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CybersecurityCybersecurity

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Inside the Race to Protect Submarine Cables From Sabotage

By Kim S. Nash

 

Hello. The U.S. and allies are turning to tech partners, patrols and new routes to defend crucial underwater infrastructure against Russia and China.

The conflict in Iran has raised new concerns, including that cable-laying and repair ships won’t be able to transit the Strait of Hormuz, delaying much-needed fixes or upgrades. Read more from WSJ.

Also today: This week's episode of the Dow Jones Risk Journal podcast delves into Iran and insurance coverage for wartime cyberattacks.

More news:

  • Stryker says hack will eat into first-quarter results
  • New phishing campaign targets C-suite executives by name
  • Korea fines auctioneer Christie's for 2024 cyberattack and breach

 

 

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More Cyber News

PHOTO: PETER KNEFFEL/ZUMA PRESS

C-suite targeted: Hackers using a phishing-as-a-service tool known as Venom are targeting C-level executives with personalized emails. The goal is to steal Microsoft account credentials, by posing as a Microsoft Sharepoint notification asking recipients to scan a QR code, according to cyber company Abnormal AI. (Bleeping Computer)

  • CEOs, CFOs and other high-ranking leaders across 20 industries have been targeted by name since November, Abnormal said. 

PHOTO: IGOR GOLOVNIOV

/ZUMA PRESS

A March cyberattack at Stryker linked to pro-Iran hackers will eat into first-quarter financial results, the medical-device maker said. "In reaching this determination, the Company considered factors including the scope and duration of the operational disruption, the systems affected and the potential for customer, regulatory and other impacts," Stryker said Thursday in a regulatory filing. 

  • Stryker is due to report quarterly results on April 30. The company said it doesn't expect a material impact on its full-year results. 
  • More from WSJ Pro: Iran Expands War With Major Cyberattack Against U.S. Company
 

🎧 New episode: We dig into what the U.S.-Iran cease-fire means for the conflict and trade. Also, cyber insurance is struggling to keep up with threats from geopolitical flashpoints. James Rundle hosts.

  • Listen every Friday on Apple Podcasts, Spotify and Amazon.
 
308,777

Number of Eurail customers whose data was stolen in a December cyberattack, the European rail travel company said. The theft includes passport information, health data and other personal details, the company and the European Commission said. (Bleeping Computer)

CISO move: Martin Kessler joined S&P Global Mobility, a data provider for the auto industry, as CISO. Kessler most recently was deputy CISO at Verizon. He has also held senior cybersecurity roles at power company AES, the U.S. Department of the Interior and Deloitte.

  • S&P Global Mobility is set to spin off from parent S&P Global in an initial public offering this year. 

Data-breach fine: Korea's privacy watchdog hit auction house Christie's with a fine of 280 million won, about $189,000, related to a 2024 cyberattack that exposed the data of 620 Koreans. (Korea Herald)

  • The regulator cited Christie's for collecting personal identification numbers without a legal basis for doing so, storing data unencrypted and failing to report the incident within the mandated 72 hours of discovery.
 

About Us

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

 
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