Cybersecurity

Cyberattack Hits Maldives Government: Websites Recover Amid Diplomatic Tensions

Over the weekend, the Maldives faced a cyberattack, resulting in the temporary unavailability of the official websites of the President’s office, Foreign Ministry, and Tourism Ministry. Users attempting to access these sites encountered disruptions for several hours on Saturday night. The cyberattack on Maldives government websites has been rumored to be related to a recent […]

Cybersecurity

Global Economy Could Lose $3.5trn in Systemic Cyber-Attack

Insurance giant Lloyd’s of London has published a systemic risk scenario of a cyber-attack resulting in global economic losses of $3.5trn. The scenario involves “a hypothetical but plausible” cyber-attack on a major financial services payment system, leading to widespread disruption to global businesses. Working with the Cambridge Centre for Risk Studies, the research explored nine […]