Financial services firms have been hit with $12bn in losses over the last two decades as a result of cyber attacks, according to a recently published report from the International Monetary Fund (IMF). The data shows little sign that the risk is about to reduce and has led to the IMF to call for greater […]
Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in software or operating systems. Cybercriminals often target organizations with weak cybersecurity measures, outdated software, or inadequate employee training on recognizing and preventing phishing attacks. In […]