cyber attacks News

Telecoms Firm Optus Warns Cyber Attack May Have Exposed Australian Clients’ Details

Optus, the Australian unit of telecoms firm Singapore Telecommunications, said it was investigating the unauthorized access of customer details including home addresses, driver’s license and passport numbers, after a cyberattack. Wireless carrier Optus said in a statement on Thursday it …

Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister

Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier this week. The minister, Luigi Di Maio, said on …

Italian Oil Giant Eni Hit by Cyber Attack

The Italian oil giant Eni SpA said Wednesday that its computer networks were hacked in recent days and that the consequences so far appeared to be minor. “Eni confirms that the internal protection systems have detected unauthorized access to the …

ILS Investors Could Help Fill Cyber Re/Insurance Protection Gap if Hurdles Are Overcome

The cyber re/insurance protection gap provides an opportunity for insurance-linked securities (ILS) investors, which historically have filled the gaps where traditional capital has either retrenched or is unavailable, according to a report published by S&P Global Ratings. “The demand for …

Lloyd’s Insurers Must Exclude Catastrophic State-Backed Cyber-Attacks

Lloyd’s insurers must exclude state-backed cyber-attacks in standalone (or affirmative) cyber policies if they reach a catastrophic threshold, according to a Lloyd’s market bulletin issued this week. However, the exclusion would include liability for losses arising from both war- and …

UK Water Supplier Hit by Cyber Attack, Highlighting Critical Infrastructure Vulnerabilities

A company that supplies water to more than 1.5 million people in the UK disclosed it was hit by a cyber attack in an incident security experts said highlighted potentially dangerous vulnerabilities in the country’s critical infrastructure. South Staffordshire Plc …

Security Firm Finds Cyber Vulnerabilities at Indian Online Insurance Aggregator

NEW DELHI (AP) – Last month, a cyber-security startup told a major Indian online insurance brokerage it had found critical vulnerabilities in the company’s internet-facing network that could expose sensitive personal and financial data from at least 11 million customers …

Cyber Attacks Plague Taiwan After Pelosi Visit Enrages Beijing

As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she received from government officials and the public was in sharp contrast with a different sort of message that …

Reuters: EU Finds Evidence Employees’ Smartphones Compromised by Spyware

The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy software, the bloc’s top justice official said in a letter seen by Reuters. In a July 25 letter sent to …

Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers

Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked data on the jeweler’s high-profile clients, according to a London lawsuit. Graff, that counts Middle East royalty among its client …