The Rising Threat of Cybersecurity Breaches: Analyzing Latitude Financial’s AU$76 Million Losses
Cybercrime Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs The Impact of the Cyberattack Australian financial services company, Latitude Financial, recently reported that a cyberattack earlier this year has cost the company AU$76 million (roughly US$50 million) in pre-tax costs and provisions. This attack was carried out by a ransomware group and exposed information…