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Cybercrime Gang Rhysida Still Lists the Practice on Its Leak Site Among Its VictimsA Kansas medical group will pay $1.2 million to settle proposed class action litigation involving an attack that compromised the sensitive data of nearly 256,000 individuals. The Rhysida ransomware operation claimed responsibility and said it stole 3 terabytes.

Bank Info Security 9 months, 3 weeks ago

Delaware Health System Plans to Settle Rhysida Hack Lawsuit

Bayhealth Medical Center Was Among Cybercrime Group's Many 2024 Healthcare VictimsBayhealth Medical Center in Delaware - an alleged victim of a 2024 hack by the "notorious" and prolific ransomware gang Rhysida that resulted in a breach affecting nearly a half-million people - has agreed to a preliminary settlement in a proposed class action lawsuit stemming from the incident.

Bank Info Security 10 months, 1 week ago

Cryptohack Roundup: SwissBorg's $41M Exploit

Also: Hackers Use Ethereum Smart Contracts to Hide Malicious npm CodeSwissBorg $41M hack, hidden malicious npm code, sanctions on Southeast Asian networks, California launderer's sentencing, Kinto's shuttering, Venus Protocol pays back victim, Nemo Protocol hack, DOJ's $5M recovery effort, Lagarde's proposed rules and the SEC-CFTC plan for market clarity.

Bank Info Security 1 year, 6 months ago

Cryptohack Roundup: BitMEX's $100M Penalty

Also: US Govt Seeks Return of Hack Funds to Bitfinex; Mango Markets ShutsThis week, BitMEX fined $100M, prosecutors sought return of Bitfinex funds, Mango Markets shut, a Web3 attack method; pastor charged in crypto scam, CFPB proposed firms refund hack victims, 2024 crime stats, Wolf Capital co-founder's guilty plea, Thai Bitcoin miners seized and a New York AG lawsuit.

Bank Info Security 1 year, 7 months ago

Victims Must Disclose Ransom Payments Under Australian Law

New Law Calls for Better Reporting, Securing Devices and Critical InfrastructureThe Australian government's proposed cybersecurity legislation passed both houses of the Parliament on Monday, formalizing the government's strategy to boost ransomware payment reporting, mandate basic cybersecurity standards for connected devices and enhance critical infrastructure security.

Bank Info Security 1 year, 9 months ago

Ex-NCSC Chief: UK Cyber Incident Reporting a 'Good Step'

Cyber Security and Resilience Bill Includes 72-Hour Reporting Deadline, Hefty FinesThe U.K. government's proposed Cyber Security and Resilience Bill is a "good step forward" to encourage ransomware incident reporting, said Ciaran Martin, the former NCSC chief. But he said the success of the new regulations also hinges on the support mechanism for cyber victims.

Lehigh Valley Health Network Will Pay 134,000 Victims of Ransomware Attack and LeakA Pennsylvania-based healthcare system that was hacked by ransomware group BlackCat in 2023 and extorted over stolen exam photos of breast cancer patients posted to a data leak site has agreed to pay $65 million under a proposed settlement of a lawsuit affecting 134,000 patients and employees.