Demant, the manufacturer of Oticon hearing aids, has said that it expects losses of up to 650 million kroner (approximately $ 95 million) following a cyber attack earlier this month.
Although it may have cost Texas more to recover from the ransomware attack than paying the ransom, in the long term a refusal to pay extortionists will help to discourage future attacks.
New Cyber Warning: ISIS Or Al-Qaeda Could Attack Using ‘Dirty Bomb’ Forbes
The most serious cyber warfare threats facing the West come from China and Russia, that much is undebatable, with Iran and North Korea a step or two behind.
More than one billion mobile users are at risk from a SIM card flaw being currently exploited by threat actors, researchers warn.
Mobile Security – Threatpost