cyber warfare News

EU Begins to Tackle Cyber Warfare with Targeted Sanctions

Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures, the six individuals …

Israel Thwarts Major Cyber Attack Against Its Water Systems

Israel’s national cyber chief Thursday officially acknowledged the country had thwarted a major cyber attack last month against its water systems, an assault widely attributed to arch-enemy Iran, calling it a “synchronized and organized attack” aimed at disrupting key national …

Climate Change, Cyber Warfare Risks Are Key London Market Issues for 2020: IUA

Climate change and cyber warfare risks are two key London market issues highlighted by the International Underwriting Association (IUA) in its business plan for 2020. The association said it is establishing a new market group to examine the growing impact …

Was It an Act of War? That’s Merck Cyber Attack’s $1.3 Billion Insurance Question.

By the time Deb Dellapena arrived for work at Merck & Co.’s 90-acre campus north of Philadelphia, there was a handwritten sign on the door: The computers are down. It was worse than it seemed. Some employees who were already …

Ukraine Blames Russian Hackers for Attacks on Power Grid, Financial System

Ukraine on Wednesday accused Russian hackers of targeting its power grid, financial system and other infrastructure with a new type of virus that attacks industrial processes, the latest in a series of cyber offensives against the country. Oleksandr Tkachuk, Ukraine’s …

Islamic Militants Could Target Nuclear Industry, Security Experts Warn

Meter-thick concrete walls and 1950s-style analog control rooms help protect nuclear plants from bomb attacks and computer hackers, but Islamist militants are turning their attention to the atomic industry’s weak spots, security experts say. Concerns about nuclear terrorism rose after …

U.S. Utilities Examine Their Insurance Protection After Ukraine Grid Cyber Attack

U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than 80,000 Ukrainians last month. The Dec. 23 incident …

Israel Emerges as Leader in Developing Cyber Defenses for Cars

Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are equipped with some level of connectivity …

Hackers Caused Ukraine Outage with Malware & Remote Power Cut: Report

Hackers likely caused a Dec. 23 electricity outage in Ukraine by remotely switching breakers to cut power, after installing malware to prevent technicians from detecting the attack, according to a report analyzing how the incident unfolded. The report from Washington-based …