Security Articles
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Ransomware on the rise: what were the biggest cyber attacks of 2017?
Posted by SGCS Admin, 06-12-2017In 2015, the global damage costs because of various ransomware attacks stood at $325 million. By the end of 2017, they are predicted to exceed $5 billion. Ransomware attacks are growing at a yearly ra...
Cyberattack temporarily hits bitcoin exchange Bitfinex
Posted by SGCS Admin, 05-12-2017Bitcoin briefly fell below $11,000 Monday as one of the world's largest digital currency exchanges reported a temporary outage due to a cyberattack. Bitfinex tweeted at 7:39 a.m. ET that " Pl...
Failing to prepare effectively for cyber attacks
Posted by SGCS Admin, 04-12-2017Businesses in places including the island, are still struggling to comprehend and manage emerging cyber risks, it has been claimed. Steve Billinghurst, cyber security leader at PwC Isle of Ma...
Calling All Online Retailers: Don't Fall Victim to a DDoS Attack This Year
Posted by Song Tang Yih, 01-12-2017On 11 November 2017, Alibaba’s Singles’ Day sales hit a new record high with a 39% increase from last year’s sales1. The company’s 2017 profits broke world records of Black Fri...
The Truth About Machine Learning In Cybersecurity: Defense
Posted by SGCS Admin, 01-12-2017A considerable number of articles cover machine learning and its ability to protect us from cyberattacks. Still, it's important to separate the hype from the reality and see what exactly machine learn...
Apple Releases Fix to Security Flaw in Mac Operating System
Posted by SGCS Admin, 01-12-2017Apple Inc. released an update to its latest operating system for Mac computers and said it’s changing development practices after a significant security flaw was disclosed Tuesday that allowed p...