Krebs on Security

MARCH 5, 2024

healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. BlackCat is known as a “ransomware-as-service” collective, meaning they rely on freelancers or affiliates to infect new networks with their ransomware. There are indications that U.S.

Healthcare 352

Healthcare Ransomware Scams Government 352

Security Affairs

JUNE 18, 2024

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Today, this tactic has evolved, where ransomware operators in nearly every case first exfiltrate sensitive data and then threaten to publicly expose it if a ransom demand is not paid.

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Ransomware Cryptocurrency Insurance Cybercrime 141

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Cyber Insurance 119

Cyber Insurance Insurance Marketing Small Business 119

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

SecureWorld News

NOVEMBER 14, 2024

Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.

Healthcare 90

Healthcare Ransomware Identity Theft Data breaches 90

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Cyber Insurance 101

Cyber Insurance Insurance Risk CISO 101

CSO Magazine

MARCH 22, 2022

Cybercrime can be a very lucrative career choice—if you don’t mind participating in illegal activity or the possibility of getting arrested. Unfortunately with the growth in Ransomware as a Service (RaaS) and the breadth of the cybercrime ecosystem , the challenge is not going away anytime soon. There is no question about it.

Cyber Insurance 83

Cyber Insurance Insurance Cybercrime Ransomware 83

Security Affairs

AUGUST 20, 2024

Toyota has confirmed a data breach after a threat actor leaked 240GB of data stolen from its infrastructure on a cybercrime forum. Toyota disclosed a data breach after a threat actor leaked an archive of 240GB of data stolen from its systems on a cybercrime forum, BleepingComputer reported.

Data breaches 119

Data breaches Cybercrime Financial Services Hacking 119

Security Boulevard

OCTOBER 21, 2024

It is good to see US government leaders realize that ransomware is a growing existential threat to our country, at the hands of our adversaries. A top US national cybersecurity advisor stated in a recent op-ed , “This is a troubling practice that must end.” The government is looking at ways to disrupt ransomware attacks.

Ransomware 75

Ransomware Insurance Cyber Insurance Government 75

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Most commonly, it’s cited with regard to ransomware attacks in the workplace, or associated data loss. Personal insurance plans are slowly becoming a more visible and talked about topic. So far, so good.

Cyber Insurance 77

Cyber Insurance Insurance Backups Cryptocurrency 77

Security Affairs

MAY 21, 2021

The US insurance giant CNA Financial reportedly paid a $40 million ransom to restore access to its files following a ransomware attack. CNA Financial, one of the largest insurance companies in the US, reportedly paid a $40 ransom to restore access to its files following a ransomware attack that took place in March.

Insurance 100

Insurance Ransomware Cybercrime Hacking 100

Malwarebytes

OCTOBER 14, 2024

Last week on ThreatDown: Hands-on-keyboard (HOK) attacks: How ransomware gangs attack in real-time Ransomware insurance is funding cybercrime, says White House official 5 tools IT admins should block right now Stay safe! Our business solutions remove all remnants of ransomware and prevent you from getting reinfected.

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Data breaches Surveillance Insurance DDOS 108

CyberSecurity Insiders

NOVEMBER 13, 2022

Already, from the past two months, the IT infrastructure owned by the government agencies such as telecom and insurance are being constantly targeted by state funded hackers. In case of ransomware, the victim is being asked to shell out millions to free up data.

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Ransomware Insurance Cryptocurrency Cybercrime 130

Security Affairs

OCTOBER 25, 2024

“Change Healthcare can confirm we are experiencing a cybersecurity issue perpetrated by a cybercrime threat actor who has represented itself to us as ALPHV/Blackcat.” In early March, the Alphv/BlackCat ransomware gang claimed responsibility for the attack and added the company to its Tor leak site.

Data breaches 129

Data breaches Healthcare Cybercrime Insurance 129

Security Affairs

AUGUST 10, 2024

A INC Ransom ransomware attack this week disrupted IT and phone systems at McLaren Health Care hospitals. On Tuesday, an INC Ransom ransomware attack hit the McLaren Health Care hospitals and disrupted their IT and phone systems. McLaren Health Care is a nonprofit health care organization based in Grand Blanc, Michigan, USA.

Ransomware 133

Ransomware Insurance Data breaches Cyber Attacks 133

Krebs on Security

DECEMBER 13, 2021

The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware.

Healthcare 292

Healthcare Ransomware Antivirus Hacking 292

SecureList

MAY 8, 2024

Ransomware attacks continue to be one of the biggest contemporary cybersecurity threats, affecting organizations and individuals alike on a global scale. As we approach International Anti-Ransomware Day, we have analyzed the major ransomware events and trends. The third most active ransomware in 2023 was Cl0p.

Ransomware 122

Ransomware Encryption Small Business Cybersecurity 122

Security Affairs

JULY 13, 2024

The American drugstore chain giant Rite Aid suffered a data breach following a cyberattack in June conducted by the RansomHub ransomware group. On May 2023, Rite Aid suffered another cyberattack, it was one of the hundreds of organizations that were breached in the MOVEit hacking campaign by the Cl0p ransomware gang.

Data breaches 139

Data breaches Ransomware Hacking Insurance 139

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies. Slow Gains on Storage and Backup Security. Organizations typically house a LOT of data.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Krebs on Security

AUGUST 5, 2024

A ransomware group called Dark Angels made headlines this past week when it was revealed the crime group recently received a record $75 million data ransom payment from a Fortune 50 company. ThreatLabz found Dark Angels has conducted some of the largest ransomware attacks to date, and yet little is known about the group.

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Ransomware Insurance Healthcare Education 232

Security Affairs

MAY 16, 2024

Electronic prescription provider MediSecure in Australia suffered a ransomware attack likely originate from a third-party vendor. The company was forced to shut down its website and phone lines following a cyber attack, but it did not mention a ransomware attack. .” ” reported ABC. million customers.

Ransomware 132

Ransomware Data breaches Government Insurance 132

Security Affairs

NOVEMBER 8, 2022

Australian health insurer Medibank confirmed that personal data belonging to around 9.7 million current and former customers were exposed as a result of a ransomware attack. of current and former customers were exposed as a result of a recent ransomware attack. SecurityAffairs – hacking, ransomware). million customers.

Ransomware 98

Ransomware Insurance Data breaches Cybercrime 98

Security Affairs

JULY 11, 2024

The ransomware attack that hit Dallas County in October 2023 has impacted more than 200,000 individuals exposing their personal information. In October 2023 the Play ransomware group hit Dallas County, Texas, and added the city to its Tor leak site claiming the theft of sensitive documents from multiple departments.

Ransomware 129

Ransomware Identity Theft Data breaches Insurance 129

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Remember, prevention is key when it comes to ransomware attacks. Nope, says a renowned international bank from UK.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Security Affairs

JUNE 2, 2023

After the recent ransomware attack, Point32Health disclosed a data breach that impacted 2.5 In April, the non-profit health insurer Point32Health took systems offline in response to a ransomware attack that took place on April 17. ” As of the time of writing, no ransomware group has taken responsibility for the attack. .”

Ransomware 98

Ransomware Insurance Data breaches Cybersecurity 98

Krebs on Security

NOVEMBER 14, 2024

for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. In February, he and Ermakov were arrested on charges of operating a short-lived ransomware affiliate program in 2021 called Sugar (a.k.a. Shefel claims his Sugar ransomware affiliate program was a bust, and never generated any profits.

Retail 208

Retail Advertising Cryptocurrency Cybercrime 208

Javvad Malik

FEBRUARY 27, 2023

According to a German study, lightning strikes accounted for 80% of wind turbine insurance claims. The German electric power company Energieerzeugungswerke Helgoland GmbH shut down and dismantled their Helgoland Island wind power plant after being denied insurance against further lightning losses.

Insurance 140

Insurance Social Engineering Manufacturing Cybercrime 140

Security Affairs

SEPTEMBER 28, 2023

Johnson Controls International suffered a ransomware attack that impacted the operations of the company and its subsidiaries. Johnson Controls International announced it has suffered a ransomware attack that impacted many systems of the company, Bleeping Computer reported. ” reported Bleeping Computer. .”

Ransomware 138

Ransomware Insurance Technology Encryption 138

Security Affairs

OCTOBER 6, 2023

Hospitality and entertainment company MGM Resorts announced that the costs of the recent ransomware attack costs exceeded $110 million. In September the hospitality and entertainment company MGM Resorts was hit by a ransomware attack that shut down its systems at MGM Hotels and Casinos.

Ransomware 139

Ransomware Insurance Banking Hacking 139

Security Affairs

NOVEMBER 17, 2023

Toyota Financial Services discloses unauthorized activity on systems after the Medusa ransomware gang claimed to have hacked the company. TFS offers various financial products, including auto loans, leases, and insurance solutions.

Financial Services 140

Financial Services Hacking Ransomware Data breaches 140

Security Affairs

MAY 14, 2024

The Singing River Health System revealed that the ransomware attack that hit the organization in August 2023 impacted 895,204 people. At the end of August 2023, the systems at three hospitals and other medical facilities operated by Singing River Health System (SRHS) were hit by a Rhysida ransomware attack.

Identity Theft 133

Identity Theft Ransomware Data breaches Insurance 133

Security Boulevard

MAY 24, 2024

Inglorious Basta(rds): 16 days on, huge hospital system continues to be paralyzed by ransomware—and patient safety is at risk. The post Black Basta Ascension Attack Redux — can Patients Die of Ransomware? appeared first on Security Boulevard.

Ransomware 135

Ransomware Risk Social Engineering Healthcare 135

Security Affairs

APRIL 16, 2024

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. The chipmaker has 14,000 employees as of 2024.

Ransomware 140

Ransomware Manufacturing Hacking Insurance 140

Security Affairs

OCTOBER 1, 2023

Bleeping Computer last week reported that Johnson Controls International has suffered a ransomware attack that impacted many systems of the company. Threat actors initially breached the systems at Asia offices, the ransomware also targeted the VMware ESXi servers. reported Bleeping Computer. ” reads the article published by CNN.

Ransomware 144

Ransomware Insurance Technology Encryption 144

Security Affairs

DECEMBER 16, 2023

The Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). Another healthcare organization suffered a ransomware attack, the Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). ” reported the Seattle Times. “If

Ransomware 141

Ransomware Hacking Insurance Healthcare 141

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 118

Data breaches Cybercrime Cyber Insurance Marketing 118

Security Affairs

MAY 29, 2023

MCNA Dental is one of the largest US dental care and oral health insurance providers. The security breach exposed the personal information of current or former provider of dental/orthodontic care to members of certain state Medicaid and Children’s Health Insurance Programs, for which MCNA provides dental benefits and services.

Ransomware 98

Ransomware Insurance Data breaches Identity Theft 98