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cyberattack Tag

Security Magazine

Tips small businesses can use to strengthen their cyber health

Reading Time: 4 minutes  |  Published: March 15, 2021 in Industry News

While cyberattacks targeting large corporations or government agencies tend to make splashy headlines, the truth is that many attackers are shifting their priorities to focus on small businesses. Unfortunately, these smaller businesses generally lack the resources and security capabilities of larger organizations. In fact, 83%...

Cyber-attack cost Merck $135m in lost sales

Reading Time: < 1 minute  |  Published: October 27, 2017 in Industry News

Pharmaceutical giant Merck & Co says a recent cyber-attack resulted in production shutdowns and cost it around $135m in lost revenue. Merck – known as MSD outside North America – said the attack had a particular impact on its ability to supply its human papillomavirus (HPV)...

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NotPetya Attack Costs Big Companies Millions

Reading Time: < 1 minute  |  Published: August 18, 2017 in Industry News

Some of the big companies hit by the NotPetya malware in late June have reported losing hundreds of millions of dollars due to the cyberattack. The NotPetya malware outbreak affected tens of thousands of systems in more than 65 countries, including ones belonging to major organizations...