Cyber security awareness is an everyday job, and it’s easy to fall into a false sense of security once you have a solid plan in place. Every year, statistics are a reminder that hackers and scammers never sleep. New trends and attack types pop up daily, making it difficult to keep track. This list is a rundown of the most important statistics of the year, allowing you to get a good overview of...

This financial sector’s reliance on computer systems and network has made it an attractive target for cyber attacks, now the biggest risk to the UK financial system. In its latest Financial Stability Report , the Bank of England (BoE) agrees that cyber threats may be prevalent in 2023. The BoE said that it is working to strengthen defenses against cyber attacks. The report identified three...

On September 15, the Hive ransomware group claimed to have launched an attack against Bell Technology Solutions on August 20, 2022. The compromised information contained approximately 1.9 million active email addresses, 1,700 names, and active phone numbers. Bell Technology Solutions is a subsidiary of Bell Canada, a leading communications company and communications provider for over 140 years...

Security awareness training for financial services and bank employees must be a top priority. While financial services institutions have long been prime targets for cybercriminals, as most attacks are financially motivated, the shift to remote work business models and operations has heightened cyber security risk levels. Recent data reinforces why financial services CISOs and security leaders need...