CHICAGO — Iowa-based farm services provider NEW Cooperative Inc said on Monday its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage elevators in the top …
Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday. “The pricing environment is pretty good,” Greenberg said on a conference …
The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An increasing number of attacks were …
The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 weekend. Now, insurers are reassessing the cyber business. With cyberattacks …
WASHINGTON — The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack and will announce actions in coming days, the Department of Homeland Security (DHS) said on Tuesday. The Transportation Security Administration …
US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a report released Thursday by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market …
WASHINGTON (AP) — A tool designed to help businesses protect themselves from further compromises after a global hack of Microsoft email server software has been downloaded more than 25,000 times since it was released last week, the White House’s National …
WASHINGTON — The Justice Department announced charges against Russian intelligence officers in cyberattacks that targeted a French presidential election, the Winter Olympics in South Korea and American businesses. The case implicates the Kremlin unit that interfered in the 2016 U.S. …
Cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules, the U.S. Treasury Department warned on Thursday. The warnings, which referenced malicious programs known as ransomware, came in advisories from …
In July alone, hackers took over the twitter accounts of U.S. politicians, stole terrabytes of coronavirus research and even infiltrated the U.K.’s Premier League soccer clubs. Can they cut off your electricity, too? They’re trying. With millions of Americans now …