cyberattack News

Allaying Consumer Concern Over Cyber Risk

Consumers continue to report concern during online transactions and social media use but don’t always maintain safeguards to protect themselves, according to Prashant Pai, vice president of cyber offerings strategy at Verisk Analytics. In a recent interview with Claims Journal, …

World’s Biggest Shipper Reports Cyberattack Cost up to $300M

The June cyberattack that paralyzed the computer systems in companies around the world is estimated to have cost the world’s biggest container shipping line between $200 million and $300 million, A.P. Moller-Maersk said Wednesday. The Copenhagen-based group, which was particularly …

Researchers Say Popular Robots Dangerously Easy to Hack

Some of the most popular industrial and consumer robots are dangerously easy to hack and could be turned into bugging devices or weapons, IOActive Inc. said. The Seattle-based cybersecurity firm found major security flaws in industrial models sold by Universal …

Study: Hackers Could Use Brainwaves to Steal Passwords

Researchers at the University of Alabama at Birmingham suggest that brainwave-sensing headsets, also known as EEG or electroencephalograph headsets, need better security after a study reveals hackers could guess a user’s passwords by monitoring their brainwaves. EEG headsets are advertised …

Risk of Attack Higher Because of China’s Fondness for Pirated Software

China’s fondness for pirated software left it especially vulnerable to the latest global cyberattack. Beijing has tolerated rampant use of unlicensed software copies despite repeated promises to crack down and warnings by industry groups that China is leaving itself open …

Global ‘WannaCry’ Ransomware Cyberattack Sought Cash for Data

A global “ransomware” cyberattack, unprecedented in scale, had technicians scrambling to restore Britain’s crippled hospital network Saturday and secure the computers that run factories, banks, government agencies and transport systems in many other nations. The worldwide effort to extort cash …

Ohio Air Force Base Trains Cyber Army

Cyber hackers bent on chaos could potentially attack water treatment and chemical plants, power grids, financial institutions and disable weapon systems, and have stolen personal data of millions of federal employees and consumers. Every hour of every day, cyber warriors …

Insurer Models Cyber Risks to Benefit SMBs

With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage. All industries need liability and property coverage to protect against cyberattack …

Regulators Want to Strengthen Banks’ Cyber Security

Federal regulators are looking to set up new standards for big banks’ planning and testing for possible cyberattacks. The aim is to bolster the banking industry’s defenses amid concern over periodic security breaches at U.S. banks. The move announced Wednesday …

Student Researcher Studies How to Keep Cars From Being Hacked

In 2015, two researchers remotely hacked a Jeep Cherokee being driven by a reporter who documented how the researchers controlled everything from the car’s radio and media console to its brakes and steering. For Dr. Shucheng Yu, an associate professor …