Connect with us

Business

Medical giant confirms global network disruption amid suspected pro-Iranian hack

Published

on

Medical giant confirms global network disruption amid suspected pro-Iranian hack

Michigan-based medical device company Stryker announced on Thursday it is experiencing a “global network disruption” to its Microsoft suite following a cyberattack that may have ties to a pro-Iranian group.

Fox News spoke to a Stryker employee based in Boise, Idaho, who confirmed the attack and said they were unable to access their network. 

Advertisement

The employee said they were advised to avoid connecting to any Stryker VPN networks or software on any device, and coworkers’ work phones were wiped Wednesday morning. 

Cyber security IT engineer working on protecting network against cyberattack from hackers on internet.

FILE PHOTO – Cyber security IT engineer working on protecting network against cyberattack from hackers on internet.  (iStock / iStock)

SILICON VALLEY ENGINEERS CHARGED WITH STEALING GOOGLE TRADE SECRETS AND TRANSFERRING THEM TO IRAN

In a message to customers, Stryker confirmed it is experiencing a global network disruption to its Microsoft environment as a result of a cyberattack. 

“We have no indication of ransomware or malware and believe the incident is contained,” Stryker wrote. “Our teams are working rapidly to understand the impact of the attack on our systems.”

Advertisement

A pro-Iranian hacktivist group later took to social media to claim responsibility for the cyberattack. 

The hackers, who alleged Stryker was a “Zionist-rooted corporation,” claimed 200,000 systems were affected and 50 terabytes of data were extracted.

cyber attack

It is unclear who is responsible for the cyberattack. (Reuters / Reuters Photos)

META CEO TO TESTIFY IN HIGH-STAKES TRIAL THAT COULD COST BIG TECH BILLIONS

Stryker has not yet confirmed the group’s involvement.

Advertisement

The same hacking group claimed to have breached New York City-based company Verifone, which provides technology for electronic payment transactions to 75% of the top retailers, according to the company’s website.

Ticker Security Last Change Change %
SYK STRYKER CORP. 345.82 -12.87 -3.59%

A spokesperson for Verifone told FOX Business the claims are false.

“Verifone closely monitors the security and integrity of its systems worldwide,” the spokesperson said. “We have observed recent allegations on March 11 from threat actors claiming an intrusion into our systems in Israel. Verifone has found no evidence of any incident related to this claim and has no service disruption to our clients.” 

hacking victim

Additional details about the cyberattack have not been released. (iStock / iStock)

CLICK HERE TO GET FOX BUSINESS ON THE GO

Advertisement

Stryker did not immediately respond to FOX Business’ request for comment.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

a.k.a. Brands Holding Corp. (AKA) Presents at UBS Global Consumer and Retail Conference Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q4: 2026-03-05 Earnings Summary

EPS of -$1.35 misses by $0.54

 | Revenue of $163.95M (3.10% Y/Y) misses by $501.80K

a.k.a. Brands Holding Corp. (AKA) UBS Global Consumer and Retail Conference March 11, 2026 4:00 PM EDT

Company Participants

Ciaran Long – Chief Executive Officer

Advertisement

Conference Call Participants

Jay Sole – UBS Investment Bank, Research Division

Advertisement

Presentation

Jay Sole
UBS Investment Bank, Research Division

All right. Well, hello again. I’m Jay Sole, UBS’ retailing department stores and specialty softlines analyst. And welcome again to the 2026 UBS Global Consumer and Retail Conference. Really excited to have a.k.a. Brands here again to talk to us. I have to say that there’s a very big fan in my household of Princess Polly and it’s my 15-year-old she loves it. So I think that…

Advertisement

Ciaran Long
Chief Executive Officer

We appreciate your 15-year-old and we appreciate you and your credit card.

Jay Sole
UBS Investment Bank, Research Division

Advertisement

That’s right. So…

Ciaran Long
Chief Executive Officer

It’s great for us.

Advertisement

Question-and-Answer Session

Jay Sole
UBS Investment Bank, Research Division

Advertisement

So there’s a really good story here. And I think that we are going to dive into a little bit. But maybe just before we kind of dig into some of the nuances of why my kid loves your brand. Let’s just talk about high level the business model. It gives us a little bit of overview for anybody who might not be totally up to speed on the company and what you guys do, just maybe start there.

Ciaran Long
Chief Executive Officer

Thanks for having me. Delighted to be here. Yes. So at a.k.a., we’re a group of next-generation fashion brands, very much focused on that Gen Z millennial consumer. We started off all of the brands very much direct to consumer. And over the last couple of years, we started bringing the brands into wholesale, into stores and really just putting product in front of customers wherever they are, certainly, very early days as

Advertisement
Continue Reading

Business

Atmos Energy: A Stable Income Growth Stock In Uncertain Times (NYSE:ATO)

Published

on

Atmos Energy: A Stable Income Growth Stock In Uncertain Times (NYSE:ATO)

This article was written by

Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

General Motors recalls over 17,000 vehicles due to crash risk defect

Published

on

General Motors recalls over 17,000 vehicles due to crash risk defect

General Motors has issued a recall affecting more than 17,000 vehicles over a rear toe link fracture that increases the risk of a crash.

The recall from General Motors applies to about 17,050 Buicks due to a rear toe link fracture that can cause loss of vehicle control, increasing the collision risk, the National Highway Traffic Safety Administration (NHTSA) said in a recall report.

Advertisement

Certain 2012–2013 Buick Regal Turbo and GS trim-level vehicles that were sold or registered in more than 20 “high corrosion” states are included in the recall. More specifically, about 4,751 2012 Buick Regals and about 12,299 2013 Buick Regals.

GM TAKES $7B HIT AFTER SHIFTING EV STRATEGY DUE TO SLOWING DEMAND

2012 Buick Regal

The recall from General Motors applies to about 17,050 Buicks due to a rear toe link fracture that can cause loss of vehicle control. (Steve Fecht/General Motors via Getty Images / Getty Images)

The “high corrosion” states include Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia and Wisconsin.

Vehicles in Washington, D.C., were also included.

Advertisement
Buick Regal GS parked outside of a car dealership

About 4,751 2012 Buick Regal vehicles and about 12,299 2013 Buick Regal models were included in the recall. (Getty Images / Getty Images)

Only about 1% of the vehicles included in the recall may have a defect, which was caused by a supplier’s failure to properly apply corrosion protection.

General Motors said no injuries have been reported in connection with the issue that triggered the recall, which was submitted on Tuesday.

TOYOTA RECALLS 550,000 VEHICLES OVER SEAT DEFECT

GM HQ

General Motors said no injuries have been reported in connection with the issue that triggered the recall. (Paul Hennessy/SOPA Images/LightRocket via Getty Images / Getty Images)

 CLICK HERE TO GET FOX BUSINESS ON THE GO

Advertisement

General Motors dealerships will replace the rear suspension toe links and adjuster fasteners at no cost. Owner notification letters are expected to be mailed on April 13.

The recall expands on multiple others the automaker has filed since late last month about the same issue.

Continue Reading

Business

Oil hits $100 a barrel despite deal to release record amount of reserves

Published

on

Oil hits $100 a barrel despite deal to release record amount of reserves

It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.

Continue Reading

Business

US stock market remains calm, even as oil prices rise

Published

on

US stock market remains calm, even as oil prices rise

The US stock market remained calm Wednesday, even as the price of oil got back to rising.

Continue Reading

Business

St George signs MOU with Brazilian firm

Published

on

St George signs MOU with Brazilian firm

Three days after being added to the ASX All Ordinaries, rare earths developer St George Mining has taken another key step at its flagship Brazilian project.

Continue Reading

Business

Rates Spark: Inflation Expectations On The March Again

Published

on

Rates Spark: Inflation Expectations On The March Again

Rates Spark: Inflation Expectations On The March Again

Continue Reading

Business

LAX approves rideshare fee hike for companies like Uber, Lyft

Published

on

LAX approves rideshare fee hike for companies like Uber, Lyft

If you take an Uber or Lyft from Los Angeles International Airport (LAX), your ride could soon cost more.

The Los Angeles Board of Airport Commissioners on Tuesday approved an increase in rideshare fees, raising the charge from $4 to as much as $12 per trip, a move Uber is warning will affect both riders and drivers, FOX 11 reported.

Advertisement

Under the new plan, rideshare vehicles will pay a $6 base fee to enter LAX. An additional $6 fee will apply for pickups or drop-offs at the airport’s Central Terminal Area, according to FOX 11.

WAYMO LANDS FIRST PERMIT TO TEST SELF-DRIVING CARS IN NEW YORK CITY

Travelers wait at Los Angeles International Airport

Travelers wait for rideshare pickups at the LAX-it rideshare pickup location at Los Angeles International Airport March 10, 2026, in Los Angeles.  (Justin Sullivan/Getty Images / Getty Images)

Right now, rideshare companies pay about $4 per pickup or drop-off. Taxi companies pay $4 for pickups, while limousines pay $5. Taxis and limos are not charged for drop-offs, according to FOX 11.

Airport officials say the higher fees are meant to reduce traffic congestion and encourage travelers to use the airport’s new SkyLink automated people mover once it opens, according to ABC7 Los Angeles.

Advertisement

“To be able to be dropped off there will be a $2 increase to the rideshare companies,” Vanessa Rodriguez, deputy executive director of external affairs at Los Angeles World Airports, told ABC7 Los Angeles. 

“As the new front door to the airport, essentially a traveler will be able to get on the SkyLink train and do the full loop of the horseshoe in 10 minutes.”

UBER PARTNERS WITH CHINESE TECH GIANT TO ROLL OUT DRIVERLESS VEHICLES ACROSS MULTIPLE GLOBAL MARKETS

Cars outside LAX

Vehicles at LAX in Los Angeles June 29, 2023.  (Brittany Murray/MediaNews Group/Long Beach Press-Telegram via Getty Images / Getty Images)

However, Uber says the fee will be passed directly on to all travelers and would be nearly triple the $4.24 average across major U.S. airports.

Advertisement

“The board’s decision significantly increases the cost of getting to and from LAX,” Danielle Lam, head of local California policy at Uber, told FOX Business in an email. “A 140% fee hike will directly impact riders and reduce demand for drivers who rely on airport trips.”

Higher passenger fees usually reduce demand for airport trips, limiting drivers’ earning opportunities. The proposed LAX fee increase could result in approximately $1,000 in lost earnings per driver each quarter, according to Uber.

UBER ANNOUNCES FEATURE ALLOWING WOMEN TO SELECT FEMALE PREFERENCE FOR RIDERS, DRIVERS

Ride-sharing companies Uber and Lyft are threatening to leave Minneapolis over a new mandate guaranteeing a minimum wage for drivers.

The Uber and Lyft logos on a sign. (Smith Collections/Gado via Getty Images / Getty Images)

“We support investments that improve the airport experience, but they must be transparent and balanced,” Lam added.

Advertisement

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Los Angeles World Airports and Lyft did not immediately respond to FOX Business’ request for comment.

Continue Reading

Business

Form 13D/A BJs RESTAURANTS For: 11 March

Published

on


Form 13D/A BJs RESTAURANTS For: 11 March

Continue Reading

Business

Independent Kimberley fuel importer now WA's cheapest petrol retailer

Published

on

Independent Kimberley fuel importer now WA's cheapest petrol retailer

One of Western Australia’s most remote bowsers is now also its cheapest, offering diesel at a discount of more than 50 cents per litre compared to Perth outlets.

Continue Reading

Trending

Copyright © 2025