Iran’s Digital Economy Faces Major Setback Due to Internet Shutdowns The recent internet shutdown in Iran has dealt a significant blow to the country’s digital economy. The outage, reminiscent of war-era restrictions, has caused widespread disruption to the daily operations of businesses and individuals who rely on a stable internet connection to carry out their […]
Cyberattacks drain millions from hospitality sector
Cyberattacks Drain Millions from Hospitality Sector The hospitality sector has long been a target for cybercriminals due to its complex hotel networks and high staff turnover rates. With the rise of digitalization in the industry, hotels have become more vulnerable to cyber threats, leading to significant financial losses. In order to combat this growing issue, […]
Lawsuits pressure Strategy over Bitcoin losses
Lawsuits Pressure Strategy Over Bitcoin Losses Strategy, a prominent player in the world of cryptocurrency investments, is currently facing a significant legal battle. The company has been hit with not just one, but two lawsuits that allege top executives misled investors and gained from undisclosed accounting alterations. These allegations have sent shockwaves through the industry […]
M&S resumes online orders after cyberattack
M&S Resumes Online Orders After Cyberattack In the fast-paced world of e-commerce, cyberattacks have become an unfortunate reality that businesses must constantly guard against. Recently, retail giant M&S fell victim to such an attack, which not only disrupted its online operations but also resulted in a staggering loss of up to £300 million in potential […]
Saks Bond Suffers $1 Billion Loss Before a Single Payment Is Made
Saks Bond Suffers $1 Billion Loss Before a Single Payment Is Made Saks Global, a prominent player in the retail industry, has recently made headlines due to its staggering $1 billion loss before a single payment on its bonds is even made. This unexpected turn of events has sent shockwaves through the financial world, leaving […]
LockBit ransomware hacked, data on affiliates leaked
Law enforcement may benefit from ransomware group data leak The recent hack of LockBit ransomware has sent shockwaves through the cybersecurity world, as sensitive data on affiliates has been leaked. This breach not only poses a significant threat to businesses and individuals but also presents a unique opportunity for law enforcement agencies to gain valuable […]
Metro Bank teams up with Ask Silver to fight fraud
Metro Bank Teams Up with Ask Silver to Fight Fraud As the digital landscape continues to evolve, so do the tactics of fraudsters looking to exploit unsuspecting individuals and businesses. In a strategic move to combat this rising threat, Metro Bank has recently announced a groundbreaking partnership with Ask Silver, an AI-driven platform renowned for […]
Shareholders’ lawsuit against Amazon rejected with prejudice
Shareholders’ Lawsuit Against Amazon Rejected with Prejudice In a recent legal battle, a shareholders’ lawsuit against tech giant Amazon has been dismissed with prejudice. The lawsuit, which encompassed Amazon shareholders between 2019 and 2022, alleged that the company had misrepresented its operations, leading to financial losses for investors. However, the court’s decision to reject the […]