Hackers may have conducted trade using stolen information: SEC

Although the SEC had “promptly” patched the vulnerability in its EDGAR system which stores millions of confidential data that companies are required to file to the SEC, the fact that hackers have managed to penetrate its systems, have stoked investor concerns. In a startling development, the U.S. Securities and Exchange Commission (SEC), disclosed that hackers…

Most business underinsured in cyber insurance market

As per Lloyd’s of London report, a hypothetical cyberattack could cause widespread damage ranging from $4.6 billion to $53 billion, with a significant portion of it being unrecoverable due to companies being underinsured. A report filed by Lloyd’s of London states that a major global cyberattack could trigger an average economic loss of $53 billion,…

Hackers gain access to 1.9 million records of Canada’s largest telecommunication company

Known as Bell, to its customers, the company stated the hack isn’t linked to the WannaCry attack. Financial information, including login credentials, weren’t accessed by the hackers. Hackers have managed to breach and access the customer information of 1.9 million customers, including names, e-mail addresses and active phone numbers, of Canada’s largest telecom company BCE…

Cybellum’s researchers find a technique which can turn your AV against you

If you have data on your computer that is important, you need to watch the video mentioned below. It could stave off a ransomware attack. Security researchers from Cybellum have discovered a zero-day attack technique that hackers use to take control of your computer. The 0-day attacked is called DoubleAgent. Developers typically use Microsoft’s Application…