cyberattack News

Cyberattack on New Orleans City Computers Called ‘Minimal’

NEW ORLEANS — Officials announced Saturday that no data was held for ransom and that a recovery operation is getting underway after a cyberattack a day earlier triggered a shutdown of city government computers in New Orleans. Chief Information Officer …

Merck Cyberattack’s $1.3 Billion Question: Was It an Act of War?

By the time Deb Dellapena arrived for work at Merck & Co.’s 90-acre campus north of Philadelphia, there was a handwritten sign on the door: The computers are down. It was worse than it seemed. Some employees who were already …

Hackers Net $4.2M in Cyber Theft from Oklahoma Pension Fund

OKLAHOMA CITY — The FBI is investigating after computer hackers managed to steal about $4.2 million in funds from a pension system for retired Oklahoma Highway Patrol troopers and other state law enforcement officers, state officials said Friday. A notice …

Subrogation Counsel, Data Breaches, And Cybersecurity

What do you really know about the strengths and weakness of the cybersecurity measures taken by the subrogation counsel and recovery vendors you engage to assist with subrogation recoveries? This past April, Yahoo entered into a $117.5 million settlement in …

Allaying Consumer Concern Over Cyber Risk

Consumers continue to report concern during online transactions and social media use but don’t always maintain safeguards to protect themselves, according to Prashant Pai, vice president of cyber offerings strategy at Verisk Analytics. In a recent interview with Claims Journal, …

World’s Biggest Shipper Reports Cyberattack Cost up to $300M

The June cyberattack that paralyzed the computer systems in companies around the world is estimated to have cost the world’s biggest container shipping line between $200 million and $300 million, A.P. Moller-Maersk said Wednesday. The Copenhagen-based group, which was particularly …

Researchers Say Popular Robots Dangerously Easy to Hack

Some of the most popular industrial and consumer robots are dangerously easy to hack and could be turned into bugging devices or weapons, IOActive Inc. said. The Seattle-based cybersecurity firm found major security flaws in industrial models sold by Universal …

Study: Hackers Could Use Brainwaves to Steal Passwords

Researchers at the University of Alabama at Birmingham suggest that brainwave-sensing headsets, also known as EEG or electroencephalograph headsets, need better security after a study reveals hackers could guess a user’s passwords by monitoring their brainwaves. EEG headsets are advertised …

Risk of Attack Higher Because of China’s Fondness for Pirated Software

China’s fondness for pirated software left it especially vulnerable to the latest global cyberattack. Beijing has tolerated rampant use of unlicensed software copies despite repeated promises to crack down and warnings by industry groups that China is leaving itself open …

Global ‘WannaCry’ Ransomware Cyberattack Sought Cash for Data

A global “ransomware” cyberattack, unprecedented in scale, had technicians scrambling to restore Britain’s crippled hospital network Saturday and secure the computers that run factories, banks, government agencies and transport systems in many other nations. The worldwide effort to extort cash …