BOSTON (AP) — If your business falls victim to ransomware and you want simple advice on whether to pay the criminals, don’t expect much help from the U.S. government. The answer is apt to be: It depends. “It is the …
When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early this year, an intruder lurked in hundreds of computers related to water systems across the U.S. In Portland, Oregon, burglars …
The world’s largest meat processing company says it paid the equivalent of $11 million to hackers who broke into its computer system late last month. Brazil-based JBS SA said on May 31 that it was the victim of a ransomware …
A few years before it was hit by a major cyberattack, the world’s largest meat producer, JBS SA, rebuffed efforts to spend more on cybersecurity because it wasn’t considered a priority and didn’t show an immediate return on investment, according …
RICHMOND, Va. (AP) — Foreign keyboard criminals with scant fear of repercussions have paralyzed U.S. schools and hospitals, leaked highly sensitive police files, triggered fuel shortages and, most recently, threatened global food supply chains. The escalating havoc caused by ransomware …
WASHINGTON (AP) — U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack that disrupted gas supplies in several states this month. The Transportation …
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 …
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two …
When a new ransomware group popped up on the scene last year, the hackers did what’s in vogue for digital extortion organizations these days: They issued a press release. The hackers had already made “millions of dollars” in profit working …
BOSTON (AP) — In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. AXA, among Europe’s top five insurers, said …