Latest Russia Headlines

All the headlines from our Russia Topic Page, ordered by recency.

The Most Expensive Data Breach You’ll Ever Have

Oct 5 2020 // Last week, a producer in one of my classes was distracted beyond belief — fidgeting with his mobile device, sending emails, and texting. As happens to most of us when we’re nervous, his leg was shaking like a...

Russia-Backed Hackers Behind Most Nation-State Cyber Attacks: Microsoft

Oct 2 2020 // Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company. Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its...

Citing U.S. Sanctions, Insurers Won’t Cover Ships For Russia, Turkey Pipelines Projects

Sep 23 2020 // The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. Associations belonging to...

Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine

Sep 23 2020 // Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the...

EU Begins to Tackle Cyber Warfare with Targeted Sanctions

Jul 31 2020 // Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures,...

After Olympic High, Bankruptcy Low, Rulon Gardner Now Wrestles With Insurance Risks

Jul 21 2020 // Rulon Gardner is living a quiet life, just the way he likes it. He is 48 now, sells insurance and has a second job coaching wrestling at a Salt Lake City-area high school. It’s been 20 years since Gardner, a...

Investors, Insurers Warned of Risk of U.S. Sanctions for Russian Pipeline Ties

Jul 17 2020 // U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage...

Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills

Jul 14 2020 // President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate resources for a contingency plan in the case of a spill. The law makes it...

Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill

Jul 13 2020 // Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the...

Arctic Temperatures Soar to Record Levels in June, Stoking Wildfires: EU Data

Jul 7 2020 // GENEVA/MOSCOW – Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking some of the worst wildfires the region has ever known, European Union (EU) data showed on...

Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill

Jul 7 2020 // Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion roubles ($2 billion) in damages over an Arctic fuel spill in...

Russia Aims to Complete Nord Stream Gas Pipeline, Despite U.S. Objections

Jun 17 2020 // Russia’s Gazprom PJSC has made a request with the Danish government to deploy new vessels in the Baltic Sea for work on the disputed Nord Stream 2 gas pipeline, Denmark’s environmental protection agency...

Unprecedented Arctic Diesel Spill Angers Putin and Could Force Green Reform in Russia

Jun 11 2020 // The mishandling of the biggest Arctic oil spill ever infuriated Russian President Vladimir Putin and could give a boost to the country’s environmental regulation. MMC Norilsk Nickel PJSC, Russia’s biggest...

Major Fuel Spill in Russian Arctic Moves Closer to Arctic Ocean: Regional Official

Jun 10 2020 // Diesel fuel from a major spill in Russia’s Arctic has reached a pristine lake which is the basin for a river flowing into the Arctic Ocean, a regional official said on Tuesday, but the mining giant embroiled in the...

Massive Fuel Spill in Siberia Blamed on Melting Permafrost – or Climate Change

Jun 4 2020 // A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining company involved said the catastrophe may have been caused by climate change. Scientists have warned for years...

Senators Seek to Expand U.S. Sanctions to Insurance for Russia-Europe Pipeline

Jun 4 2020 // U.S. senators will announce a bill this week expanding sanctions on Russia’s Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas. The...

U.S. Warns Partners, Industrial Firms About Russian Hacking Operation

May 29 2020 // The U.S. National Security Agency on Thursday warned government partners and private companies about a Russian hacking operation that uses a special intrusion technique to target operating systems often used by industrial...

Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019

Feb 21 2020 // Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the international community. Russia’s GRU was behind the...

California Vineyard Spills Nearly 100K Gallons of Red Wine into River

Jan 27 2020 // More than 97,000 gallons of red wine spilled from a tank at a vineyard in Sonoma County and eventually leaked into the Russian River, an accident officials said could hurt water quality in the 110-mile tributary flowing...

Insurance Journal’s Top 10 Cyber Risk Stories of 2019

Jan 7 2020 // Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said...