Cyberattack

Cyber attack costs weigh on Reckitt revenue forecast

LONDON (Reuters) - Reckitt Benckiser Group (RB.L) expects muted sales growth this year, after last month's global cyber attack exacerbated ongoing difficulties at the British consumer goods firm.<p>The maker of Durex condoms and Lysol disinfectants has been struggling for months with fallout from a …

Markets

Reckitt targets ‘challenged’ as cyber attack effects linger

Reckitt Benckiser said on Monday operations had still not returned to normal everywhere after a cyber attack last month that affected dozens of …

Markets

The week ahead in business and finance

<b>Monday</b><p>It’s been a busy time of late for consumer goods giant Reckitt Benckiser with the completion of its acquisition of Mead Johnson, the sale of its food business and a cyber attack all in the space of just over a month.<p>Investors cheered last week’s disposal of its food business for $4.2bn …

Markets

A cyberattack is going to cause this tech company to miss earnings

Nuance Communications shares fell Friday after the voice and language technology company said a recent global malware attack will impact its earnings.<p>…

Markets

Commons committee was hit by cyber attack

<b>Seventy seven people who sent personal information to a Commons select committee have been told it may have been compromised in a cyber attack.</b><p>In its latest update on the attack in June, the Commons says 39 mailboxes were hit - fewer than 0.5% of 9,000 Parliamentary accounts.<p>But among them was a …

Cybersecurity

Qatar crisis: What you need to know

On June 5, Saudi Arabia, along with several Arab allies, cut diplomatic ties with Qatar in a move that sent shockwaves throughout the Middle East and …

Middle East

Hackers in U.A.E. Linked to Cyberattack in Qatar That Helped Trigger Gulf Rift

Interior ministry doesn’t connect Emirati government to incident but claim is expected to heighten tensions between the Gulf neighbors<p>Qatar said Thursday hackers in the United Arab Emirates were linked to a cyberattack on its state-run media, an episode that helped spark the Gulf’s worst diplomatic …

Middle East

Obama produced plan to counter potential Election Day cyberattack: report

Former President Obama's administration reportedly crafted a plan last year to combat a potential cyber hack on Election Day.<p>The plan, reported by …

Elections

FCC admits it didn’t document alleged cyberattack

The Federal Communications Commission now claims to have no data on a DDoS attack that took down its website in May, just months after stating it had "gigabytes" of documentation on the incident. The supposed attack followed talk show host John Oliver redirecting viewers to the FCC's comment …

Net Neutrality

FCC Now Says There Is No Documented 'Analysis' of the Cyberattack It Claims Crippled Its Website in May

The Federal Communications Commission intends to keep secret more than 200 pages of documents related to an alleged cyberattack that the agency says …

Net Neutrality

Qatari websites hacked: As cyber warfare gains prominence, countries may be at risk without even realising it

The reports of 'fake news' cyber attack on Qatari news agencies and the vehement denial by the United Arab Emirates (UAE), brings to mind one of PG …

Islamic State (ISIS)

June cyberattack hit Ukraine hospitals

The cyberattack that ripped through Ukraine on June 27 disrupted operations at several hospitals and pharmacies, knocking out scanners and briefly leaving patients in limbo. Ukrainian officials blame Russia, but Moscow denies any responsibility. (July 19) AP

Ukraine

Old technology leaves mining companies vulnerable to cyber attack, expert warns

Bruce Bechly got a rude shock when he tried to fire up the computers one morning at the camping and fishing store he manages in Broome.<p>The store's …

Cybersecurity

Cyberattack on Ukrainian clinics, pharmacies worries experts

KIEV, Ukraine (AP) — Dr. Lidiia Podkopaieva was about to click "send" on an order of new surgical instruments when her computer monitor suddenly went dark.<p>She speed-dialed the clinic's technician but didn't even have time to tell him what was wrong.<p>"We're under cyberattack," he told her. "Switch …

Ukraine

Global cyber attack could cost $53 billion, report warns

In the last 12 months, we’ve had Wannacry, Russian election hacking, and a Gmail scam that hit millions. But we haven’t yet had a Hurricane …

Cyber-attacks

TalkTalk quarterly revenues dip; outlook unchanged

UK broadband provider TalkTalk has reported a dip in its quarterly revenues as it seeks to revamp the business after years of weak growth.<p>In a …

Cyber-attacks

Cost of global cyber attack could match massive hurricane

A massive, global cyber attack on a cloud service provider could cost as much as $53 billion, about the amount of damage incurred by Superstorm …

Cybersecurity

Religare Hit By Cyber Attack of ‘Medium Severity’

The attack comes at a time of heightened focus on cyber security after global businesses were recently hit by two infections containing ransomware …

Cybersecurity

Global Cyber Attack Could Cost $121.4 Billion, Lloyd's Estimates - Bloomberg

A global cyber attack could result in damages of as much as $121.4 billion in an extreme event, comparable to economic losses caused by Hurricane …

Cyber-attacks

Daily briefing: Wanda warning; KKR succession; Peltz aims for P&G

<b>Sign up to receive FirstFT by email here</b><p>Chinese banks have been warned by regulators against lending to Dalian Wanda as the serial acquirer comes …

Avocado Toast

FedEx says cyber attack to hurt full-year results

(Reuters) - Package delivery company FedEx Corp (FDX.N) said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.<p>FedEx's shares fell as much as 3.4 percent to $211.53 in early trading as the company said the financial impact of the …

Cybersecurity

Global cyber attack could cost up to $120bn, warns Lloyd’s

Global cyber attacks pose a huge risk to businesses and governments, resulting in average economic losses of between $4.6bn and $53bn, according to a …

Cybersecurity

FedEx sees "material" financial impact from June cyberattack

• FedEx (NYSE:FDX) says it is still evaluating the financial impact of last month's cyberattack but "it is likely that it will be material."<br>• FDX says …

Stock Markets

Russian hackers hit Ireland's power grid in another cyberattack on UK's critical infrastructure

Although there is no evidence to suggest that Irish energy networks were disrupted, security experts reportedly believe hackers have stolen …

Cybersecurity

Damages From a Well Executed Cyber Attack Could Reach $121.4 Billion

Lloyd’s of London, one of the world's largest insurers, warns that a well executed cyber attack could cause damages around to world ranging from …

Cybersecurity

Lloyd's - Extreme Cyberattack Could Cost $120 Billion, As Much As 0.2% Of Global GDP

Lloyd’s, the insurance market, has come out with a warning that an extreme cyberattack could cost as much as $120 billion–that’s as much as 0.2% of global GDP, or less than 10% of the annual addition to global GDP. All of which means that yes, $120 billion is real money but it’s not exactly an …

Opinion

Extreme cyber attack could cause $120bn in economic damage

An extreme cyber attack could cause more than $120bn of economic damage, according to new estimates from Lloyd’s of London. That would make it more …

Cybersecurity

Irish energy networks being targeted by hackers

Hackers have targeted Irish energy networks amid warnings over the potential impact of intensifying cyber attacks on crucial infrastructure.<p>Senior …

Cybersecurity

Cyber Attack Continues to Haunt Maersk as World’s Largest Carrier Struggles to Recapture Volumes

By Mike Wackett (The Loadstar) – Maersk Line continues to struggle to regain its cargo volumes after the ransomware cyber attack two weeks ago. In …

Merchant Shipping

Cyber attack targets Ramsdens 34,000 click-and-collect customers

The firm said there was no evidence that information has been taken but it is setting up a hotline for those concerned

Security