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Latest coverage for Ransomware

Ransomware encrypts or steals data to disrupt operations and extort victims, making backups, access controls, and incident response essential.

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Ransomware is malware used to deny access to systems or data, usually by encrypting files and demanding payment for decryption. Many operations also steal sensitive information and threaten to publish it, so an attack can create both an availability crisis and a privacy or disclosure risk. Initial access may involve phishing, stolen credentials, exposed remote services, or exploitation of unpatched vulnerabilities; attackers may then move through the network before deploying the payload.

Defenses should combine vulnerability management, phishing-resistant authentication where practical, endpoint and network monitoring, and backups that are isolated from routine administrator access and regularly tested for recovery. Organizations should also limit privileges and segment critical systems to reduce the blast radius. An incident requires rapid containment, preservation of forensic evidence, restoration from known-good backups, and assessment of notification, legal, and regulatory obligations. Threat intelligence can help identify relevant criminal infrastructure or tactics, but it does not replace sound access control, patching, detection, and recovery practices.

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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 9 months, 3 weeks ago

Voluntarily Retirement Keeps Eluding Ransomware Attackers

What's Left After Raking In Millions From Other People's Blood, Sweat and Tears?Things that continue to elude scientific observation: the Loch Ness Monster, Bigfoot and the ransomware hacker who voluntarily chose retirement. "There's no such thing as 'retirement' in cybercrime," despite some ransomware hackers dangling promises to leave the field.

Bank Info Security 9 months, 3 weeks ago

2 Clinics Notify 700,000 Patients of Alleged BianLian Hacks

Now-Dormant Gang Claimed North Carolina, Florida Groups on Data Leak Site This YearTwo medical practices - in North Carolina and Florida - are notifying a total of more than 700,000 patients whose information was potentially stolen in separate hacks earlier this year. The now-dormant ransomware gang BianLian had claimed both organizations as victims on its dark website.

Bank Info Security 9 months, 3 weeks ago

Teenage Scattered Spider Suspect Arrested in Las Vegas

Juvenile Male Tied to Hack Attacks Against MGM Resorts and Caesars EntertainmentThe net continues to close on suspected members of the notorious ransomware-wielding group called Scattered Spider, with Las Vegas police announcing the arrest of a teenage, juvenile male suspect tied to 2023 attacks that hit MGM Resorts and Caesars Entertainment.