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In another major incident in 2018, cash was taken from ATMs in 23 separate countries. To date, the Lazarus FASTCash operation is estimated to have stolen tens of millions of dollars.

According to Verisign Distributed Denial of Service Trends of January – March, Q1 2018, the number of attacks has increased 53% when compared to Q4 2017

Top 34 global technology and securities firms, led by Microsoft and Facebook, have signed a “Cybersecurity Tech Accord” to defend people from malicious attacks by cybercriminals and nation-states.

Verisign observed a 25 percent decrease in the number of DDoS attacks in Q4 2017 compared to Q3 2017 and an 850 percent increase in the average of attack peak sizes.

Fortinet claimed that an average of 274 exploit per firm were detected, which is a significant increase of 82 per cent over the previous quarter.

When comparing Q3 2017 to Q2 2017, Verisign saw a 17 percent decrease in the number of attacks, and a 70 percent decrease in the peak size of the average attack

Cybersecurity firm says that it has detected an exponential rise in bot attacks in 2017 with more than half of the attacks happened through command injection and 90% of all the attacks were from bots.

The National Informatics Centre (NIC) has launched a NIC-CERT, which it says will work to prevent and predict cyber attacks on government utilities

Taiwanese firm Synology that specialises in network-attached storage (NAS) appliances solutions launched its latest high-density storage server, the HD6500, capable of accommodating up to 4.8 petabytes.

As cyber threats become more complex and scaled, AI's role in bolstering defences will grow, ensuring a safer digital future for both organisations and individuals.