Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital’s breach of its covenant agreement, according to a notice to …
New Jersey’s largest hospital system said Friday that a ransomware attack last week disrupted its computer network and that it paid a ransom to stop it. Hackensack Meridian Health did not say in its statement how much it paid to …
Many of Louisiana’s state government websites and email systems were shut down because of what the governor’s office is describing as an attempted ransomware attack. The problem Monday disrupted business operations and online services across state agencies. Gov. John Bel …
A Massachusetts mayor says hackers demanded $5.3 million from his city in a ransomware attack this summer. New Bedford Mayor Jon Mitchell disclosed Wednesday that a variant of the Ryuk virus blocked access to information on 158 city computers in …
Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares. The Norwegian company’s stock rose as much as 6% in …
Large companies in France are increasingly the targets of cyber attackers who lock up data and demand a ransom, but often refrain from reporting the assaults for fear of hurting their image, according to the French Interior ministry. Attackers changed …
Aluminum producer Norsk Hydro, the victim of a cyber attack in March that paralyzed its IT systems, posted an 82% drop in first-quarter core profit on Wednesday and said a rise in global uncertainty could impact its markets. The Norwegian …
Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which reported a 105% increase in the number of ransomware attack notifications against clients compared to Q1 2018. In Q1 2019, the …
Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter. The Oslo-based firm, one of the world’s largest producers of the …
When Norsk Hydro, one of the world’s largest aluminum producers, was hit by a major cyber attack in the early hours of March 19, it was already undergoing a major upheaval: just the day before the attack, the company’s long-standing …
