A ransomware attack last fall on a company that provides billing and other business services to health plans and hospitals resulted in a breach affecting more than 600,000 individuals, according to Michigan state officials. But what makes breach determination in ransomware attacks so difficult?
A variant of the long-running Ursnif banking Trojan is able to better evade security protection and has the ability to steal not only financial information but also email user accounts, the content of inboxes and digital wallets, researchers report.
Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
Citrix Systems is investigating a suspected hack attack, resulting in the theft of business documents, after being tipped off by the FBI. The breach alert follows Citrix recently disclosing that in late 2018, hackers breached some of its customers' accounts via credential-stuffing attacks.
Although organizations need to worry about phishing, malware and other inbound threats, they also must be aware that social media accounts pose an increasing risk - and they need to be monitored and locked down, says Otavio Freire of SafeGuard Cyber.
Four business sectors - hospitals, banks, securities firms and market infrastructure providers - potentially face the most significant financial impact from cyberattacks that could lead to a weakened credit profile, according to a new report from Moody's Investors Service.