U.S. crypto firm Nomad announced on Twitter that it is offering hackers up to 10% bounty to retrieve user funds after losing US$190 million in a massive hacking attack.

More than half of energy professionals believe cyberattacks on the industry in the near future will result in a loss of life and many companies are not doing enough to protect themselves, according to a recent report.

China denied on Tuesday allegations made by Western powers that Chinese state-backed actors were orchestrating malicious cyber activity, including cyber attacks such as the one against Microsoft that took place in early 2021 and affected a quarter of a million servers worldwide.