The City of New Orleans, La. says the recent cyber attack on its networks will cost more than seven million dollars.

In the month of September, there was a 40-percent increase in total cyberattacks compared to August, returning to July levels, according to a Contrast Labs September 2019 AppSec Intelligence Report.

A Chicago-based futures brokerage will pay $1.5 million for letting cyber criminals breach the firm’s email systems and withdraw $1 million from a customer’s account.

State Farm, the insurance provider in the US, has been compromised in a credential stuffing attack, according to a news report. 

Small businesses are collectively subject to almost 10,000 cyber attacks a day, according to new findings from the Federation of Small Businesses (FSB).

Sixty-one percent of firms suffered a cyber attack in the past year, compared to 41 percent the year prior. The median cost for losses associated with cyber incidents shot up from $229,000 to $369,000, says a 2019 Hiscox cyber Reading Readiness Report. 

A major European, cross-border cybersecurity attack will be simulated on the financial sector next month, according to a news report. 

According to the 2018 Norton LifeLock Cyber Safety Insights Report, nearly three out of four Americans (72 percent) are more alarmed than ever about their privacy.