Latest Russia Headlines

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

Ship Insurer West Withdraws Cover on 2 Russian Ships Over U.S. Sanctions

Mar 3 2022 // British ship insurer West of England has withdrawn cover for two container ships operated by Russia’s FESCO Transportation Group after the vessels were listed by the U.S. Treasury as part of broader sanctions, West...

Shipping Firm Warns Delays May Damage Perishable Cargo Shipments to Russia

Mar 2 2022 // Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday. Maersk and two other large...

China Will Not Impose Sanctions on Russia for Ukraine Invasion

Mar 2 2022 // BEIJING — China will not join in sanctions on Russia that have been led by the West, the country’s banking regulator said on Wednesday, adding that he believed the impact of the measures on China would be...

Could the Ukraine Crisis Move Florida to Fix Its Insurance Crisis?

Mar 2 2022 // With the March 11 scheduled close of its regular session fast approaching, the Florida Legislature remains so focused on putting the finishing touches on its various culture-war signaling bills that one might think...

Analysis: Russian Ransomware Attacks on Ukraine Muted by Leaks, Insurance Exclusion

Mar 2 2022 // Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid disarray among the criminal underworld often behind such attacks and fears insurers would not...

Toyota Suspends Tokyo Factory Operations After Suspected Cyber Attack

Mar 1 2022 // Toyota Motor Corp. said it will suspend domestic factory operations on Tuesday, losing around 13,000 cars of output, after a supplier of plastic parts and electronic components was hit by a suspected cyber attack. No...

Aon Discloses ‘Cyber Incident’ Amid Mounting Concerns Over Hacks

Feb 28 2022 // Aon Plc is investigating a “cyber incident” that the insurance brokerage said impacted a limited number of its systems. The incident, identified Friday, “has not had a significant impact” on...

AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry

Feb 28 2022 // Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance industry, said AM Best. The rating agency Friday said efforts by the global central...

Insurers Raise Costs of Shipping Through Black Sea for Vessels Still Willing to Sail

Feb 25 2022 // Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia’s invasion of...

Hacking Risk Shadows U.S. Business as Russia Threatens Critics

Feb 25 2022 // A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against their computer networks as Russia on Thursday threatened “consequences” for...

Global Firms Shut Ukraine Operations, as They Weigh Impact of Sanctions on Russia

Feb 25 2022 // Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia’s invasion, while UPS and FedEx Corp. suspended services in and out of the...

Global Aviation Industry Assesses Growing Risks of Doing Business With Russia

Feb 25 2022 // The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing...

Update: Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins

Feb 24 2022 // Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbor, while Europe’s aviation regulator warned about hazards to flying in bordering...

Tripwire for Real War? Cyber’s ‘Fuzzy’ Rules of Engagement

Feb 16 2022 // President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end up in a war, a real shooting war with a major power, it’s going to be as a consequence...

Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack

Feb 9 2022 // FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the...

Cybercrime Gang Tied to Ransomware Attacks in Germany, Colonial Pipeline Hackers

Feb 4 2022 // A Russia-linked cybercrime gang was allegedly responsible for ransomware attacks that took down a swath of Germany’s fuel-distribution system this week and hindered payments at some filling stations. Hackers using a...

Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics

Feb 4 2022 // The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations,...

Some U.S. Businesses Wary of Sanctions on Russia, Urge Safe Harbors, Exemptions

Jan 26 2022 // U.S. President Joe Biden has threatened to impose devastating sanctions on Russia if leader Vladimir Putin invades Ukraine, but some big companies and business groups are pushing the White House and lawmakers to be...

Russian-Backed Actors Targeting Canada’s Infrastructure, Intelligence Agency Warns

Jan 21 2022 // Network operators of critical Canadian infrastructure should boost their defenses against Russian state-sponsored threats, Canada’s signals intelligence agency said on Thursday. The warning from the Communications...

U.S. Security Agencies Issue Advisory on Russian Cyber Attacks on Infrastructure

Jan 12 2022 // Federal cybersecurity officials are again warning of Russian cyber attacks and urging critical infrastructure networks in particular to be on alert. The Cybersecurity and Infrastructure Security Agency, the Federal Bureau...