cyber attack News

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 …

HSB Survey: Half of U.S. Businesses Have Been Hacked

More than half of U.S. businesses (53 percent) have experienced a cyber attack in the past year, according to a survey of business executives released today by The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re. …

Report Indicates Hackers Were Snooping Inside Equifax as Early as March

Hackers broke into Equifax’s computer systems in March, two months earlier than the company had previously disclosed, according to a Wall Street Journal report . That gave the intruders months to probe vulnerabilities and eventually gain access to the data …

Lloyd’s: Global Cyber Attack Could Cost $121.4B

A global cyber attack could result in damages of as much as $121.4 billion in an extreme event, comparable to economic losses caused by Hurricane Katrina in 2005, Lloyd’s of London said in a report. Average losses from a scenario …

Littler: Employers Caught in Tangled Web of Federal, State and Local Laws

Changes occurring in Washington, D.C., and in local governments – combined with technological advances and shifts in how work is performed – is creating an unprecedented level of uncertainty in the workplace, according to a survey by Littler, a global …

Fears of Hacking Increase Demand for Cyber Insurance

For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free marketing for what could be a $10 billion opportunity. …