Latest cybersecurity reporting from selected sources.

Revenue From Supply-Chain Attacks by Clop Group Sharply Fell, Report InvestigatorsOnce lucrative steal-and-leak campaigns pioneered by Russian ransomware group Clop look set to go the way of the dinosaurs. While an estimated 25% of victims paid a ransom in the inaugural campaign five years ago, the number of victims that paid fell to zero by 2023, report ransomware responders.

City Refuses to Pay Ransom; Employees Report to Arena to Reset Passwords in PersonThe Minnesota city of St. Paul continues to respond to a ransomware attack, with the mayor saying it will pay no ransom. Instead, it's restoring systems from backups and verifying employees' identity at a centralized location before resetting their passwords.

Horizon Healthcare RCM Hints at Paying Ransom in Data Theft IncidentHorizon Healthcare RCM is the latest revenue cycle management software vendor to report a health data breach involving ransomware and data theft. The firm's breach notification statement suggests that the company paid a ransom to prevent the disclosure of its stolen information.

Ransom Threats to Be Reported Under New Australian LegislationAustralian organizations have 40 days to prepare for a new law requiring mandatory reporting of ransomware payments to authorities. The law covers about 6.5% of registered businesses which, starting May 30, must report ransomware payments within 72 hours to the Australian Signals Directorate.

Report Reveals North Korean Workers Expanding into Intellectual Property TheftNorth Korean threat actors posing as remote information technology workers are increasingly extorting ransom from Western companies after securing jobs under false pretenses, according to a new report from Secureworks' counter threat unit.

Cyber Bill Says the Government Can't Use Information to Prosecute VictimsRansom payments are typically tightly held secrets between cybercriminals and their victims, but the Australian government has introduced a cybersecurity bill in Parliament that would require require larger businesses to report ransom payments to the government.

Counter Ransomware Group Focuses on Timely Reporting, Avoiding Paying the RansomNew voluntary ransomware guidance released during the International Counter Ransomware Initiative meeting this week calls for victims to report attacks to law enforcement on a more timely basis - and involve more advisors in deciding whether to pay a ransom.

Attackers Demanding Up to $5 Million to Delete Stolen Data, Investigators ReportAttackers who stole terabytes of data from customers of Snowflake have been not only offering the data for sale on data leak marketplaces but also extorting some of the victims, demanding a ransom of $300,000 to $5 million each, security researchers report.

How Attacks Have Changed; New Insights Into How an Attack Affects the BusinessThe fifth annual Sophos State of Ransomware Report combines year-on-year insights with brand-new areas of study. It includes a deep dive into ransom demands and ransom payments and shines new light on the role of law enforcement in ransomware remediation.

US and UK Water Giants Report Network Breaches and Data Leaks, But No EncryptionTwo major water providers in the U.S. and U.K. report that they recently fell victim to ransomware attacks. In both cases, attackers appear to have stolen employee or customer data that they're now holding to ransom. Ransomware trackers say known attacks, affecting all sectors, have been surging.