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Home » cyber attack losses

Articles Tagged with ''cyber attack losses''

Bot attacks cost fraud prevention security professionals a lot of money

One in four enterprises say a single bot attack has cost them $500,000 or more in the past year

November 5, 2020
Estimated at 40% of all internet traffic, bots perform a variety of both critical and criminal operations. The sophistication of emerging bots is creating problems for traditional detection tools.
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Ransomware, Cybersecurity

The Ransomware Dilemma: Is Paying Up a Good Idea?

Sanjay Katkar
September 10, 2016

When it's a choice between maintaining critical, life-saving services or refusing to give in to cyber criminals, healthcare providers face a high-risk, controversial decision when it comes to ransomware demands.


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Cyber Attack Derails Online Australian Census

August 10, 2016

Australia launched its first online census this week, but after multiple denial-of-service attacks, it was quickly forced to shut down.


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IT Outages, Cyber Attacks Top List of Business Continuity Fears

March 17, 2014

Three-quarters of business continuity managers fear the possibility of an unplanned IT and telecoms outage, and 73 percent worry about the possibility of a cyber attack or data breach, according to the annual Business Continuity Institute (BCI) Horizon Scan.


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How Cyber Insurance Can Guard Enterprises Against Class Action Lawsuits

November 18, 2013

The legal consequences of cyberattacks, such as class-action lawsuits on behalf of victim third-parties, are a growing worry of business owners, and businesses without cyber insurance are vulnerable to cybercrime and any consequential litigation, according to Solace Insurance.


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Study: $100 Billion Lost Annually to Cyber Attacks

July 22, 2013

As many as 508,000 U.S. jobs may have been lost as a result of cybercrime, as well as $100 billion in losses, a new report says. 


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