cyber attacks News

Biden Rushes to Protect the Power Grid as Hacking Threats Grow

A White House plan to rapidly shore up the security of the U.S. power grid will begin with a 100-day sprint, but take years more to transform utilities’ ability to fight off hackers, according to details of a draft version …

Aviation Reinsurance Rates Rise by Up to 250% – Report

LONDON — Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re said in a report on Monday, with the market still reeling from the impact of Boeing 737 MAX crashes two …

Suspected Russian Hackers Target Frail U.S. Supply Chain

For years, U.S. officials have warned about the dangers of cyber-attacks involving the electronics supply chain. This week’s revelation that a growing number of federal agencies were breached in a widespread attack by suspected Russian hackers shows how little they …

Lloyd’s, Parsyl to Insure Emerging Market COVID-19 Vaccine Rollout

LONDON, Dec 15 — Lloyd’s of London and insurtech firm Parsyl have launched a program to insure the distribution of COVID-19 vaccines in emerging markets as drugmakers race to address the biggest global logistical challenge since the Second World War. …

Microsoft Teams Up With Chipmakers to Boost PC Security

Microsoft Corp. said it has developed a security technology that chipmakers Intel Corp. and Advanced Micro Devices Inc. plan to incorporate into personal-computer processors to boost their ability to ward off hackers and cyber-attacks. Intel and AMD said chips with …

Wisconsin Republican Party Says Hackers Stole $2.3 Million

MADISON, Wis. — Hackers have stolen $2.3 million from the Wisconsin Republican Party’s account that was being used to help reelect President Donald Trump in the key battleground state, the party’s chairman told The Associated Press on Thursday. The party …

Finland Shocked by Therapy Center Hacking, Client Blackmail

HELSINKI — Finland’s interior minister summoned key Cabinet members into an emergency meeting Sunday after hundreds _ and possibly thousands _ of patient records at a private Finnish psychotherapy center were accessed by a hacker or hackers now demanding ransoms. …

Working From Home a Cybersecurity Headache for Employers

As companies and government agencies send their employees home to avoid contact with the coronavirus, many cybersecurity teams are facing the unenviable challenge of securing sprawling, vulnerable networks. Every time an employee connects to their corporate network from home, they’re …

Aon Buys Cytelligence to Bolster Group Handling Cyber Hacks

Aon Plc bought closely held Canadian firm Cytelligence Inc. to help boost its ability to respond to and investigate attacks on computer systems. Aon picked up employees with cybersecurity consulting and digital forensic expertise, the London-based insurance brokerage and advisory …

Vietnam-linked Hacking Group Targets Toyota, Other Companies

A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber-attacks to spy on competitors and help Vietnam catch up to global competitors, according to cybersecurity experts. In the last two years, the group, which is believed to …