Articles by Jim Finkle

Cyber Criminals Reap Billions of Dollars via Email Scams Across the Globe

Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to the U.S. Federal Bureau of Investigation. Losses from these scams, which are …

Hospitals Warned on Surge in Ransomware Attacks

U.S. hospitals should brace for a surge in “ransomware” attacks by cyber criminals who infect and shut down computer networks, then demand payment in return for unlocking them, a non-profit healthcare group warned on Friday. The Health Information Trust Alliance …

Apple Ransomware Attack Thwarted Before Large Number of Computers Infected

The first known ransomware attack on Apple Inc.’s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer whose product was tainted with the malicious software. Hackers …

Investors Shunning Once-Hot Cybersecurity Startups

The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns about cyber attacks and data …

U.S. Utilities Examine Their Insurance Protection After Ukraine Grid Cyber Attack

U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than 80,000 Ukrainians last month. The Dec. 23 incident …

U.S. Reports on Cyber Attacks on Manufacturing, Other Industries

U.S. Department of Homeland Security investigations of cyber attacks on the nation’s critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security’s Industrial Control Systems Cybersecurity Emergency Response Team, or …

Hackers Caused Ukraine Outage with Malware & Remote Power Cut: Report

Hackers likely caused a Dec. 23 electricity outage in Ukraine by remotely switching breakers to cut power, after installing malware to prevent technicians from detecting the attack, according to a report analyzing how the incident unfolded. The report from Washington-based …

VTech Data Breach Highlights Risk in Connected Toys, Internet of Things

U.S. states said they will investigate a massive breach at digital toy maker VTech Holdings Ltd as security experts warned that hackers are likely to target similar companies that handle customer data. Attorneys general in the U.S. states of Connecticut …

Lawmakers Want Anti-Hacking Details from Carmakers

Two U.S. senators have asked the world’s biggest automakers for information on steps they have taken to protect cars from being hacked, as attention on vehicle security has surged following the first car recall over a cyber bug. Democratic Senators …

Hacker Claims to Open GM’s OnStar App, Start Engine Remotely

A researcher is advising drivers not to use a mobile app for General Motors Co.’s OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines remotely. “White-hat” hacker Samy Kamkar …