cyber attacks News

U.S. Energy Regulator Pushes for Disclosure of Cyber Attacks on Electric Grid

The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid. The Federal Energy Regulatory Commission (FERC), an energy industry regulator, called for the power …

UK Financial Firms Need ‘Plan B’ for Inevitable Disruptions from Cyber Attack: BOE

Many U.K. financial firms don’t have a Plan B to fall back on if they’re hit by a cyber attack. The Bank of England wants to change that. Financial regulators told firms to come up with a detailed plan for …

Russian Hackers Planning ‘Massive Strike’ Against Ukraine: Cyber Police Chief

Hackers from Russia are infecting Ukrainian companies with malicious software to create “back doors” for a large, coordinated attack, Ukraine’s cyber police chief told Reuters on Tuesday. The hackers are targeting companies, including banks and energy infrastructure firms, in a …

Most Global Organizations Fail to Learn from Cyber Mistakes: WTW Survey

A majority of executives around the world feel their organizations can do better when it comes to learning from their past cyber mistakes, according to the results of a global survey conducted by The Economist Intelligence Unit (EIU) and Willis …

Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012

Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32 million) worth of coins stolen. The South …

Hackers Steal $32M from S. Korean Cryptocurrency Exchange Bithumb

South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital …

Insurer Liberty Faces Scrutiny from South Africa Regulator over Cyber Attack

Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack. The regulator said it was concerned about the data breach and wanted to …

South Africa Insurer Liberty Refuses to Pay Ransom Demand After Data Breach

Liberty Holdings Ltd., the South African insurer midway through an overhaul to improve profit, said it refused a ransom demand after hackers breached its information-technology infrastructure and accessed some emails. The stock fell the most since April 4. “We did …

Massive Cyber Attack of UK Retailer Dixons Carphone Prompts Data Watchdog Probe

The U.K.’s data-protection watchdog said it’s investigating a cyber attack at Dixons Carphone Plc that affected almost 6 million payment cards. The retailer, already struggling with a slowing mobile-phone market in the U.K. and the rise of Amazon.com Inc., said …

UK Banks Should Be on ‘War Footing’ over Rising Cyber Threats: Regulator

The Bank of England told banks to be ready for war against the mounting threat of crippling cyber attacks. “I would like our firms to be on a WAR footing: withstand; absorb; recover,” Lyndon Nelson, deputy chief executive of the …