Cyber attacks

Pierluigi Paganini December 28, 2022
Zurich chief warned that cyber attacks will become uninsurable

The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.” The attacks are becoming even more frequent and the damage they are causing continues to grow. “What will become uninsurable […]

Pierluigi Paganini September 26, 2022
Russia prepares massive cyberattacks on the critical infrastructure of Ukraine and its allies

The Ukrainian military intelligence warns that Russia is planning to escalate cyberattacks targeting Ukraine and Western allies. The Main Directorate of Intelligence of the Ministry of Defence of Ukraine (HUR MO) warns that Russia is planning to escalate cyberattacks targeting the critical infrastructure of Ukraine and western countries. According to the Ukrainian military intelligence service, […]

Pierluigi Paganini January 03, 2022
The worst cyber attacks of 2021

Which are the cyber attacks of 2021 that had the major impact on organizations worldwide in terms of financial losses and disruption of the operations? CNA Financial (March 2021) – CNA Financial, one of the largest insurance companies in the US, reportedly paid a $40 million ransom to restore access to its files following a […]

Pierluigi Paganini August 06, 2018
Dept. of Energy announced the Liberty Eclipse exercise to test electrical grid against cyber attacks

DoE announced the Liberty Eclipse exercise to test the electrical grid ‘s ability to recover from a blackout caused by cyberattacks. This is the first time the Department of Energy will test the electrical grid’s ability to recover from a blackout caused by cyberattacks. We have discussed many times the effects of a cyber attack […]

Pierluigi Paganini February 18, 2018
Germany’s defense minister: Cyber security is going to be the main focus of this decade.

On Saturday, Germany defense minister Ursula von der Leyen told CNBC that cyber attacks are the greatest challenge threatening global stability. The cybersecurity is a pillar of modern states, the string of recent massive attacks including NotPetya and WannaCry is the demonstration that we are all potential targets. Cyber attacks could hit governments, private companies and citizens in every […]

Pierluigi Paganini August 19, 2017
US military is working on the creation of separate unified cyber warfare command

President Donald Trump ordered the US Military to create a separate cyber warfare command tasked with cyber warfare operations. President Donald Trump wants to improve cyber capabilities of the US Military, he ordered it to create a separate cyber warfare command tasked with cyber warfare operations. President is thinking of a separate command specialized on […]

Pierluigi Paganini June 19, 2017
Canada’ CSE warns of cyber attacks against next 2019 Election

The Canada Communications Security Establishment (CSE) published a report that reveals that hackers will attempt to hack into 2019 country’s Election. The Canada Communications Security Establishment (CSE) published a report that reveals that cyber criminals and hacktivists had leaked sensitive government documents, and attempted to hack into 2015 country’s Election. The hackers targeted candidates and […]

Pierluigi Paganini January 09, 2017
Recent power outages in Turkey were also caused by cyber attacks

Turkish Energy Minister Berat Albayrak believes that power outages in Istanbul and other areas in Turkey have also been caused by cyber attacks. According to Turkish Energy Minister Berat Albayrak, Istanbul and other areas in Turkey have been experiencing power outages since last week. The power outages were caused by sabotage of underground powerlines and cyberattacks originating in […]

Pierluigi Paganini April 20, 2016
MIT designed AI2, the system that can detect 85% of Cyber Attacks

Security researchers at the MIT designed an Artificial Intelligence system called AI2 that is able to detect 85 percent of attacks. While the number of cyber attacks continues to increase it is becoming even more difficult to detect and mitigate them in order to avoid serious consequences. A group of researchers at MIT’s Computer Science […]

Pierluigi Paganini September 27, 2015
Cyber attack overall cost suffered last year by businesses is $315b

A recent survey conducted by Grant Thornton global revealed that one in six businesses have experienced a cyber attack in the past twelve months. It is always interesting to report findings of studies related to the impact of the cybercrime worldwide, today I want to present you the results of the research conducted by the […]