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Bank Info Security 3 months ago

Stryker Hack Affects First Quarter Results

Stryker Has Said It Doesn't Carry Cyber insuranceStryker notified regulators that its March cyberattack will impact the medtech maker's first quarter financial results. The company also does not appear to have a cyber insurance policy in place to help cover costs associated with the disruptive incident claimed by Iranian hackers.

Medical Device Manufacturer Hack Was Likely OpportunisticAn Iranian cyberattack on medical device maker Stryker's internal IT environment does not appear to affect connected products used by the company's healthcare clients. But an outage of Stryker's electronic ordering system could lead to supply chain issues for its customers.

Healthcare Hit Shows Symbols Matter as Iran Shifts Focus to Economic DamageCybersecurity experts say that the Handala "hacktivist" group that claimed credit for attacks against two American firms on Wednesday is run by the Iranian government. The shift to destructive cyberattacks parallels Iran's attempt to inflict greater economic damage on the United States and allies.

Disruption of Country's Biggest Bank Comes as Israel-Iran War IntensifiesA pro-Israel hacking group claims to have disrupted a major Iranian bank as hostilities between the two countries raged into their fifth day. Hacking group Gonjeshke said Tuesday morning it "conducted cyberattacks which destroyed the data of the Islamic Revolutionary Guard Corps' Bank Sepah."