cyber attack News

Viewpoint: Scrutiny Undermines Argument that Cyber Insurance Encourages Ransomware

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 …

Lawsuit Filed Against Dunkin’ Donuts Over Security Breaches

NEW YORK — Dunkin’ Donuts failed to notify almost 20,000 customers across the U.S. about cyberattacks on their accounts in 2015 and inadequately warned more than 300,000 customers about another hacking attack in 2018, New York’s attorney general said in …

Brokers Packaging Cybersecurity with Cyber Insurance

Insurance retailers are teaming up with tech wizards to sell cybersecurity along with cyber coverage as a means of trimming premiums and winning over customers in a vastly underserved market: small and mid-sized businesses. Coalition, a San Francisco managing general …

Business News: Phyn, Envista Forensics, GuideOne and Stategos

Phyn Retailing Smart Water-Leak Detector Phyn announced the release of a water-leak detector that sends alerts to consumer’s smart phones, which will be available for sale in Best Buy stores for $299 starting next month. Phyn, based in Torrance, California, …

ECB Says One of Its Websites Was Hacked, Data Possibly Captured

The European Central Bank said one of its websites was hacked by unauthorized people who may have stolen private information including contact data. According to an emailed statement, hackers installed malware onto an external server that hosts the Banks’ Integrated …

Customs Says Hack Exposed Traveler, License Plate Images

Customs and Border Protection said Monday that photos of travelers and license plates collected at a single U.S. border point have been exposed in a malicious cyberattack in what a leading congressman called a “major privacy breach.” The federal agency …

Norsk Hydro’s Production Near Normal after Cyber Attack

Production at Norwegian aluminum maker Norsk Hydro was back to near normal after a cyber attack last month, the company said on Friday. The group halted some of its production on March 19 and switched other units to manual operation …

Initial Loss from Norsk Hydro’s Cyber Attack May Exceed $40 Million

Norwegian aluminum maker Norsk Hydro may have lost more than $40 million in the week that followed a cyber attack that paralyzed parts of its operations, and a full recovery of IT systems will take weeks or more, the company …

Norsk Hydro Ransomware Attack Is ‘Severe,’ but Common

Norsk Hydro ASA confirmed that a ransomware attack was behind production outages across the aluminum producer’s operations in Europe and the U.S. The perpetrators are still unknown but the work is similar to other recent breaches. The Norwegian company, one …

Travelers: Businesses Expect Cyber Attack, But Lag in Preparation

Cyber risks are the No. 2 concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk …