In the latest weekly update, four ISMG editors discussed the number of ransomware victims who are paying a ransom to cybercriminals, the need for greater cyber resilience during wartime, and the critical role of human risk management in organizational cybersecurity in the era of remote work.
An upstate New York hospital group has filed a lawsuit against cybercriminal group LockBit in a legal maneuver aimed at forcing a Boston-based cloud services firm to turn over patient data LockBit had stolen from the entities last summer and allegedly stored on the tech company's servers.
The court system of Victoria said it had experienced a serious cybersecurity incident in late 2023 that gave hackers access to video recordings of proceedings at multiple courts, including the Supreme Court and the County Court. The hack took place on Dec. 8 and was discovered two weeks later.
The count of known U.S. organizations that fell victim to ransomware last year - whether or not they paid a ransom - surged from 220 to 321, and hospital systems, K-12 school districts and post-secondary schools were especially affected, researchers report.
Brisbane-based retail group Eagers Automotive is investigating a cyberattack that disrupted parts of its regional operations and compromised the personal information of some of its customers. Eagers said Tuesday it doesn't know the full extent of the hack, but it has started notifying customers.
In conjunction with a new report from CyberEd.io, Information Security Media Group asked some of the industry's leading cybersecurity and privacy experts about 10 top trends to watch in 2024. Ransomware, emerging AI technology and nation-state campaigns are among the top threats.
Educational institutions are prime targets for ransomware and other cyberattacks due to their open nature and troves of sensitive data, requiring continuous investment in cyber defenses and strong security practices, said Steve Zuromski, CIO at Bridgewater State University in Massachusetts.
Hacks on healthcare sector entities reached record levels in 2023 in terms of data breaches. But the impact of hacks on hospital chains, doctors' offices and other medical providers - or their critical vendors - goes much deeper than the exposure of millions of health records.
Hackers carried out a double-extortion ransomware attack on medical software company ESO Solutions, exposing personal details and healthcare information of 2.7 million U.S. patients and encrypting some of the company's systems. Double-extortion attacks also exfiltrate data.
This week, MongoDB blamed a phishing email for causing unauthorized access to its corporate environment, hackers interrupted VF Corp. holiday shipping, Britain electrical grid operator National Grid dropped a Chinese supplier, German authorities shut down an online criminal bazaar, and more.
The BlackCat ransomware-as-a-service operation's putative "unseizing" of its leak site from the FBI is a stunt made possible by way the dark web handles address resolution, security researchers said Tuesday. The stunt was a "tactical error" that could alienate affiliates.
U.S. authorities seized dark web infrastructure of the BlackCat ransomware-as-a-service group, also known as Alphv, although the Russian-speaking threat actor said it has reestablished operations. The group's data leak site and its Tox instant messaging account went offline Dec. 7.
In the latest weekly update, editors at ISMG discuss whether police have seized ransomware group Alphv/BlackCat's data leak site, how fraudsters are adapting their tactics and techniques to exploit advancements in technology, and which cryptocurrency stories shaped the industry this year.
This week, French police arrested an alleged Hive "banker," Amazon cracked down on a refund fraud ring, Ukraine military intelligence said it hacked the Russian tax system, the U.K. Ministry of Defense was fined and Kraft Heinz said it is doing fine after an alleged ransomware attack.
Seeking to maximize profits no matter the cost, ransomware groups have been bolstering their technical prowess and psychological shakedowns with a fresh strategy: attempting to control the narrative. Experts are warning security researchers and journalists to beware being co-opted.
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