45 million medical imaging files are freely accessible on unprotected servers, according to a new investigation by CybelAngel. The researchers discovered that a huge range of sensitive medical images, including X-rays and CT scans, can be accessed without the requirement for a username...