Tag ransomware

Major Retail Chains Experience Data Breaches as Cyber Threats Erode Consumer Trust

A significant wave of cyberattacks has recently targeted prominent retail chains, raising alarms over data security and consumer confidence. Notable UK retailers including Marks & Spencer, Harrods, and Co-op have become victims in the latest wave of ransomware and sophisticated phishing campaigns that are proliferating globally. These incidents emerge during…

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Top 10 African Countries with the Highest Number of Compromised Accounts in January 2025

Cybersecurity Breaches Surge Across Africa in Early 2025 In January 2025, numerous African nations faced an alarming rise in cybersecurity breaches, compromising millions of online accounts across the continent. This surge reflects an ongoing struggle with digital security vulnerabilities that many countries are grappling with as they increase their digital…

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Ransomware Comeback: 5 Key Insights from the Healthcare Cybersecurity Battle

The healthcare sector is grappling with an escalating security crisis, as over two-thirds of healthcare organizations reported experiencing ransomware attacks in 2024. In what can only be described as a troubling trend, five of the top ten ransomware incidents last year targeted healthcare facilities, with recovery costs averaging more than…

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PowerSchool Pays Ransom; Hackers Now Target Teachers for Additional Demands

Following a significant data breach, PowerSchool has reportedly paid a ransom, only to find hackers now targeting educational staff and institutions with direct extortion threats. On December 28, 2024, PowerSchool, a prominent player in the education technology sector, suffered one of the largest data breaches in the history of U.S.…

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Rising Cyber Insurance Premiums Amid Increasing Threats in the Retail Sector

As incidents of cyberattacks on UK retailers escalate, insurance providers are reevaluating their approaches to cyber insurance tailored for this sector. The surge in both the frequency and complexity of attacks has led underwriters to consider substantial increases in premiums—potentially by as much as 10 percent—or in some cases, to…

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