Sponsored Content is paid for by an advertiser. "What's especially great about this is that we can externally measure how they are doing -- since they make real, physical things -- and all current indicators show they are meeting the needs of their customers. Hydro is focusing on finding “a cure” to the virus as further deliveries will depend on it, according to Kallevik. While a sustained outage at the company’s downstream plants could cause turmoil for customers in end-use markets, prices are unlikely to react unless there’s a disruption to the supply of metal from the company’s primary production lines, Hamilton said. This field is for validation purposes and should be left unchanged. The company received $3.6 million in cyber insurance – out of $71 million incurred in damages after a massive March cyberattack. It's not unusual for enterprises to scale their applications to meet demand, but they need to be aware of the associated cloud ... Security tools from cloud vendors are convenient, but that doesn't mean they are always the right choice. Infosec Insider content is written by a trusted community of Threatpost cybersecurity subject matter experts. Attackers targeted a company with good security practices, yet used code that would have made it difficult to collect their extortion fee. Content strives to be of the highest quality, objective and non-commercial. Get the latest breaking news delivered daily to your inbox. Are leaders asking the right questions and ... Chromebooks are cost-effective endpoints that strip away desktop features for a simple desktop experience. The crippling ransomware attack on Norsk Hydro may have been a state-backed attempt to disrupt rather than extort money, and as such provides a “blueprint” for how similar future campaigns may work, Dragos has warned.. Start my free, unlimited access. Hydro became victim of an extensive cyber-attack in the early hours of Tuesday, March 19, 2019, impacting operations in several of the company's business areas. The ransomware attack brought a global manufacturing powerhouse to its knees, and with it more questions than answers about the hackers’ motivations. The segment has 22,236 employees and 140 production sites worldwide — representing a large chunk of the company’s overall business, which employs 35,000 people total in up to 40 countries. The crippling ransomware attack on Norsk Hydro may have been a state-backed attempt to disrupt rather than extort money, and as such provides a “blueprint” for how similar future campaigns may work, Dragos has warned..
At the time, the company said that IT systems in most business areas were impacted, including the digital systems at its smelting plants (used to produce a base metal from its ore): Norsk Hydro switched to manual operations for those, including several in Norway, Qatar and Brazil. Significant increase in targeted ransomware attacks on large companies and organizations globally Behind several of these attacks are nation-state actors that execute ransomware attacks with the end goal of causing harm rather than financial gain. Encrypted PCs and servers were rebuilt based on back-ups. China Gives Hackers Its Blessing to Break Into Vatican Email... Trump Team’s China Focus Distracts From Russia Election Medd... Company says attack originated in U.S.; some plants halted, Sustained disruption could cut supply of specialized products, Cyber Attack Cripples Aluminum Producer Norsk Hydro. A new ‘fork’ of the Cerberus banking trojan, called Alien, targets victims’ credentials from more than 200 mobile apps, including Bank of America and Microsoft Outlook.
"Compare that to where companies have hidden and minimized things. Father, Son Used-Car Sellers Get $5 Billion Richer in a Day, Stocks Whipsaw as Traders Weigh Odds of Stimulus: Markets Wrap, JPMorgan to Move $230 Billion Assets to Germany Under Brexit, A 32-Year-Old Finance Tycoon Looms in Obscure Stock Market, This Is Why Covid May Be Life-Threatening for Some Patients. The global pandemic caused mayhem on network security environments. Detailed information on the processing of personal data can be found in the privacy policy. It couldn’t detail how much output had been impacted, but said it had isolated affected plants. The Norsk Hydro cyberattack incident response has impressed experts, as the company switched to manual operations and has been very transparent while working to recover from ransomware.
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