EU mulls wider scope for cybersecurity certification scheme
By Foo Yun Chee BRUSSELS (Reuters) - The European Union is considering broadening the scope of proposed cybersecurity labelling rules that would affect not just Amazon, Alphabet's Google and Microsoft but also banks and airlines, according to the latest draft of
North American grid regulator tests physical, cyber security preparedness
By Deep Vakil (Reuters) - The North American Electric Reliability Corp (NERC) said on Thursday it has concluded a two-day simulation with power sector entities to stress-test their emergency response and recovery plans for physical and cyber security attacks. Plots against power
Fortinet, rivals fall on concerns around cybersecurity spending
By Samrhitha A (Reuters) - Fortinet sank nearly 18% and sparked a selloff in cybersecurity stocks with a dismal forecast that compounded fears of slowing client spending in an uncertain economy. The current losses, if they hold, were set to wipe out
Siemens, Ericsson warn EU cybersecurity rules may disrupt supply chains
By Foo Yun Chee BRUSSELS (Reuters) - Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar
4 best cybersecurity courses for beginners
In today's environment with a multitude of online cybersecurity courses, sorting through the best selections can be quite a challenging endeavour. Entering the realm of cybersecurity can feel daunting, particularly for newcomers embarking on their journey. As you commence this adventure,
Boeing says ‘cyber incident’ hit parts business after ransom threat
By Valerie Insinna and Zeba Siddiqui WASHINGTON (Reuters) - Boeing, one of the world's largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a
Generative AI, a new threat to cybersecurity
ChatGPT, Deepfakes, and more sophisticated phishing scams are the biggest dangers for companies, which must learn to master AI to defeat it. With ChatGPT4, the world has discovered the potential of generative artificial intelligence, a technology destined to change the tech sector and
Major cyber attack could cost the world $3.5 trillion -Lloyd’s of London
By Carolyn Cohn LONDON (Reuters) - A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloyd's of London said on Wednesday. The
Top 5 high-profile company data breaches in 2023
The speed at which big or small businesses encounter data breaches is alarming. In 2023, many high-profile companies have fallen victim to hacking. Recent major cyberattacks have affected healthcare, finance, retail, government, manufacturing, and energy industries, and this is clear evidence