The former head of the U.K.'s National Cyber Security Centre warns that destructive ransomware targeting large enterprises is likely to surge in 2023, adding that recent attacks on Royal Mail and The Guardian newspaper are examples of these early-stage attacks.
An international sting operation on Tuesday shut down the operations of cryptocurrency exchange Bitzlato Ltd. as FBI agents hauled co-founder Anatoly Legkodymov into a Miami jail to face U.S. federal charges of conducting an unlicensed money-transmitting business.
Ransomware syndicates continue to earn massive profits for criminals while disrupting victims' operations worldwide. Security researchers tracking known victims say their numbers remain unchanged from 2021 to 2022, as attackers tap abundant cybercrime services to help amass fresh victims.
The U.S. federal government put the healthcare sector on alert for indicators of BlackCat and Royal ransomware, characterizing them as "highly capable" threats. The good news, says a cybersecurity expert, is that a solid defense-in-depth strategy can foil the ransomware-as-a-service groups.
Three Australian law firms teamed up in a bid to have private health insurer Medibank pay victims of a data breach caused by Russian ransomware hackers up to $20,000 per person. Hackers late last year staged data leaks of stolen medical treatment data to maximize humiliation.
The notorious LockBit 3.0 ransomware group runs just like a business, focusing on recruiting top talent and maintaining an advanced product - which has led to the group's longevity. But the operators' insecurities could be key to the group's undoing, says security researcher Jon DiMaggio.
In this episode of "Cybersecurity Unplugged," Steve Stone of Rubrik Zero Labs discusses the State of Data Security Report, which focuses on the impact of cybersecurity attacks on IT leaders, especially CISOs. Stone outlines areas of concern after an attack and changes needed to improve security.
Two specialty medical care firms - a Texas-based home healthcare agency and a Pennsylvania-based women's and family health clinic - are reporting 2022 ransomware breaches that in total affect nearly 600,000 individuals. Ransomware criminals are hitting a wide range of healthcare providers.
A maker of software used to manage shipping vessel operations says it has shut down its servers after detecting a ransomware attack. Norwegian classification society DNV, maker of ShipManager software, says onboard software functionally continues to operate.
Pity the overworked ransomware gang - say, LockBit - that just "discovered" one of its affiliates hit Britain's postal service. But until Western governments find a way to truly disrupt the ransomware business model, operators remain free to keep spouting half-truths and lies at victims' expense.
In 2023, we'll see ransomware groups exploring new methods to get money from the same victims and entering the "the fifth generation of ransomware." Cybereason field CISO Greg Day shares his predictions for cybersecurity trends this year, from cloud security to deepfake scams.
The prolific ransomware group LockBit has been tied to the recent disruption of Britain's national postal system, as Royal Mail reports it remains unable to send international letters or parcels. While LockBit has enjoyed unusual longevity, could this attack be its undoing?
The cyber incident at the Royal Mail that is impeding exports from the United Kingdom is reportedly a ransomware attack by the LockBit ransomware-as-a-service group. Britain's national postal service told customers Thursday not to post export items.
As regulators push healthcare entities and vendors to make it easier for patients to access their electronic health information, organizations must balance compliance with the prevention of potential security breaches, says attorney David Holtzman of HITprivacy LLC.
Trend Micro spotted operators of the Gootkit malware loader targeting the Australian healthcare sector. Trend Micro doesn't assert the Gootkit campaign is behind a ransomware attack against the country's largest private health insurer but says the "recent campaign might remind us of this incident."
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