Like ‘Terminator,’ high-tech cyber crime to ‘keep coming’

Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime – and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc (8630.T) said on Tuesday.
One password allowed hackers to disrupt Colonial Pipeline, CEO tells senators

The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single password.
U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers

The Justice Department on Monday recovered some $2.3 million in cryptocurrency ransom paid by Colonial Pipeline Co, cracking down on hackers who launched the most disruptive U.S. cyberattack on record.
U.S. officials up pressure on firms, foreign adversaries over cyberattacks

U.S. officials on Sunday ratcheted up pressure on companies and foreign adversaries to fight cybercriminals, and said President Joe Biden is considering all options, including a military response, to counter the growing threat.
Exclusive: U.S. to give ransomware hacks similar priority as terrorism

The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.
Meatpacker JBS says all facilities operating after weekend cyberattack

All of meatpacker JBS SA’s (JBSS3.SA) global facilities are fully operational after a weekend cyberattack disrupted much of its North American and Australian operations, the company said on Thursday.
White House warns companies to step up cybersecurity

The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a meatpacking company and a southeastern oil pipeline.
U.S. to boost pipeline cyber protections in wake of Colonial hack

The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack, with announcements of actions planned in coming days, the Department of Homeland Security (DHS) said on Tuesday.