President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
There appears to be an arms race by hackers to steal computing power from the public cloud to mine cryptocurrencies, RedLock co-founder and CEO Varun Badhwar told CNBC on Thursday.
Cryptojacking, a process whereby hackers deploy software that exploits a computer's central processing unit to mine cryptocurrency, is on the rise, said Badhwar, whose firm specializes in cloud security.
"Money doesn't grow on trees but it, in fact, does today with cryptocurrencies," Badhwar told "Squawk Box."
The soaring value of cryptocurrencies, a growing billion dollar market, is prompting hackers to shift their focus from stealing data to pilfering computing power.
"What we're facing today is attackers, instead of going after and stealing data, are trying to find free effectively or cheap [computing] resources to use to complete these transactions," he said.
Last week, RedLock revealed Tesla's Amazon Web Services cloud account was compromised by hackers and used for cryptocurrency mining, a process where miners solve complex mathematical problems to validate a transaction and add it to the underlying network.
RedLock didn't specify which cryptocurrency was mined in the cyberbreach. Tesla stated that its investigation founded no indication that customer privacy or vehicle safety had been violated in the breach.
"We're not sure what the financial impact of Tesla was," Badhwar said Thursday. "We have seen in a couple of days they can rack up to a quarter million dollars worth of compute bills for the customers. And, yes, they can get away with thousands of dollars worth of cryptocurrency."
Badhwar, whose firm is made up of security experts and former entrepreneurs of successful cloud security companies, said security programs for the cloud are currently very immature.
"What it really takes is it getting very mature quickly on cloud security programs, getting good monitoring controls to make sure you're understanding who's getting into your environment."
— CNBC's Ryan Browne contributed to this report.