A recent attack by a Russian ransomware-as-a-service group that stole the personal information of 2.5 million patients of McLaren Health Care has triggered at least three proposed federal class action lawsuits in recent days, claiming the healthcare company failed to protect patient privacy.
Hotel and casino giant MGM Resorts says the recent hack attack against it cost $110 million in lost revenue and mitigation expenses. The publicly traded company expects to recoup losses and costs to date via cyber insurance. MGM Resorts says that its investigation remains ongoing.
Clorox said Wednesday an August cyberattack had caused a drop in the bleach manufacturing giant's sales and profits in the quarter ended Sept. 30. The company said organic sales will drop between 21% and 26% due to widespread disruption, order processing delays and product outages after the hack.
Fundraising software powerhouse Blackbaud will pay $49.5 million to settle a multistate investigation into the company's data security practices and its response to a 2020 ransomware attack. The firm must also enhance its security and not misrepresent its data security practices.
What do "bank transfer request.lnk" and "URGENT-Invoice-27-August.docx.lnk" have in common? Both are the names of malicious files being sent as part of a phishing campaign attributed to the Qakbot botnet group that has continued despite law enforcement disrupting Qakbot's operations in late August.
A ransomware attack can be extremely expensive for victims and can cost them over $700,000 to recover.
A Research suggests that in 2020, a new organization will be hit by ransomware every 14 seconds.2 In the future, ransomware as a service is expected to rise quickly as well, making ransomware an even bigger...
Ransomware is a significant threat that can potentially devastate organizations. In fact, nearly two-thirds (65%) of respondents consider it one of the top three most serious threats to the viability of their organization.
To address this issue, it’s crucial to first comprehend its impact. So, despite being a...
Join us as thought leaders in industrial cybersecurity, Robert M. Lee, CEO & Co-founder of Dragos, and Blake Moret, Chairman & CEO of Rockwell Automation, delve into critical topics surrounding the current state of manufacturing cybersecurity, manufacturers' responses to increasing risks, and the journey to enhance...
Ransomware hackers are using a critical flaw in a DevOps tool, days after developer JetBrains issued a critical security update to patch its TeamCity build management and continuous integration server. Servers such as TeamCity are high-value targets since they manage source code, keys and secrets.
Ransomware-as-a-service gang Alphv/BlackCat claims to have stolen 6 terabytes of data on 2.5 million patients in a recent attack on Michigan-based McLaren Health Care, which operates 13 hospitals and a network of cancer centers. The incident is part of the group's rash of recent attacks.
UNC3944 and BlackCat have taken over the headlines with a new wave of high-profile ransomware attacks on casinos and other industries, continuing an upward trend of damaging attacks impacting global organizations.
An August cyberattack on a national hospital chain may make medical care in underserved areas of Connecticut even harder to obtain now that a would-be buyer said it's having second thoughts about going through with the deal. The Rhysida group claimed responsibility for an attack on Prospect Medical.
Contrary to the popular notion that ransomware hackers are sophisticated launderers of their stolen money, research shows they use straightforward mechanisms to transfer their bitcoin - allowing researchers to follow their money trail. Only a small number of them transacted with a crypto mixer.
This week, Johnson Controls suffered a ransomware attack, the Philippine state health insurance program was recovering from ransomware, Air Canada reported a cyberattack, an APT group used the American Red Cross as bait, new malware targeted Bitwarden, and a LATAM cybersecurity conference occurred.
Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.