U.S. and European law enforcement officials on Thursday said they had dismantled a global organized cybercrime network, which used malware to steal banking login details in an attempt to pocket about $100 million from thousands of businesses. A federal grand …
Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer Denis Kessler said, recommending the industry build a comprehensive, common global scale to assess cyber-related incidents. “I dream of a …
For many people who care for aging parents, one solution is a safe, responsible nursing home. But an increasingly common means of ensuring that safety — security cameras installed by relatives — may do more harm than good, says Clara …
About the photo: In this March 21, 2019 photo a robot called “Pepper” is positioned near an entrance to a Microsoft Store location, in Boston. Microsoft, a company that often tries to position itself as an early thinker on ethics …
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 …
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 …
A Lithuanian man admitted he helped trick Facebook Inc. and Alphabet Inc.’s Google into sending more than $100 million through a phishing scheme. Evaldas Rimasauskas, 50, pleaded guilty to one count of wire fraud before U.S. District Judge George Daniels …
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 …
Uber Technologies Inc. will pay $148 million to settle claims related to a large-scale data breach that exposed the personal information of more than 25 million of its U.S. users. The settlement, spanning all 50 states and the District of …
As data breaches continue to be reported, Adam Doupé, assistant professor of engineering and associate director of Arizona State University’s Center for Cybersecurity and Digital Forensics, explains how hacking evolved into a leading way to steal consumer information. How has …