cyberattacks News

Russian Agents Charged With Targeting US Nuclear Plant, Saudi Oil Refinery

WASHINGTON —U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery. The announcement was paired with the unsealing of criminal …

Hacked US Companies to Face New Reporting Requirements

WASHINGTON (AP) — Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration …

Cyberattacks Increasingly Hobble Pandemic-Weary US Schools

ALBUQUERQUE, N.M. (AP) — For teachers at a middle school in New Mexico’s largest city, the first inkling of a widespread tech problem came during an early morning staff call. On the video, there were shout-outs for a new custodian …

States at Disadvantage in Race to Recruit Cybersecurity Pros

CHICAGO (AP) — Austin Moody wanted to apply his cybersecurity skills in his home state of Michigan, teaming up with investigators for the State Police to analyze evidence and track down criminals. But the recent graduate set the idea aside …

Iowa Farm Services Firm: Systems Offline Due to Cybersecurity Incident

CHICAGO — Iowa-based farm services provider NEW Cooperative Inc said on Monday its systems were offline to contain a “cybersecurity” incident just as the U.S. farm belt gears up for harvest. The cooperative operates grain storage elevators in the top …

Cyber Insurance Rates Fail to Match Catastrophe Risk-Chubb CEO

Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday. “The pricing environment is pretty good,” Greenberg said on a conference …

Cyber Claim Frequency Growing; Smaller Organizations Targeted

The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2020 compared to the first half of 2021, according to a new report by cyber insurer Coalition. An increasing number of attacks were …

Insurers Are Rethinking How They Cover Hacks With Cyberattacks on the Rise

The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 weekend. Now, insurers are reassessing the cyber business. With cyberattacks …

U.S. to Boost Pipeline Cyber Protections in Wake of Colonial Hack

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 …

Claims Process ‘Challenging’ as Insurers Suffer Record Winter Losses, Aon Says

US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a report released Thursday by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market …