Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Investing

Water utility American Water disconnects computers following ‘cybersecurity incident’

(Reuters) – U.S. water and sewage utility American Water (NYSE:AWK) said it has paused billing, yanked its customer service, and disconnected some of its computers following an unspecified “cybersecurity incident.”

In a statement on its webpage, American Water said it learned of “unauthorized activity” on its computer network on Oct. 3 and has since disconnected an unspecified number of systems “to protect our customers’ data and prevent any further harm to our environment.”

The New Jersey-based company, which says it provides service to more than 14 million people in 14 U.S. states, did not immediately return a message seeking comment on the incident.

Although the details of the breach were not disclosed, organizations in the U.S. and abroad have struggled for years to defend against and contain incursions by ransom-seeking cybercriminals, who regularly hack into groups’ computers and encrypt the data to extort vast sums of money in cryptocurrency payments.

This post appeared first on investing.com







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Australia is home to a thriving tech sector with investment opportunities across a variety of subsectors. The tech sector contributed about AU$167 billion to...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Investing

    Overview Energy Fuels (TSX:EFR,NYSE:UUUU) has been the largest producer of uranium in the United States and an emerging producer of rare earth elements (REEs)....

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com