Incidents involving malware or ransomware. In some cases, incidents called “ransomware” do not involve any locking but merely hack, exfiltrate, and attempt to extort.
Associated Press reports that a ransomware attack that hit Blue Yonder last week has caused disruptions for a number of companies in the U.S. and the U.K., including Starbucks and grocery giant Morrisons: Blue Yonder, which provides supply chain technology to a range of brands worldwide, said that it experienced disruptions to services it manages […]
When BlackCat pulled an exit scam in February after extorting Change Healthcare for $22 million, people started speculating how long it would be before they re-branded and re-emerged. We may have an answer now. The Register reports that both BlackCat (aka ALPHV) and Scattered Spider appear to be back: In October, security firm ReliaQuest responded […]
An announcement by Dutch police in conjunction with their law enforcement partners had cyberdefenders smiling yesterday. Law enforcement had seized the source code and network infrastructure for RedLine and META infostealers. In what has been called “Operation Magnus,” law enforcement warned cybercriminals that they got their data, too. In a “final update” video, law enforcement […]
Eight months after the biggest breach ever involving patient data, Change Healthcare informed the U.S. Department of Health & Human Services Office of Civil Rights (HHS OCR) that it has sent individual notifications to 100 million affected patients. This is the first time they have revealed any actual number since an April update where they […]
A costly lesson to learn, but it sounds like Merck learned it. Fortune reports: Cybersecurity has always been a priority, but got even more attention inside Merck after the company was stung by the NotPetya cyberattack in 2017, which reportedly damaged more than 30,000 of the company’s computers. It led to $1.4 billion in claims […]
The Change Healthcare ransomware attack that was first disclosed in February 2024 continues to cause problems and make headlines. HIPAA Journal reports on the financial impact: The cost of the Change Healthcare ransomware attack has risen to $2.457 billion, according to UnitedHealth Group’s Q3, 2024 earnings report. Revenues in the third quarter increased by 9% year-over-year […]
Security Week reports that Japanese electronics giant Casio has revealed that the recent cyberattack was carried out by a ransomware group and confirmed that the incident has resulted in a data breach: Casio said last week that it had detected unauthorized access to its network on October 5. The incident resulted in a system failure and some […]
The Record reports: Wayne County, Michigan is dealing with a cyberattack that has shut down all government websites and limited the operations of several offices. Home to Detroit, the county is the largest in the state with more than 1.75 million residents. County spokesperson Doda Lulgjuraj told Recorded Future News that the investigation into the […]
Operation Cronos revealed more arrests, sanctions, and disruption of the LockBit ransomware operation. Help Net Security reports: The third phase of Operation Cronos, which involved officers from the UK National Crime Agency (NCA), the FBI, Europol and other law enforcement agencies, has resulted in the arrest of four persons for allegedly participating in the LockBit […]
Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows
Claims Journal reports: Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber insurance provider. Coalition published its 2024 Cyber Claims Report: Mid-year Update, which details emerging cyber trends and their impact on policyholders through the first half of 2024. The frequency of using ransomware as […]