Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions March 20, 2019 By Mark Burton and Jonas Cho Walsgard The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become...
Ransomware Attack on Aluminium Producer Norsk Hydro Is Similar to Other Breaches March 20, 2019 By Nate Lanxon Norsk Hydro ASA confirmed that a ransomware attack was behind production outages across the aluminum producer’s operations in Europe and...
Update: Cyber Attack at Aluminium Producer Norsk Hydro Causes Production Outages March 19, 2019 By Elena Mazneva, Jonas Cho Walsgard and Mark Burton Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across...
Real Life Examples Show Why Businesses Must Boost Their Cyber Defenses March 18, 2019 By Joyce M. Rosenberg When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being...
Philippines’ RCBC Sues Bangladesh Central Bank over ‘Vicious’ Cyber Heist Claims March 13, 2019 A Philippine bank has filed a lawsuit accusing Bangladesh’s central bank of defamation, hitting back at what it says are...
Pool Re Funds £10M Initiative to Help UK Businesses Improve Resilience to Terrorism March 8, 2019 Pool Re, Britain’s terrorism reinsurer, is collaborating with UK government agencies to help businesses proactively protect against the risk of...
Pool Re Completes £2.3B ($3.1B) Terrorism Retrocession Placement March 1, 2019 Pool Re, Britain’s state-backed terrorism reinsurer, has today completed placement of its £2.3 billion (US$3.1 billion) retrocession program with more...
U.K. Cyber-Security Startup Tessian Raises $40M to Support U.S. Expansion February 28, 2019 By Jeremy Kahn Sequoia Capital has backed a London-based cyber-security startup founded by a trio of former banking analysts, who were surprised how...
Global Malware Attack Could Cost Insurers $27 Billion January 29, 2019 By Noor Zainab Hussain A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion,...
Failure to Mitigate Climate Change, Cyber Attacks Are Top Global Threats: WEF January 17, 2019 By Jill Ward The failure to tackle climate change and extreme weather events are the most threatening global risks this year, according to...