UK-listed oil and gas firm Zephyr Energy plc has confirmed it fell victim to a cyberattack that resulted in the loss of approximately £700,000 (nearly $1 million), after attackers successfully diverted a contractor payment into a fraudulent account. The company disclosed the incident on April 9, revealing that one ofContinue Reading
Global cybercrime has reached unprecedented levels, with estimated damages now totaling a staggering $10.5 trillion annually, an economic impact that surpasses the GDP of every country except the United States and China. The figures highlight the growing scale and sophistication of digital threats facing governments, businesses, and individuals across theContinue Reading
Hackers stole 92 gigabytes of sensitive data from the EU’s executive body and published it on the dark web, in one of the worst breaches ever to hit a major European institution. The European Commission confirmed this week that a sophisticated cyberattack breached its cloud infrastructure, exposing data belonging toContinue Reading
