Even companies that invest a lot in security can get hit — and hit hard. In this week’s news, perhaps the biggest story involves Microsoft and Russia. The Associated Press reports: Microsoft said Friday it’s still trying to evict the elite Russian government hackers who broke into the email accounts of senior company executives in November […]
The attack on United Healthcare’s Change Healthcare unit continues to cause major problems. Pharmacies are struggling to fill prescriptions, patients cannot get their medications, and payment processes for providers are impacted. The problems began February 21 after hackers, subsequently identified as the AlphV (BlackCat) group, gained access to UnitedHealth’s Change Healthcare unit. How they gained […]
The Record reports: The U.S. and partners around the world ousted Russian government hackers from a network of more than 1,000 home and small business routers, FBI Director Christopher Wray said on Thursday. The law enforcement action, dubbed Operation Dying Ember, has not been previously announced. “Working with U.S. and worldwide law enforcement partners we […]
BakerHostetler law firm is well-known for data breach incident response. They write, “Three years ago we set a new industry standard by creating our Digital Assets and Data Management (DADM) practice group, which now has more than 100 attorneys and technologists. Every year we organize and publish our collective insights in this report. It is […]
National Mortgage Professional reports: First American Financial Corporation was hit by a cyberattack on Wednesday, the company confirmed Thursday, forcing the company to take certain systems offline. The incident follows similar breaches at Fidelity National Financial (FNF), the mortgage and real estate industries’ largest underwriter of title insurance, on Nov. 19, and Mr. Cooper Group, one of the […]
The Straits Times reports: Another South Korean government-run online service suffered an outage on Nov 24, marking the fourth such failure within the past week. A website and mobile applications providing online ID services went down, according to the Ministry of the Interior and Safety. The breakdown in the government’s e-ID service on Nov 24 […]
As The Data Breach Times noted on November 12, the founder of the Poloniex cryptocurrency exchange offered to pay the thieves who stole an estimated $120 million from the exchange $5 million if they returned the rest of the funds. The hacker(s) didn’t respond at all. The government and ransomware experts repeatedly advise and urge […]
Bleeping Computer reports: Aerospace giant Boeing is investigating a cyberattack that impacted its parts and distribution business after the LockBit ransomware gang claimed that they breached the company’s network and stole data. Boeing says the incident did not impact flight safety and confirmed collaboration with law enforcement and regulatory agencies as part of an ongoing […]
As an article in DarkReading highlights, it’s tempting to compare the incident responses by MGM Resorts and Caesars Entertainment to their recent cyberattacks because both are the same kind of entity and both were victims of the same threat actors (Scattered Spider/AlphV). But: Caesars quickly negotiated with the cyberattackers, and handed over a $15 million ransom payout, which […]
Cyberattack on Ukraine’s Kyivstar will cost parent Veon almost $100 million in sales
Reuters reports: Veon, the parent company of Ukraine’s largest mobile operator Kyivstar, will take a hit of around 3.6 billion hryvnias ($95 million) in revenue in 2024 due to a massive cyberattack in December, the Dutch telecoms group estimated on Thursday. The estimated lost revenue is associated with measures Kyivstar has taken to compensate customers […]