America's largest water and wastewater utility dealing with cyberattack

Published On Oct 8, 2024, 6:00 PM

American Water, the largest water utility in the U.S., is currently dealing with a cyberattack that has impacted its billing and payment services. The company detected unauthorized activity in its systems on October 3 and has consequently taken its payment portal offline. While customers won’t face late fees or service cutoffs during this period, American Water has assured that its water supply remains safe for consumption. The company is working with cybersecurity professionals to resolve the issue and restore services.

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The situation reflects broader vulnerabilities in critical infrastructure, which could lead to increased scrutiny and regulation of utilities, potentially affecting future earnings and operational costs. The immediate impact on services does not seem to alter the water supply's safety, but investor confidence could waver due to data security concerns.

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America's largest water and wastewater utility dealing with cyberattack

Oct 8, 2024, 6:00 PM

The largest water and wastewater utility in the country, American Water, was hit by a cyberattack last week and took its customer payment portal offline while it mitigates the issue.

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