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Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. billion claim against the insurers.
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 groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. Winter was the least active time (14.6%
Black Basta ransomware affiliates have breached over 500 organizations between April 2022 and May 2024, FBI and CISA reported. The FBI, CISA, HHS, and MS-ISAC have issued a joint Cybersecurity Advisory (CSA) regarding the Black Basta ransomware activity as part of the StopRansomware initiative. ” reads the CSA.
Systems at Xchanging, a subsidiary of Global IT services and solutions provider DXC Technology was hit by ransomware over the weekend. Global IT services and solutions provider DXC Technology disclosed a ransomware attack that infected systems at its Xchanging subsidiary. Securities and Exchange Commission (SEC). Pierluigi Paganini.
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.
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.
The Black Basta ransomware gang infected over 300 victims accumulating ransom payments exceeding $100 million since early 2022. The Black Basta ransomware group has been active since April 2022, like other ransomware operations, it implements a double-extortion attack model. ” reads the Elliptic’s report.
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.
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.
authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. “I don’t think this is an accident—this is how ransomware groups talk to each other,” Stockley said.
Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. ” In early October, 2023, the ALPHV/BlackCat ransomware gang added McLaren Health Care to the list of victims on its Tor leak site.
rail and locomotive company Wabtec Corporation disclosed a data breach after it was hit with Lockbit ransomware attack. It manufactures products for locomotives, freight cars and passenger transit vehicles, and builds new locomotives up to 6,000 horsepower. .” Follow me on Twitter: @securityaffairs and Facebook and Mastodon.
A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The researchers assess with high confidence that the group is using the leaked Babuk ransomware source code.
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.
ZeroSevenGroup extracted a huge quantity of information from Toyota’s environments, including network information and credentials, “We have hacked a branch in United States to one of the biggest automotive manufacturer in the world (TOYOTA). We are really glad to share the files with you here for free.
Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Ransomware Protection and Recovery Steps. Ransomware removal tools. Ransomware recovery services. Data backup.
As a vertically integrated company, Luxottica designs, manufactures, distributes and retails its eyewear brands, including LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, Eyemed vision care plan, and Glasses.com. Luxottica was hit by a ransomware attack that took place on September 18.
Suzuki or otherwise, buying a new vehicle is an intense experience with complicated credit, insurance, documentation, and contracts. Rarely do car manufacturers sell their cars directly. Ransomware breached the UK’s second-largest car dealer with 160 showrooms last year. We’ve grown to trust our local car sellers.
London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. For the insurance industry, working with clients to help them tackle these challenges is vital to ensuring businesses operate in as safe an environment as possible.
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. population 12,046, paid $460,000, respectively, for ransomware decryption keys. Ransomware attacks are trendy again,” Weller told me. “If
Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.” . “The victimology is quite random and opportunistic rather than highly targeted, which makes it even more dangerous and widespread.
According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. The weighted average loss for Fortune 500 companies [$44 million] is on a par with some of the biggest ransomware payouts ever – and this IT outage wasn’t caused by a malicious attack!
For the second month in a row, ransomware has dominated our list of data breaches and cyber attacks. Of the 128 publicly disclosed incidents that we discovered in May, more than 40% of them were ransomware attacks. Ransomware. Ransomware. Cyber attacks. Data breaches. Financial information. In other news…. Cyber attacks.
ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.
Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.
suffers second ransomware attack in months Having been struck by a ransomware attack in October by the BlackSuit group , which led to operations and appointments being postponed, Akumin Inc. has suffered a second attack, this time by the BianLian ransomware group. Source (New) Manufacturing Canada Yes 1.2 Akumin Inc.
Ransomware. British Dental Association records leaked on the dark web (5,524) Australian aged care firm Regis hit by ransomware (unknown) ?Canon Cyber attacks. million) CO-based Mental Health Partners says an employee’s account was hacked (unknown) Sumitomo Forestry Co., Hitachi Chemical Co. Data breaches. Financial information.
We’re not even halfway through 2020, and already it’s been a record-breaking year for ransomware attacks. Manufacturing giant Honda had its networks brought to a standstill by just such an attack. Manufacturing giant Honda had its networks brought to a standstill by just such an attack. What can CEOs do?
35 TB of data exfiltrated from Henry Schein, plus ALPHV/BlackCat re-encrypted the newly restored files As we first reported last month , the US healthcare solutions provider Henry Schein announced on 15 October that it had suffered a cyber attack that caused disruption to its manufacturing and distribution businesses.
In the midst of all this, organisations across Europe have reported delays as a result of alleged state-sponsored attacks – including Toyota’s Japanese plants and a kettle manufacturer in the Isle of Man. Ransomware. Ransomware. Meanwhile, you can find the full list of cyber attacks and data breaches for February 2022 below.
Ransomware. Ransomware. We’ll have a separate post looking at the year’s data breaches and cyber attacks in more detail, but in the meantime, you can find the full list of December’s incidents below. As usual, incidents affecting UK organisations are in bold. Cyber attacks. Data breaches. Financial information. In other news….
[link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x
In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »
Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023). Breached organisation: D-Link Corporation, Taiwanese networking equipment manufacturer. Records breached: Unknown. TB of data).
Schneider Electric hit by Cactus ransomware The Sustainability Business division of the energy company Schneider Electric suffered a ransomware attack on 17 January, disrupting the company’s Resource Advisor platform. Data breached: 13,300,000 records.
Fortunately, vendor surveys identify five key cybersecurity threats to watch for in 2024: compromised credentials, attacks on infrastructure, organized and advanced adversaries, ransomware, and uncontrolled devices. No specific tool exists to defend specifically against nation state attacks, ransomware gangs, or hacktivists.
According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about.
Hudson: We have about 400 customers worldwide: big banks, big airlines, airplane manufacturers, big payment card companies, big health care insurers, big retailers. With ransomware, or denial of service or almost any type of attack, there’s no need for a human to log on to the system. We see, everyday, what they’re up against.
For life sciences and pharmaceutical companies, this includes data on the development and testing of new therapies and details of how therapies are manufactured. In the 2017 WannaCry attack, for example, cyber criminals used ransomware to prevent victims from accessing their IP unless a ransom was paid. What are the threats?
Top 10 biggest breaches # Organisation name Known data breached 1 Real Estate Wealth Network 1,523,776,691 2 TuneFab >151,000,000 3 Dori Media Group >100 TB 4 Organisations with DICOM server >59,000,000 5 Rosvodokanal 50 TB 6 Comcast Cable Communications, LLC (Xfinity) 35,879,455 7 Tecnoquadri Srl 33,000,000 8 Asia Insurance Co.
8 TB of data exfiltrated from Advantage Group International Following an outage affecting its leak site (see the ‘Enforcement’ section below), the ALPHV/BlackCat ransomware group is listing only a single incident: a data breach affecting the business management consultant Advantage Group International. GB Goa Natural Gas Pvt.Ltd.
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