Norwegian aluminum giant Norsk Hydro estimates that it may have lost more than $40 million in the first week following the ransomware attack that disrupted its operations.
Norsk Hydro became the latest company to be hit by hackers in a ransomware attack as one of Europe’s leading aluminium producers suffered stoppages at several of its plants.
Resources firm takes 10 per cent stake in Sapien Cyber.
location of choice for cybersecurity businesses
Joondalup companies such as Sapien Cyber are changing the industrial cyber security landscape by bringing together world-leading expertise with state-of-the-art technology. This company is reaping the benefits of locating their cybersecurity business in Joondalup.
A cyber crime syndicate has hacked and scrambled the medical files of about 15,000 patients from a specialist cardiology unit at Cabrini Hospital and demanded a ransom.
Car maker Toyota has been hit by a cyber attack in Australia, with employees locked out of their emails for days.
One of Australia’s senior military figures says the threat of cyber attacks against the nation’s infrastructure and military networks is on the rise.
Major General Marcus Thompson leads the Information Warfare Division, which was set up in mid-2017 with the aim of providing both defensive and offensive cyber capabilities.
In his first media major interview, he told the ABC the job of protecting Australia from serious cyber threats was only becoming more challenging.
All passwords reset.
Parliamentarians and their staff have been forced to reset passwords after an apparent malicious attack against the parliamentary computing network overnight.
Multinational food and beverage company, Mondelez, has launched a legal case against its insurance provider, Zurich after it rejected a $100 million (£78.5 million) claim for damage caused by a ransomware attack.
The firm, which owns the Cadbury, Toblerone and Ritz brands, was hit twice by NotPetya ransomware in 2017. Mondelez claimed that the attack had left 1,700 of its servers and 24,000 laptops “permanently dysfunctional”.
It said its property insurance policy with Zurich covered “physical loss or damage to electronic data, programs, or software, including physical loss or damage caused by the malicious introduction of machine code or instruction”.
A new variant of the Shamoon malware was discovered on the network of Italian oil and gas contractor Saipem, where it destroyed files on about ten percent of the company’s PC fleet.
Cyber attackers mainly look to spy and steal information from the energy and utility sectors, to be used in carefully orchestrated attack campaigns that tend to unfold over many months.
Hackers have infected three energy and transport companies in Ukraine and Poland with sophisticated new malware and may be planning destructive cyber attacks, research from security vendor ESET shows.
The head of the Onslow Water and Sewer Authority said in a news release Monday that its internal computer system, including servers and personal computers, were subjected to what was characterized as “a sophisticated ransomware attack.”
With over 100,000 known exploits, most organizations cannot patch vulnerabilities fast enough to keep up. This indicates that cybercriminals are not only developing new technologies and strategies to exploit potential victims, but they are also becoming more selective in the way they leverage those exploits, focusing on those that will generate the biggest bang for the buck.
Two major international ports fell victim to cyber-attacks within the span of a week, putting the shipping industry on alert for a possible threat actor targeting the entire sector.