Danish company Demant expects to suffer huge losses due to cyber attack
Danish hearing health care company Demant has estimated it will lose between $80 and $95 million due to a recent “cyber-crime” attack. Though the company has yet …
How fraud prevention tech can save banks €10M a year
A typical European bank, serving 10 million customers, could save up to €10 million annually and avoid growing fines by the regulator by implementing technology to improve the …
When will the GDPR pot boil over? It’s sooner (and different) than you think
There’s an old saying that a watched pot never boils. In reality, the sauce in that pot is heating up in a way we can’t quite see yet. After the major compliance ramp by …
Adoption of NAS solutions projected to rise steadily in the near future
The global network attached storage (NAS) market is anticipated to experience lucrative growth in the ensuing years. The increasing popularity of NAS devices among small …
European Central Bank shuts down website following hack, data theft
The European Central Bank (ECB) confirmed on Thursday that its Banks’ Integrated Reporting Dictionary (BIRD) website has been compromised by attackers and taken down until the …
British Airways is facing £183 million fine for 2018 data breach
The UK Information Commissioner’s Office (ICO) wants British Airways to pay a £183.39 million (nearly $230 million) fine for failing to protect personal and financial …
Where are organizations stalling with cybersecurity best practices?
UK organizations are failing to make progress towards strong cybersecurity and are facing paralysis as cybercriminals become more advanced, according to NTT Security. …
Eurofins ransomware attack affected UK police work
Eurofins, a global provider of scientific testing services, said on Monday that operations are returning to normal after the recent ransomware attack, but that its impact on …
One year of GDPR application: Europeans well aware of their digital rights
Europeans are relatively well aware of the new data protection rules, their rights and the existence of national data protection authorities, to whom they can turn for help …
Ransomware disrupts worldwide production for Belgian aircraft parts maker
ASCO Industries, a manufacturer of aerospace components with headquarters in Zaventem, Belgium, has been hit with ransomware, which ended up disrupting its production around …
Europe’s online economy risks losing €57 billion as SCA is enforced
Europe stands to lose €57 billion in economic activity in the first 12 months after SCA takes effect, according to a Stripe study conducted by 451 Research. The findings are …
Photos: Infosecurity Europe 2019 expo floor
Infosecurity Europe 2019 is taking place this week in London. Here’s a view of the expo floor, the featured vendors include: Qualys, Anomali, Wandera, Proofpoint, …