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Latest coverage for Ransom

Ransom-related coverage examines extortion demands, data theft, and disruption caused when attackers lock or threaten to expose systems.

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Background for this topic.

Ransomware is malicious software that disrupts access to systems or data, typically by encrypting files, to pressure a victim into paying. Modern campaigns may also steal data and threaten to publish it, making the demand a form of extortion even when encryption is unsuccessful. Common access routes include phishing, exposed remote services, stolen credentials, and unpatched vulnerabilities, though no single route is universal.

Important safeguards include regularly tested, offline or otherwise isolated backups; multifactor authentication and least-privilege access; network segmentation; and timely remediation of known, internet-facing vulnerabilities. During an incident, organizations should isolate affected systems, preserve evidence, identify the scope of compromise, and coordinate recovery and legal or regulatory decisions. Payment does not guarantee data recovery or deletion. Threat intelligence may help identify associated infrastructure or available decryptors, while documented recovery plans reduce dependence on an attacker’s demands.

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Some Patients Threatened Directly by Hackers; Center to Spend $13.5M on SecurityA Seattle cancer center has agreed to pay $11.5 million to settle a proposed class action lawsuit involving a 2023 double-extortion ransomware attack that affected 2.1 million people, with some patients directly threatened by hackers with swatting attacks if they didn't pay a ransom.

Bank Info Security 1 year, 1 month ago

College Student to Plead Guilty to Hacking PowerSchool

Teenager Charged With Stealing K-12 Student and Faculty Data, $3 Million ExtortionMassachusetts teenage college student Matthew Lane has been accused of hacking into K-12 student information system platform provider PowerSchool and holding stolen student and faculty data to ransom. Prosecutors said Lane has agreed to plead guilty to multiple charges tied to two hack attacks.