Almost 40% of businesses lose over $100,000 per cyberattack

37% of companies lose over $100,000 per cyberattack. 24% of businesses lost between $50,000 and $99,999. Cybercriminals stole between $500,000 and $999,999 from 11% of businesses. Nearly one-third (31%) of businesses experienced disruption of partner and customer operations and theft of financial information. Successful cyberattacks can cause significant financial losses and harm to businesses. According…

Trojans targeting mobile banking reached all-time high first half of 2022

The majority of the population in developed countries has integrated mobile banking into their everyday lives surprisingly quickly and seamlessly.   The adoption of mobile banking was successful because financial institutions and fintechs ensured that the applications were user-friendly, convenient, and extremely secure.   However, since financial gains from finding loopholes in mobile banking applications…

GDPR fines hit nearly €100 million in H1 2022

An analysis by Atlas VPN reveals that GDPR fines hit a total of €97.29 million in the first half of 2022, an increase of 92% over H1 2021.   The data for the analysis is extracted from Enforcementtracker. Companies and individuals were charged a total of €50.6 million in GDPR penalties in H1 2021. On the other hand,…