Tag Archives: cyberattacks

Financial sector ‘on high alert’ for cyberattacks, CrowdStrike CEO says

Though cyberattacks have not been utilized heavily in the Ukrainian conflict to this point, the financial sector remains on high alert to the possibility. CrowdStrike (CRWD), an American cybersecurity company dedicated to preventing and combating security breaches, is one of several informational security corporations increasing vigilance in anticipation of possible cyberattacks. CEO George Kurtz discussed the prospect of cyber warfare in the conflict in Ukraine on a recent Yahoo Finance Live… Source link

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Russian cyberattacks could be ‘serious pain point’ for US economy: former FBI official

U.S. government agencies and American companies are bracing for potential Russian cyberattacks in the wake of Russia’s invasion of Ukraine and the imposition of U.S. sanctions. Russia has struck before — notably with its hack of the Colonial Pipeline, which cut off 45% of the fuel supply to the East Coast last May. Cybersecurity experts are warning of hits to infrastructure providers that could disrupt power supplies or other necessary services. One expert, a former executive at the… Source link

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Middle East Oil Giants Grapple With Cyberattacks

As the global oil and gas markets are recovering from the steep sell-off last Monday, threats in the market are not just linked to demand-supply concerns. Cybersecurity specialists reported this week that hackers managed to get access to a large amount of data from Saudi oil giant Aramco. The company has confirmed that around 1TB of (confidential) data was stolen from its servers. According to AP sources, the data has been put on offer on the darknet for a price of $50 million. It is at… Source link

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The worst is yet to come for cyberattacks

Wednesday, June 2, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Without new regulations, cyberattacks will just get more disruptive It seems like every other day cybercriminals go after a new industry and disrupt people’s lives. This time, it’s a ransomware attack that took out the servers of the world’s largest meat producer JBS,… Source link

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Secret Trump order gives CIA more powers to launch cyberattacks

The Central Intelligence Agency has conducted a series of covert cyber operations against Iran and other targets since winning a secret victory in 2018 when President Trump signed what amounts to a sweeping authorization for such activities, according to former U.S. officials with direct knowledge of the matter. The secret authorization, known as a presidential finding, gives the spy agency more freedom in both the kinds of operations it conducts and who it targets, undoing many restrictions… Source link

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