by On 9 July 2021, the Swiss price comparison website Comparis revealed that it had been the victim of a ransomeware cyber attack on Wednesday, 7 July 2021. © Chernetskaya | Dreamstime.com According to Comparis, the attack occurred in the morning. Comparis took down several of its sites as a security measure. The attackers demanded money in exchange for decrypting data. Comparis said that based on the information available most of their databases containing customer information were unaffected. The one exception was data held by Credaris, a partner. The company said it had started criminal proceedings against an unknown party and was working closely with Credaris and Zurich Police. Comparis said that it had not paid any ransom money and was in the process of directly
Topics:
Investec considers the following as important: 3) Swiss Markets and News, 3.) Personal Finance, Comparis ransomware, Editor's Choice, Featured, newsletter, Personal finance
This could be interesting, too:
Vibhu Vikramaditya writes Navigating the Slippery Slope: How Hoover’s Interventions Paved the Way for the Great Depression
Ryan McMaken writes Frédéric Bastiat Was a Radical Opponent of War and Militarism
Douglas French writes Millennials: In Costco We Trust
Vasil Georgiev writes Luftfahrtindustrie: Rückblick auf 2023 und Prognose für 2024
On 9 July 2021, the Swiss price comparison website Comparis revealed that it had been the victim of a ransomeware cyber attack on Wednesday, 7 July 2021.
© Chernetskaya | Dreamstime.com
According to Comparis, the attack occurred in the morning. Comparis took down several of its sites as a security measure. The attackers demanded money in exchange for decrypting data.
Comparis said that based on the information available most of their databases containing customer information were unaffected. The one exception was data held by Credaris, a partner.
The company said it had started criminal proceedings against an unknown party and was working closely with Credaris and Zurich Police.
Comparis said that it had not paid any ransom money and was in the process of directly contacting customers who were potentially affected.
The company continues to work with external cybersecurity experts to get its systems up and running again. In the meantime, customer contact online and via email will be limited, warned the company.
You Might Also Like
SNB Sight Deposits: Inflation Fear Decreasing, SNB Selling Euros
2021-07-12
Sight Deposits have fallen: The change is -0.3 bn. compared to last week, this means the SNB is selling euros and dollars.
Swiss social spending up nearly 60 percent in 20 years
2021-07-06
In 1999, social expenditure in Switzerland was CHF 13,370 per resident. By 2019, the same figure had reached CHF 21,300, a rise of nearly 60%. Over the same period, total inflation was around 11%. Applying inflation to CHF 13,370 brings the figure to CHF 14,480. Why has the cost risen beyond this and how has the extra spending been funded?
Swiss Unemployment Continues to Fall in May
2021-06-10
By the end of May 2021, the percentage of Switzerland’s workforce registered as out of work had fallen to 3.1%, down from 3.3% in April 2021. The figures are based on those registered as unemployed at regional employment centres and exclude many of those that have been out of for more than two years and have exhausted their rights to collect unemployment benefits.
Swiss consumer sentiment nearly back to pre-crisis level
2021-05-07
Consumer sentiment among Swiss households is improving, according to Switzerland’s economic affairs office (SECO).
© Rosaria De Marco | Dreamstime.comIn April 2021, the consumer sentiment index climbed back to -7 points after reaching a low of -40 in early 2020. The level of -7 is close to the pre-crisis level of early 2020 and close to its long term average of -5.
The primary reason for the rise in consumer sentiment is a significant improvement in expectations regarding general economic development. This sub-index climbed from -18 points in January to +3 in April, the highest value recorded since autumn 2018, indicating that consumers are expecting the economic recovery to continue over the coming twelve months.
Increasing likelihood of making major purchases has also helped
Swiss upper house votes to raise pension age for women
2021-03-21
As Switzerland’s population ages the number of people paid state pension is rising relative to the number of workers funding it. Since 2014, more has been paid out than has been paid in. The most effective way to fix this imbalance is to raise the pension age. If the average life expectancy of a retiree is 15 years, then raising the pension age by one year will cut the cost by nearly 7%.
Switzerland’s low-income earners hit far harder despite lower Covid-19 infection rates
2021-02-28
The economic impact of the Covid-19 pandemic has hit low-income households far harder than those on high incomes, according to a study published by the KOF Swiss Economic Institute at ETH Zurich.
Switzerland’s record breaking deficit in 2020
2021-02-21
Switzerland’s federal accounts ended 2020 with a record-breaking deficit of CHF 15.8 billion. The deficit was caused by the pandemic.
Poverty in Switzerland: fresh data on those struggling to get by
2021-02-20
In 2019, the poverty line in Switzerland was CHF 27,348 (US$ 30,500) for a single person and CHF 47,712 (US$ 53,200) for a couple with two young children. The figures are calculated by SKOS based on the cost of living in Switzerland. People with incomes below these levels in Switzerland are considered to by living in poverty.
Tags: Comparis ransomware,Editor's Choice,Featured,newsletter,Personal finance