cyber attack News

U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and …

Insurance Broker Gallagher Reports Ransomware Attack

Insurance broker Arthur J. Gallagher & Co. and its claims unit, Gallagher Bassett, reported that a ransomware incident that happened on Saturday, Sept. 26 limited some of its internal systems. In a filing with the Securities and Exchange Commission (SEC), …

Start of School in Hartford Delayed by Ransomware Attack

One the worst cyberattacks yet against Connecticut’s capital city forced officials to postpone the first day of school Tuesday, disrupting the day for thousands of families as city computer experts rushed to restore systems vital for school operations. Hartford Mayor …

Cyber Attacks Are Seen Pushing Up Risk Premiums for Stocks

U.S. equity investors are demanding higher risk premiums to compensate for rising cyber threats as the coronavirus pandemic pushes more businesses to move online. That’s according to researchers at Michigan State University who found that funds adjust their positions according …

New Zealand’s Stock Exchange Resumes Trading After Cyber Attacks

New Zealand’s stock exchange resumed trading on Friday, after facing disruptions for four consecutive days in the wake of cyber attacks this week, while the government said national security systems had been activated to support the bourse. There is no …

FBI Thwarts Cyber Attack on Tesla Factory

Elon Musk said on Thursday that Tesla Inc.’s factory in Nevada was a target of a “serious” cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal Bureau of Investigation (FBI) thwart the attack. …

Pandemic-Afflicted Cruise Operator Carnival Hit by Ransomware

Cruise operator Carnival Corp. said on Monday it launched an investigation into a ransomware attack on one of its brand’s information technology systems. Carnival, which operates AIDA, Carnival and Princess cruises among others, in a regulatory filing said the attack …

Reuters: Google Chrome Users Targeted in Major Spyware Campaign

A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google’s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry’s failure to protect browsers as they are used more for email, …

U.S. Warns Partners, Industrial Firms About Russian Hacking Operation

The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial firms to manage computer infrastructure. “This is a …

Show Them the Money: Cyber Attackers Desire Financial Gain More Than Espionage

Money trumped spying as the top motivator for data breaches last year, according to Verizon’s annual report on cyber crimes published on Tuesday. About nine out of 10 breaches were financially motivated, based on an examination of more than 32,000 …