Cyber Reinsurance Rates Rocket at July Renewals -Willis Re July 1, 2021 LONDON — Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis...
Colonial Pipeline Sued for Gas Crisis From Ransomware Attack June 23, 2021 By Christopher Yasiejko Colonial Pipeline Co. was sued by a gas station seeking to represent thousands more over the ransomware attack in May...
Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’ June 23, 2021 By Alwyn Scott NEW YORK — Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber...
Ransomware Gangs Get Paid Off as Officials Struggle for Fix June 22, 2021 By Frank Bajak BOSTON (AP) — If your business falls victim to ransomware and you want simple advice on whether to pay the...
U.S. Water and Power Are Shockingly Vulnerable to Cyberhacks June 15, 2021 By Kartikay Mehrotra When the Los Angeles Department of Water and Power was hacked in 2018, it took a mere six hours. Early...
Meat Company JBS Confirms it Paid $11M Ransom in Cyberattack June 11, 2021 By Dee-Ann Durbin The world’s largest meat processing company says it paid the equivalent of $11 million to hackers who broke into its...
Pipeline CEO: Ransom Payment Among My ‘Toughest Decisions’ June 9, 2021 By Eric Tucker and Ben Fox WASHINGTON (AP) — The chief executive of the massive fuel pipeline hit by ransomware last month told senators on Tuesday...
JBS Rebuffed Call to Boost Cyber Spending, Ex-Employees Say June 9, 2021 By Ryan Gallagher and Alyza Sebenius A few years before it was hit by a major cyberattack, the world’s largest meat producer, JBS SA, rebuffed efforts...
Global War on Ransomware? Hurdles Hinder the US Response June 7, 2021 By Alan Suderman RICHMOND, Va. (AP) — Foreign keyboard criminals with scant fear of repercussions have paralyzed U.S. schools and hospitals, leaked highly...
JBS Meat Plants Reopen as White House Blames Russia-Linked Group Over Hack June 3, 2021 By Nandita Bose and Tom Polansek WASHINGTON/CHICAGO — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations...