FedEx Files 10-K with Additional Disclosure on Cyber-Attack Affecting TNT Express Systems

FedEx Corp. (NYSE: FDX) (“FedEx”) filed its annual report on Form 10-K for fiscal year 2017 with the Securities and Exchange Commission. The filing includes additional information regarding the June 2017 cyber-attack on the worldwide information systems of TNT Express B.V. (“TNT”), the international express transportation, small-package ground delivery and…

Extreme Cyber-Attack Could Cost As Much As Superstorm Sandy

The report, “Counting the cost: Cyber exposure decoded”, reveals the potential economic impact of two scenarios: a malicious hack that takes down a cloud service provider with estimated losses of $53 billion, and attacks on computer operating systems run by a large number of businesses around the world which could…

Arbor Networks Uncovers Multi-Stage Attack Campaign Targeting Asian Governments and NGOs

Arbor Networks Inc., the security division of NETSCOUT (NASDAQ: NTCT), today released a new ASERT Threat Intelligence Report detailing an attack campaign involving various government websites and non-governmental organizations. This threat campaign involves a newly-discovered Remote Access Trojan (RAT) named ‘Trochilus.’ Believed to be driven by East Asian threat actors,…

UK Businesses Could Spend £1.2 Million Recovering From A Cyber Security Breach

While nearly half (48%) of UK business decision makers say information security is ‘vital’ to their organisation and just half agree it is ‘good practice’, a fifth admit that poor information security is the ‘single greatest risk’ to the business, ahead of ‘decreasing profits’ (12%), ‘competitors taking market share’ (11%)…

CHA Hollywood Presbyterian Medical Center Restores EMR System Following Cyber Incident

CHA Hollywood Presbyterian Medical Center (HPMC) brought its EMR system back online February 15 2016 after being subject to malware that temporarily locked access to certain systems and prevented the hospital from sharing communications electronically. According to a press release patient care has not been compromised during the incident.
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