Fed chair says cyberattacks main risk to US economy

Credit to Author: Agence France-Presse| Date: Mon, 12 Apr 2021 04:58:28 +0000

WASHINGTON, D.C.: Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of 2008. The risks of a 2008-like crisis with a need for government bailouts of banks were “very, very low,” the head of the US central bank said during an […]

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Cyberattacks On Hospitals & More Are Adding To 2020 Chaos

Credit to Author: Johnna Crider| Date: Fri, 30 Oct 2020 22:37:32 +0000

2020 is not over. The latest news is that there have been cyberattacks on computer systems at some US hospitals. Aside from the clear concerns about healthcare for those in the hospital, this and other recent cyberattacks have raised concerns about broader societal disruption as Election Day approaches

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There Was An Attempted Cybersecurity Attack On Tesla — Fortunately, It Was Thwarted

Credit to Author: Johnna Crider| Date: Fri, 28 Aug 2020 05:54:29 +0000

I’m going to start this article with a disclaimer: I am a huge Tesla fan, still have some fractional shares in the company, and believe in its mission. I believe in Elon Musk and love what he stands for. With that said, I’m ecstatic to know that before the news of this cybersecurity attack on Tesla broke, the culprit was caught and no damage to the company was done. 

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Put anti-SMS cyberattack measures in place, banks told

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 21 Aug 2020 16:15:52 +0000

The Bangko Sentral ng Pilipinas (BSP) on Friday advised banks and other financial institutions under its supervision to implement measures to prevent short message service (SMS)-based cyberattacks on their stakeholders. In a memorandum, BSP Deputy Governor Chuchi Fonacier said cyberthreat actors remained relentless in harming BSP-supervised financial institutions (BSFIs) and their clients as the industry […]

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NATO warns Russia of ‘full range’ of responses to cyberattack

Credit to Author: kadraneda| Date: Thu, 23 May 2019 12:16:11 +0000

NATO warns Russia of 'full range' of responses to cyberattack

The head of NATO told Russia and other potential foes Thursday that the Western military alliance was ready to use all means at its disposal to respond to cyberattacks.

The post NATO warns Russia of ‘full range’ of responses to cyberattack appeared first on Inquirer News.

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