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Until Computer Hardware ONLY Tells the Truth, Trust Nothing You See On Your Computer
Accessnewswire· 2025-11-21 14:15
NEW YORK, NY / ACCESS Newswire / November 21, 2025 / Every headline about a cyberattack sounds the same: a breach, a leak, a compromise. Millions of files lost, systems paralyzed, trust shattered. ...
X @Polyhedra
Polyhedra· 2025-11-20 13:00
Why zkML? Because @AnthropicAI just disclosed the first recorded large-scale cyberattack orchestrated primarily by AI agents — with Claude executing 80–90% of the operation autonomously.When AI stops advising and starts acting, the verification gap becomes an attack surface. https://t.co/56ibAI6fPU ...
Cyberattack Cripples Asahi Operations, Lifts Rival Brewers
Insurance Journal· 2025-11-12 06:05
As Japan gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap — with its systems still crippled more than a month after a cyberattack disrupted its supply chain.The ransomware attack on Asahi Group Holdings Ltd. disabled its internal system that handled all orders and shipments online. As an emergency measure, the company reverted to processing them manually — in person, over the phone, and even by fax, a technology largely considered obsolete in modern bu ...
X @Bloomberg
Bloomberg· 2025-11-10 22:07
As Japan gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap — with its systems still crippled more than a month after a cyberattack disrupted its supply chain https://t.co/JuRRfxH4nF ...
X @Forbes
Forbes· 2025-11-10 16:12
Beware of the "I Paid Twice" hotel cyberattack. Here's everything you need to know: https://t.co/ls9tOUMbKJ ...
X @Bloomberg
Bloomberg· 2025-10-28 15:11
Cybersecurity Incident - A "catastrophic" cyberattack targeted the Arizona Federal Public Defender's office [1] - The cyberattack resulted in the reduction of backups to "data rubble" [1] - Court proceedings were delayed due to the cyberattack, impacting cases including those of individuals on death row [1]
S&P 500 Gains and Losses Today: Regional Banks Slump on Worries About Bad Loans; Data Storage Stocks Surge
Investopedia· 2025-10-16 21:45
Core Insights - Regional bank stocks experienced significant declines following Zions Bancorporation's announcement of a $50 million charge-off for bad loans, raising concerns about loan quality in the sector [1][3][8] - The broader U.S. equity markets closed lower amid ongoing U.S.-China trade tensions and the release of various earnings reports, with the Nasdaq down 0.5%, S&P 500 down 0.6%, and Dow down 0.7% [2] Regional Banks - Fifth Third Bancorp and Regions Financial were among the largest decliners in the S&P 500, each dropping nearly 6% after Zions Bancorporation's warning about charge-offs [3][8] - Western Alliance's shares fell approximately 11% due to issues with a fraudulent borrower, contributing to the negative sentiment in the regional banking sector [3][8] Data Storage and Memory Chip Sector - Companies in the data storage and memory chip sectors saw gains, driven by analyst upgrades and strong demand linked to AI growth [2][8] - Micron Technology's shares rose nearly 6% following price-target increases from Citi and UBS, citing expected benefits from supply shortages amid rising AI demand [9] - Western Digital and Seagate Technology also experienced stock price increases of about 5% and 3%, respectively, due to raised targets from Wedbush, indicating a tight supply outlook for data storage [9] Cybersecurity Sector - F5, a cybersecurity firm, saw its shares plummet nearly 11% after disclosing it was targeted by a significant cyberattack attributed to a nation-state actor [5] Logistics Sector - J.B. Hunt Transport Services' shares surged 22% after exceeding third-quarter sales and profit estimates, driven by improvements in efficiency and network balance in its intermodal business [6] Legal Issues - Kenvue's shares fell about 13% following a lawsuit in the UK alleging that its baby powder caused cancer, which echoes similar claims against its former parent company, Johnson & Johnson [4]
Jaguar Land Rover reveals shocking update in wake of cyberattack
Yahoo Finance· 2025-10-07 19:47
Core Insights - The cyberattack on Jaguar Land Rover (JLR) in September severely impacted the company's operations and financial performance [1][4] - The company had to halt production across all its global factories, leading to significant declines in both wholesale and retail sales [3][4] Company Overview - Jaguar Land Rover is owned by Tata Motors and was purchased from Ford in 2008 for $2.23 billion [7] - The company is the largest auto employer in the UK, with approximately 33,000 employees in the country and a total of 40,000 worldwide [7] Impact of Cyberattack - The cyberattack forced JLR to close its three factories in Britain, which produce around 1,000 cars daily, and affected its global operations, including factories in China, Slovakia, India, and Brazil [3][4] - In the second quarter, wholesale volumes dropped by 24% to 66,165 vehicles, while retail sales fell by 17% to 85,495 vehicles [4] - The most significant sales decline occurred in the UK, which was the epicenter of the cyberattack [5] Recovery Efforts - JLR announced that production would resume on October 8, with about 33,000 workers returning to their jobs after weeks of shutdown [6] - The company has been working with retailers to prioritize the delivery of vehicles to clients during the recovery process [6] Financial Outlook - JLR's revenue for 2024 is projected at £28.99 billion ($38.90 billion), with a net income of £2.57 billion ($3.45 billion) [7] - The full financial impact of the cyberattack will not be known until the company reports its Q2 results next month, but damages could potentially reach billions [8] Insurance Status - Reports indicate that JLR may not have been insured for the cyberattack, as it failed to finalize a cyberattack insurance deal before the incident [9]
Jaguar Land Rover Restarts Production; Provides Lifeline to Critical Suppliers
Yahoo Finance· 2025-10-07 15:57
Manufacturing Restart - Jaguar Land Rover (JLR) has restarted manufacturing after a cyberattack that halted production for over a month, beginning with two plants in the West Midlands [1] - Employees are returning to work at stamping operations in Castle Bromwich, Halewood, and Solihull, as well as body and paint shops in Solihull [2] Production Plans - JLR plans to restart vehicle manufacturing in Nitra, Slovakia, and reopen Range Rover lines in Solihull this week, with Halewood plant next in line [3] Financial Impact - The cyberattack has cost JLR nearly $7 million in profits daily, pushing some suppliers to the brink of collapse [3] - JLR's Q2 FY26 sales figures show wholesales down 24.2% and retail down 17.1% compared to the same period last year, impacted by the cyber incident and the wind down of legacy Jaguar models [7] Supplier Payment Initiatives - JLR has introduced a new financing scheme to pay suppliers upfront, improving cash flow by accelerating payments by up to 120 days compared to standard terms [5] - The company will reimburse financing costs for suppliers participating in the payment program during the restart phase, starting with critical suppliers [6]
Oracle Customers Targeted In Extortion Scheme Following Major Hacking Campaign - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Benzinga· 2025-10-03 13:21
Core Insights - Oracle Corporation has alerted its E-Business Suite customers about extortion emails following a significant hacking campaign [1][2] - The ransomware group cl0p is linked to the extortion campaign, which has been described as "high volume" by Alphabet Inc. [3] - Ransom demands from the cybercriminals have ranged from millions to tens of millions of dollars, with the highest demand reaching $50 million [4] Company Updates - Oracle has urged its clients to update their software to mitigate risks from known vulnerabilities exploited by hackers [2] - In September, Oracle appointed Clay Magouyrk and Mike Sicilia as co-CEOs, with Safra Catz transitioning to executive vice chair of the board [6] - An insider sale was executed by Naomi O. Seligman, a Director at Oracle, who sold 2,222 shares valued at approximately $641,958 [7] Industry Context - The cyberattack on Oracle's customers is part of a broader trend of high-profile hacking incidents affecting major corporations, including recent attacks on Google and TransUnion [4][5] - Google previously confirmed a data breach affecting its customers, attributed to a hacking group known as ShinyHunters [5]