In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
A new malware loader dubbed "Gootloader" is using search engine optimization techniques to spread ransomware, Trojans and other malware, the security firm Sophos reports.
The cryptocurrency company Tether has refused to pay a ransom of 500 bitcoins ($24 million) after hackers threatened to leak sensitive data if the company failed to pay.
Prolific Ryuk ransomware has a new trick up its sleeve. "A Ryuk sample with worm-like capabilities - allowing it to spread automatically within networks it infects" was recently discovered during an incident response effort, warns CERT-FR, the French government's computer emergency response team.
Ransomware continues to sting numerous organizations, and the problem only seems to be getting worse. More than ever, the onus is on potential victims to ensure they have essential defenses in place - and if possible, to proactively hunt for attackers who may already be inside their network.
There is a reason more than half of today’s ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organisation’s potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
Finnish IT giant TietoEVRY announced Tuesday that ransomware crippled its infrastructure, forcing it to take down affected systems to contain the spread of the malware.
French authorities are warning the country's healthcare sector of the discovery of a glut of stolen credentials, apparently belonging to hospital workers, that were found for sale on the dark web. The alert comes amid a recent rise in ransomware attacks on hospitals and other healthcare entities.
Be Ready for Ransomware
Ransomware is an old threat that just won't go away. While overall volumes have fallen from their peaks a few years ago, today's ransomware attacks are more targeted, more lucrative for attackers and more potentially damaging to your organisation.
Learn what to do before, during and...
SonicWall was recently attacked via a zero-day flaw in one of its own products. Curiously, SonicWall hasn't said much about the extent and damage of the breach since its announcement. But there are strong indications it may have been targeted by an extortion attempt.
The "Cuba" ransomware gang has hit Seattle-based Automatic Funds Transfer Services, which processes data from California's Department of Motor Vehicles as well as many cities in Washington. Victim organizations say AFTS is investigating the incident and that an unknown amount of individuals' data was exposed.
Individuals suspected of providing hacking, logistical and financial support to the Egregor ransomware-as-a-service operation have been arrested by police in Ukraine as part of a joint operation with French cybercrime police coordinated by Europol, according to a French media report.
The Fonix ransomware gang has closed down its operations and has released a decryptor key, according to Malwarebytes and Kaspersky. But security researchers warn the gang, like others, might re-emerge with new tactics.
The latest edition of the ISMG Security Report features an analysis of the persistent threat of ransomware. Also featured: Sorting out breaches tied to Accellion’s File Transfer Appliance; an update on fraud trends in 2021.
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