iSight Partners News

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 …

Investors Shunning Once-Hot Cybersecurity Startups

The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks and data …

Russia Cracks Down on Financial Hacking Ring, Raiding Moscow Office: Sources

Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world’s most notorious financial hacking operations, according to three sources with knowledge of the matter. Cyber …

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 …

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 …

Barrage of Cyber Attacks Force Companies to Rethink Defense Strategies

A barrage of damaging cyber attacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks. U.S. insurer …

Iran Hackers Targeted Airlines, Energy Firms Across Globe: Cylance Report

Iranian hackers have infiltrated some of the world’s top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance. Aerospace firms, …