Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. The ransomware attack hit PerCSoft on the morning of Monday, Aug. West Allis, Wis.-based

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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.

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eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Reached by phone today, Jansson said he quit the company in August, right around the time Gunnebo disclosed the thwarted ransomware attack.

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Security Affairs

JANUARY 23, 2024

The Australian government announced sanctions for a member of the REvil ransomware group for the Medibank hack that occurred in 2022. The Australian government announced sanctions for Aleksandr Gennadievich Ermakov (aka GustaveDore, aiiis_ermak, blade_runner, JimJones), a Russian national who is a member of the REvil ransomware group.

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Krebs on Security

JANUARY 6, 2020

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. VCPI) was hit by the Ryuk ransomware strain. In mid-November 2019, Wisconsin-based Virtual Care Provider Inc.

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IT Governance

MAY 24, 2022

One of the most common ways to mitigate the risk of a cyber security incident is cyber insurance. These activities aren’t typically included in standard business insurance policies, which tend to only cover costs related to technical issues, such as corrupted hard drives and lost devices. million) to respond to a ransomware attack.

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Security Affairs

NOVEMBER 21, 2024

Mexico is investigating a ransomware attack targeting its legal affairs office, as confirmed by the president amidst growing cybersecurity concerns. Mexico’s president announced the government is investigating an alleged ransomware hack that targeted the administration’s legal affairs office. Knight, also known as Cyclops 2.0,

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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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Dark Reading

MARCH 11, 2020

To get back up and running quickly, and because it's cheaper, city and county governments often pay the ransom, especially if insurance companies are footing the bill. The result: More ransomware.

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Krebs on Security

OCTOBER 30, 2024

Change Healthcare says it has notified approximately 100 million Americans that their personal, financial and healthcare records may have been stolen in a February 2024 ransomware attack that caused the largest ever known data breach of protected health information. Image: Tamer Tuncay, Shutterstock.com. million individuals.

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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.

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IT Governance

OCTOBER 15, 2020

That’s why they organisations increasingly relying on cyber insurance policies to cover the costs when data breaches and cyber attacks occur. But just how helpful is cyber insurance? What is cyber insurance? How does cyber insurance work? What does a cyber insurance policy cover? Who needs cyber insurance?

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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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Security Affairs

FEBRUARY 28, 2024

healthcare organizations of targeted ALPHV/Blackcat ransomware attacks. healthcare organizations of targeted attacks conducted by ALPHV/Blackcat ransomware attacks. The advisory updates to the FBI FLASH BlackCat/ALPHV Ransomware Indicators of Compromise released on April 19, 2022 and on December 19, 2023.

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IT Governance

AUGUST 23, 2022

Cyber liability insurance helps organisations cover the financial costs of a data breach. Without insurance, organisations spend £3.6 By purchasing cyber liability insurance, organisations gain the resources they need at a fraction of the cost. What does cyber insurance include? First-party vs third-party insurance.

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Security Affairs

JULY 8, 2019

Government computer systems at La Porte County, Indiana, were shut down after a cyber attack hit them on July 6. Experts believe it was a ransomware attack. On July 6, a cyber attack brought down government computer systems atLa Porte County, Indiana. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

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Security Affairs

FEBRUARY 27, 2024

A BlackCat ransomware attack hit UnitedHealth Group subsidiary Optum causing an outage impacting the Change Healthcare payment exchange platform. A ransomware attack hit the UnitedHealth Group subsidiary Optum leading to an outage impacting the Change Healthcare payment exchange platform. ” reads the Reuters.

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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.

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Security Affairs

DECEMBER 9, 2023

Kentucky health system Norton Healthcare disclosed a data breach after it was a victim of a ransomware attack in May. Norton Healthcare disclosed a data breach after a ransomware attack that hit the organization on May 9, 2023. The security breach exposed personal information belonging to patients, employees, and dependents.

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The Last Watchdog

SEPTEMBER 20, 2019

Local government agencies remain acutely exposed to being hacked. However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Ransomware attacks are trendy again,” Weller told me. “If

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Security Affairs

AUGUST 17, 2021

Colonial Pipeline discloses a data breach of the personal information of thousands of individuals after the ransomware attack that took place in May 2021. Colonial Pipeline has started notifying more than 5000 people that had their personal information compromised after a ransomware attack that took place in May. Source WSJ.

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The Last Watchdog

SEPTEMBER 14, 2018

In March 2018, the city of Atlanta fell victim to a ransomware attack that shut down its computer network. It’s easy to think of it as a problem the federal government must address or something that enterprises deal with, but cybersecurity has to be addressed closer to home, as well. City agencies were unable to collect payment.

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IT Governance

AUGUST 25, 2022

Lloyd’s of London has announced that its insurance policies will no longer cover losses resulting from certain nation-state cyber attacks or acts of war. In a memo sent to the organisation’s insurance syndicates , Underwriting Director Tony Chaudhry said that Lloyd’s remains “strongly supportive” of policies that cover cyber attacks.

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Security Affairs

APRIL 8, 2020

On March 21, the Maze ransomware operators published some of the stolen files on their “leak site,” after the refusal of the research firm of paying the ransom. The attack took place on March 14th, 2020, when the Maze Ransomware operators exfiltrated data from the HMR’s network and then encrypt their systems.

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Security Affairs

MAY 13, 2021

FBI and DHS’s CISA have published a joint alert on DarkSide ransomware activity after the disruptive attack on Colonial Pipeline. FBI and DHS’s CISA have published a joint alert to warn of ransomware attacks conducted by the DarkSide group. The group provides Ransomware-as-a-Service (RaaS) to a network of affiliates.

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eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

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IT Governance

OCTOBER 4, 2021

Ransomware – malware that aims to prevent victims from accessing their data unless they pay their attackers – seems to be in the news more than ever before. Sophos’s most recent annual ransomware survey, The State of Ransomware 2021 , found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year.

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KnowBe4

MAY 22, 2023

Food for thought as discussed on May 18, 2023, an article posted in The Australian Insurance Council: Banning paying a ransom to cyber hackers is counter-productive where Andrew Hall, the Chief Executive of the Insurance Council of Australia (ICA), stated that “attempts to ban businesses from paying ransoms for cyber attacks risks eroding trust and (..)

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Security Affairs

FEBRUARY 4, 2020

The city of Racine joins to the long string of US municipalities that were hit with ransomware attack, it was forced offline following the infection. The city of Racine, Wisconsin, was hit with a ransomware, the incident took place on January 31, 2020. ” reported the GovernmentTechnology website.

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Security Affairs

SEPTEMBER 23, 2023

The City of Dallas revealed that the Royal ransomware gang that hit the city system in May used a stolen account. In May 2023, a ransomware attack hit the IT systems at the City of Dallas , Texas. CBS News Texas obtained an image the ransomware note dropped by the malware on the infected systems. ” continues the report.

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Security Affairs

OCTOBER 13, 2019

An Alabama hospital chain announced to have restored normal operation after paying the ransom request by crooks that infected its systems with ransomware. A hospital chain in west Alabama was recently hit by a ransomware attack that paralyzed its systems. ” reads the post published by the Associated Press. .

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IT Governance

AUGUST 12, 2020

Travelex has collapsed into administration seven months after it was crippled by ransomware. It was later reported that the REvil ransomware gang encrypted more than 5GB of sensitive data and demanded $6 million (about £4.6 Ransomware is one of the biggest threats facing businesses, so everyone must plan for an inevitable attack.

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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.

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Schneier on Security

MARCH 8, 2019

This will complicate things: To complicate matters, having cyber insurance might not cover everyone's losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S.

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IG Guru

MAY 21, 2021

“The word to get out today is that, regarding ransomware, we don’t pay and we won’t pay,” cybercrime prosecutor Johanna Brousse said at the hearing. The post Insurer AXA to Stop Paying for Ransomware Crime Payments in France via Insurance Journal appeared first on IG GURU. Only the U.S. Only the U.S.

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eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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