Hello. The escalating conflict between Iran and Israel has cyber experts concerned that cyberattacks could spill over into places conventional weapons never would.

Information sharing and analysis centers for the U.S. food and agriculture and technology sectors warned their members to take extra precautions.

“Even attacks not directly targeting the U.S. could have indirect effects and cause disruptions to companies in the U.S.,” the ISACs said in a joint letter. 

Read our full story, which looks at Iran's capabilities.

Also today: 

• Canada's WestJet hacked at G-7 leaders gather in Alberta
• SEC drops planned cyber rules for investment advisers
• Tel Aviv's startups keep going amid missile blasts
• Scattered Spider takes aim at insurance companies
• And more

SEC drops proposed cyber rules for investment advisers, broker-dealers. The Securities and Exchange Commission without explanation has abandoned plans to enact new cybersecurity regulations for these financial-industry groups. The rules, proposed around the same time as those rolled out for public companies, would have required fuller disclosure of cyberattacks and stricter cyber risk obligations. (Cybersecurity Dive)

• Rafael Gold, managing general partner of venture firm VentureIsrael, has been working from an underground bomb shelter.
• “Missiles are landing in the heart of Israeli high tech,” said Shalev Hulio, chief executive and co-founder of cyber company Dream. 
• Read the full story.

Scattered Spider takes aim at insurance companies, Google cyber researchers say. The same hacking group suspected of attacks on retailers and Las Vegas casinos appears to be going after U.S. insurers, with social-engineering scams targeting help desks, Google said. (Cybersecurity Dive)

• Separately, France's SMABTP mutual insurance company said it is dealing with a suspected cyberattack at its Madrid unit. Ransomware group Qilin claimed to have stolen 200 gigabytes of data from the company. Asefa, the Madrid unit, shut down its website and other tech systems while it investigates. (Insurance Business)

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.