Cybersecurity

Hacking Risk Shadows U.S. Business as Russia Threatens Critics

Biden administration says no credible threats exist but are urging businesses to strengthen their cyber defenses.

Photographer: Thomas Trutschel/Photothek/Getty Images

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A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against their computer networks as Russia on Thursday threatened “consequences” for nations that interfere with its invasion of Ukraine.

Their concerns, echoed in C-suites and around Washington, follow recent warnings from the Biden administration that U.S. firms should harden their defenses against potential cyberattacks that could disrupt the nation’s critical infrastructure.