FedEx cyber attack News

FedEx Goes Cyber Insurance Shopping After Profit Takes Hit from Attack

Package delivery company FedEx Corp. said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast. The company said the cyber attack slashed 79 cents …

Firms Hit by Cyber Attack Could Face Lawsuits over Lax Security: Legal Experts

Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp. itself enjoys strong protection from lawsuits, legal experts said. …

Global Cyber Attack Expected to Continue but Malware Spread Slows

Governments and companies around the world began to gain the upper hand against the first wave of an unrivaled global cyber attack, even as the assault was poised to continue claiming victims this week. More than 200,000 computers in at …

Global Cyber Attack Temporarily Disabled by Security Specialist

The cyber attack that spread rapidly around the globe was stifled when a security researcher disabled a key mechanism used by the worm to spread, but experts said the hackers were likely to return as many computers remain at risk. …