minimal amount of work data during the ransomware attack and the hackers have not leaked that data toshiba says darkseid was behind the attack the same russian hacking group that was blamed for crippling a major u.s. pipeline company earlier this week following that hack u.s. president joe biden urged russia to crack down we do not believe in for said we do not believe the russian government was involved in this attack but we do have strong reason to believe that the criminals who did the attack are limine in russia ransomware attacks have been increasing in number hackers steal data encrypted and seek payment in crypto currency from its owners to unlock it darkseid lets its confederates hack into targets then it handles the ransom negotiation and the data release. our financial correspondent chelsea delaney is following this for us and sent us this assessment this series of cyber attacks we've seen in recent weeks has shone a light on how vulnerable our digital systems really are cyber attacks have been on the rise for years they've been getting more and more sophisticated more and more a

another ransomware attack this time targeting the toshiba a japanese and a tronics making says its european operations were hit claiming credit for the same crime syndicate that cost target on the us fuel supplies just days ago. also coming up global commodity prices are booming in some cases up to 400 percent year on year we talked to the president of a girl in bass a think tank to find out what's behind the said which. welcome to do that new business i want to get johnson well and good to have you with us well ireland's health service operator has shut down all its i.t. system to protect it from a quote significant ransomware attack crippling diagnostic services and forcing hospitals to cancel many appointments and that's just the latest incident we heard about earlier today to she said it's you european unit was hit by a cyber attack just as the company was to release its profit forecast japanese public t.v. says the attack was carried out by russian hacker group and dockside to the same syndicates u.s. authorities blamed for the ransomware attack on colonial pipeline days ago that cost

minimal amount of work data during the ransomware attack and the hackers have not leaked that data toshiba says darkseid was behind the attack the same russian hacking group that was blamed for crippling a major u.s. pipeline company earlier this week following that hack u.s. president joe biden urged russia to crack down we do not believe emphasize we do not believe the russian government was involved in this attack but we do have strong reason to believe that the criminals who did the attack are live mean can russia run somewhere attacks have been increasing in number hackers steal data encrypted and seek payment in crypto currency from its owners to unlock it darkseid lets its confederates hack into targets then it handles the ransom negotiation and the date to release our financial correspondent chelsea delaney is following this for us and sent us this assess that. this series of cyber attacks we've seen in recent weeks has shown a light on how vulnerable our digital systems really are cyber attacks have been on the rise for years they've been getting more and more sophisticated more a

minimal amount of work data during the ransomware attack and the hackers have not leaked that data toshiba says darkseid was behind the attack the same russian hacking group that was blamed for crippling a major u.s. pipeline company earlier this week. following that hack u.s. president joe biden urged russia to crack down we do not believe emphasize we do not believe the russian government was involved in this attack but we do have strong reason to believe that the criminals who did the attack are live mean can russia ransomware attacks have been increasing in number hackers steal data encrypted and seek payment in crypto currency from its owners to unlock it darkseid lets its confederates hack into targets then it handles the ransom negotiation and the data release. our financial correspondent chelsey delaney is following this for us and sent us this assessment. this series of cyber attacks we've seen in recent weeks has shown a light on how vulnerable our digital systems really are cyber attacks have been on the rise for years they've been getting more and more sophisticated more and mo

for more on that i'm joined by chelsea delaney in frankfurt chelsea 1st colonial pipeline toshiba what's going on. well there's still a lot we don't know about the attack this was reported this morning and it was it came ahead of earnings results from to did release those results of they seem to have access to their systems still it seems that the attack was targeted at their european business which is headquartered here in germany whether they paid ransoms to get access to their systems all of this is still very unclear but in the light of the cloning pipeline talk as well it's certainly something that's more and more concerning for businesses you say i mean cyber attacks becoming more common nowadays is this the cost of doing business. yeah it's really a booming business cyber hacking we've seen over the past several years more and more cyber attacks like these but really this changed a lot last year during the pandemic we saw global ransomware attacks rise by about 485 percent according to one cyber security firm and part of that was because we saw this sudden shift to remote working

toshiba says it was hacked by the same group that shut down the u.s. pipeline.all street journal is reporting about hat hackers known as darkside are -- the hackers known as darkside are shutting down operations with pressure from u.s.. finally, i push for greater gender equality and french boardrooms. france's national assembly approved a new draft law that requires companies with more than 1000 employees to have women as 30% of senior management by 2027 and 40% by 2030. some worry it's not enough but others say it is necessary to ingrained in the frencheply mentalities, and many respects society remains patriarchal end is from an editorial. it had to the senate next for final approval. i'm sure many would agree with that assessment. carts the potential for progress. thank you -- >> the potential for progress. it is time for a short break but i will be back in a few minutes with more world news. >> fake news, noun. false stories that appear to be news spread on the internet or using other media. at france 24, our job is to provide you with information that has

. >> reporter: and tonight, news that another company, toshiba, was hacked ten days ago by the same russian linked group known as darkside. the company saying the amount of work lost was very minimal. overseas, ireland's health service was targeted by a ransomware attack just today, though there's no indication the darkside group was involved, several hospitals were forced to cancel elective surgeries. abc news has confirmed that colonial did pay a ransom to the hackers. many businesses have insurance policies that protect them from losses from cyberattacks. experts say hackers exploit that for their benefit. >> they do research and find out which companies have insurance, and so they set their ransom based on this research that they've done to figure out what a company might be willing to pay. >> reporter: and david, darkside released a statement earlier today saying they had disbanded but experts say it's more likely their operations were disrupted by law enforcement. david? >> resch we aerielle reshef wit tonight. thank you. >>> overseas, the deadly violence intensifying between israel a

another ransomware attack this time targeting the toshiba a japanese and a tronics maker says its european operations were hit claiming credit the same crime syndicate the course tomahawk on the us fuel supplies just days ago. also coming up global commodity prices moving in some cases up to full on.

nikkei reporting toshiba is considering forming an advisory panel to boost its corporate value, and on data front we are watching out of japan, looking at the current account balance. later this hour we might see the circle us -- surplus widening. haidi: let's get back to softbank earnings, what a blowout that was. yoshi saying it has developed the largest quarterly profit for a japanese company, double the $9 billion previous record from sheba. so he says he is not getting the success he deserves. what about these record numbers? is this something sustainable going forward? >> certainly the investment business was the real story behind the earnings. softbank's investment arm boosted a ¥3.3 trillion profit in the second quarter. the company booked $24.5 billion gains on the investment thanks to the ipo just a couple months ago. it was by far the biggest contribution. the next biggest one was a german company that went public above 1.8 billion. some companies like uber and doordash have less value. whether it is sustainable, i guess we are going to find out in the coming quarters. haidi

in japan, tons of earnings coming out including from honda, toshiba.ont, japan has recommended stronger virus measures in five more prefectures. organizers of the tokyo olympics are seeking to ease concerns over the potential spread of infections when athletes and delegations arrive. organizers say no cases of new coronavirus emerged during the recent test events involving more than 700 athletes and 6000 staff. japan is a specter to host more than 6000 -- for the games. haidi: the disney ceo says new guidance for relaxing mass requirements could be a big catalyst for growth. the company reported second-quarter earnings that beat estimates on revenue and earnings per share. disney plus subscribers felt short of expectations. >> we have now launched in a number of markets across the world. we have not been disappointed yet in terms of the uptake in subscribers in each of the markets we have grown. we have executed a little bit differently in each pete's -- each piece of the world. regardless of that diversity of how we have gone to market, we have been d

toshiba is one of them. group was up over 7% at one stage, it had big beef with its first quarter operating income numbers. we got toshiba at 1.7% down, returning 1.4 billion dollars to shareholders. the king at options of business, including proposals to make it private. a number of private companies are interested in taking over. hyundai was out with analysts estimates. mitsui also, likewise, analysts estimates with soured loans. japan second-biggest lender. a lot more on the way, this is bloomberg. ♪ (announcer) do you want to reduce stress? shed pounds? do you want to flatten your stomach? do all that and more in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you to maintain comfortable, correct form. that means better results in less time. you can do an uncomfortable, old-fashioned crunch or an aerotrainer super crunch. turn regular planks into turbo planks without getting down on the floor. and there are over 20 exercises to

japanese movers, honda up 3%, toshiba up 1.7%. plenty more to come.s is bloomberg. ♪ (announcer) back pain hurts, and it's frustrating. you can spend thousands on drugs, doctors, devices, and mattresses, and still not get relief. now there's aerotrainer by golo, the ergonomically correct exercise breakthrough that cradles your body so you can stretch and strengthen your core, relieve back pain, and tone your entire body. since i've been using the aerotrainer, my back pain is gone. when you're stretching your lower back on there, there is no better feeling. (announcer) do pelvic tilts for perfect abs and to strengthen your back. do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me, it works 100%. (announcer) think it'll break on you? think again! even a jeep can't burst it. give the aerotrainer a shot. pain and stress is the only thing you have to lose. get it and get it now. your body will thank you. (announcer) find out more at aerotrainer.com. that's aerotrainer.com. >> it's 10:29 a.m. in

we also hear toshiba is finalizing which advisors will conduct a strategic review.ent partners called for one after -- made a bid to take the company private. president biden has reportedly settled on an ambassador to japan. sources tell us around manual is the pick. in korea, the finance minister will hold an emergency economic meeting at 10:00 a.m. local time. we will also be watching samsung and sk hynix. they were the most shorted in the past session, with investors sharply increasing the bets against the chipmakers. a number of earnings do out, including from gaming companies reporting a bit earlier. plenty more to come. this is bloomberg. ♪ haidi: a quick check of the latest business flash headlines. zoom meetings may never go away, but visits to faraway clients are staging a comeback. 30 to 40 investment bankers traveling daily. a sign wall street -- trips are fewer than before the pandemic, but numbers are climbing. jamie dimon lamented business loss by not visiting clients when competitors did. hsbc's -- amid global restructuring and the pivot to asia. at l

she used a toshiba laptop computer. this is a surveillance film of her coming into her house.once she came to the the attention kind of threw a fluke. she was placed under surveillance while she was under surveillance. ironically her boyfriend shows up unannounced from miami one night about 10pm on a saturday evening knocks on the door. she starts screaming at him and won't let him in turned out later that she was in the midst of receiving a one-way voice link transmission, and she couldn't stop they always repeat the numbers twice so she had a second go at it, but she couldn't do that while he was there. so ultimately he was completely uninvolved, but she received the 25 year prison sentence. it was the most damaging case in the history of the defense intelligence agency, but traders don't stop there one of the most interesting is is that of greg burgesson and burgesson work for the department of defense security cooperation agency. he was in the position of being able to give input own technology that was going to be sold to taiwan defense equipment now, he was false flagged

. >> reporter: roger wicker has now sent a letter to the ceos of toshiba, seagate and western digital seeking information whether they have done business with huawei, specifically whether they are sending hard drives developed from u.s. software or technology to the company. in this letter, senator wicker says that this is a fact-finding process that is a precursor to a potential committee investigation. some of the things that they are looking for include whether the companies believe that the u.s.' rules prohibit shipment of these hard disks to huawei or any affiliates without a license, whether they have submitted such licenses to the u.s. departmene prevent u.s. businesses from working directly or supplying huawei we will see how the biden administration approaches this clearly now republicans taking a stand against huawei with this letter from senator roger wicker back to you. >>> still ahead, palantir seeing a major reversal after first plunging on the back of earnings we'll talk to a shareholder about where he sees the name heading next. >>> more exciting earnings coming after