August 28, 2020
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. …
February 19, 2020
The U.S. Department of Homeland Security has alerted energy and other infrastructure firms to review their cybersecurity after a ransomware attack interrupted a natural gas compression facility. The attack caused the unidentified pipeline facility to lose access and visibility to …
January 30, 2020
State Auto Property and Casualty Insurance Co. is liable for the cost of replacing a computer server that was damaged and perhaps permanently compromised by a ransomware attack despite the carrier’s argument that the business owner did not suffer a …
January 29, 2020
Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber attack …
January 17, 2020
More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber …
January 15, 2020
An upstate New York airport and its computer management provider were attacked by ransomware over Christmas, officials said. Officials at the Albany County Airport Authority announced Thursday that the attack came to light after Schenectady-based LogicalNet reported its own management …
January 14, 2020
Travelex is restoring operations to process foreign exchange orders electronically, it said on Monday, almost two weeks after cyber hackers took hold of its systems, leading to a global blackout of its online services. Staff at Travelex were forced to …
January 9, 2020
The ransomware attack against U.K. foreign exchange firm Travelex is just a taste of what’s to come with cyber crime, according to experts at CyberCube, the cyber risk analytics firm. Travelex announced this week that cyber hackers were holding its …
January 8, 2020
Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The …
October 9, 2019
As the cyber insurance market continues to grow, it’s only natural to discuss its place in the battle against cyber-attacks, including ransomware, which has been a prevalent topic in recent months. Over the last several years, the cyber insurance market …