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.

Growing drone use in populated areas poses significant risks that, without additional safeguards, could result in attacks by malicious entities and exploited for use in cyberattacks, terrorism, crime and invasion of privacy, according to a new report.

Many physical security infrastructures were developed and implemented without considering cybersecurity for our IoT driven world. Network and communication protocols for remote control and management had assumed closed, non-public networks. However, these systems evolved to be highly interconnected systems with open, public networks.

nCipher Security announces new research that exposes Americans’ lack of trust about personal data security, their leading concerns in this area and what organizations can do to gain their confidence at a time when breaches and cyberattacks are on the rise. 

A group of the world’s largest international shipping associations have published an update to their cybersecurity guidelines.