Sentences with phrase «cybercrime incident»

Many cryptocurrency enthusiasts recall the month of June 2016 as the month of the first major cybercrime incident on Ethereum.

A cybercrime incident such as a malware infection or the hacking of firm systems could result in the destruction or loss of firm data.

Not exact matches

This incident, now one of the biggest cybercrimes the world has seen, highlighted vulnerabilities in the payment network within the global financial system, and led to more rigorous security measures and guidelines from central banks worldwide.

The governor stated that while the apex bank and banking operators had made efforts to reduce the incidents of fraud and ensure consumer confidence in the payment system, the Cybercrime Act, if effectively enforced, would serve as a deterrent and constant reminder to those who might wish to engage in illicit activities targeting the financial technology infrastructure.

Protecting New Yorkers from Cyber Attacks: - Cuomo proposes strengthening cybercrime and identity theft laws - Cuomo wants to «establish a Cyber Incident Response Team within the office of Counter Terrorism.»

Many companies remember to protect their physical property, but neglect to consider fraud, cybercrime, data loss and other technical incidents which can prove costly to a company's financial well - being.

In the Global Economic Crime Survey 2016 Report, cybercrime climbs to the second most reported economic crime affecting 32 % of organisations, while at the same time close to 60 % of the surveyed organisations do not even have a cyber incident response plan in place.