cyber attack News

Iran’s President Says Cyberattack Meant to Create ‘Disorder’

DUBAI, United Arab Emirates (AP) — Iran’s president said Wednesday that a cyberattack which paralyzed every gas station in the Islamic Republic was designed to get “people angry by creating disorder and disruption,” as long lines still snaked around the …

Property Insurers Exposed to $12.5B in ‘Silent Cyber’ Losses, Market Analysts Say

US property insurers are exposed to $12.5 billion in non-physical cyber losses that are not expected and not priced by underwriters, according to a report released Tuesday. CyberCube, AM Best and Aon teamed up to calculate the “silent cyber” exposure …

Morgan Stanley Reports Data Breach by Vendor Exposed Some Client Data

Morgan Stanley has disclosed that personal data of some of its corporate clients was stolen in January in a data breach that involved a third-party vendor and hackers accessed information, including social security numbers. Files stolen also included client names, …

Hackers Publish Florida School District Files After $40M Ransom Unpaid

Hackers who sought $40 million in ransom from a South Florida school district that refused to pay have now published nearly 26,000 stolen files. Many of the files, dated from 2012 to March 2021, contain Broward School District accounting and …

How a Dated Cyber-Attack Brought a Stock Exchange to its Knees

The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was so badly throttled that the exchange couldn’t post market announcements, as required by financial regulators. So with an hour left …

When $2 Trillion Falls Short, Next 2020 May Be Uninsurable

There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout from Covid-19 has left insurers issuing existential warnings and businesses discovering they weren’t covered. It’s resulted in courts packed with …

Systems Remain Down at Health Network After Cyberattack

The University of Vermont Health Network, including six hospitals in Vermont and New York, on Friday was still dealing with a cyberattack that caused significant computer network problems with an official saying they did not know when the systems would …

U.S. Treasury Warns Cyber Insurers Against Paying Ransomware Demands

The U.S. Treasury Department is warning that individuals or businesses that help facilitate ransomware payments may be violating anti-money laundering and sanctions regulations. The warnings came in a pair of advisories, one from the Financial Crimes Enforcement Network (FinCEN) and …

Dunkin’ Donuts Parent Settles New York Cyberattack Lawsuit, is Fined

NEW YORK — The parent of Dunkin’ Donuts on Tuesday agreed to upgrade its security protocols and pay $650,000 in fines and costs to settle a lawsuit by New York’s attorney general claiming it ignored cyberattacks that compromised the online …

Search Warrant Served on Teen for Twitter Hack, NYT Reports

The FBI on Tuesday served a search warrant on a 16-year-old related to his alleged role in the July 15 hack on Twitter Inc., the New York Times reported. The youth was believed to have played a significant role in …