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Financial Losses Due To Cybercrime Up 66% In First Quarter

CERT NZ has seen report numbers, in the first quarter of this year, creep back up from the last quarter of 2022. And unfortunately, so has financial loss. Reports are up 12% from last quarter and financial losses are up 66% to almost $6 million. .

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Financial losses due to cybercrime up 66% in first quarter of 2023 - CERT NZ

Financial losses due to cybercrime up 66% in first quarter of 2023 - CERT NZ
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Business Scoop » Financial Losses Due To Cybercrime Up 66% In First Quarter

Business Scoop provides news and views on Business and Markets from New Zealand

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$590 million in ransomware payments reported to US in 2021 as attacks surge

Latest figure beat totals for the previous decade as cyber-extortion booms

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Ireland shuts down health IT system after ransomware attack

Dublin: Ireland’s health authority said Friday it had shut down its computer systems after experiencing a “significant ransomware attack”. “We have taken the precaution of shutting down all our IT systems in order to protect them from this attack and to allow us (to) fully assess the situation with our own security partners,” the Health Service Executive said on Twitter. “We apologise for inconvenience caused to patients and to the public and will give further information as it becomes available,” it added, stressing Ireland’s coronavirus vaccination programme was unaffected and “going ahead as planned”. Another ransomware attack last Friday forced the shutdown of the United States’ largest fuel pipeline network, leading to some panic buying at gasoline stations along the east coast.

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