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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 1 year, 4 months ago

Change Healthcare's Mega Attack: 1 Year Later

Ransomware Attack Taught Lessons on Health Sector Resiliency, Vendor RedundancyIt's been one year since hackers attacked IT services provider Change Healthcare, quickly shutting down critical processes for thousands healthcare entities, triggering a data breach affecting 190 million people. So what top lessons are emerging from that massive disruption and data compromise?

Bank Info Security 1 year, 4 months ago

ISMG Editors: Is Russia's Ransomware Purge for Real?

Also: AI Benchmark Hype, Trump's Cybersecurity Shake-Up, Musk's Growing InfluenceIn this week's update, ISMG editors analyze motives behind Russia's sudden crackdown on ransomware gangs and discuss whether AI benchmark scores are more hype than reality and whether President Donald Trump's policies and Elon Musk's influence pose security risks - or just more political theater.

Bank Info Security 1 year, 4 months ago

Leaked Black Basta Chat Logs Show Banality of Ransomware

'He Is an Idiot,' Dissatisfied Hacker Writes of BossTwo hundred thousand internal chat messages from the Russian ransomware group Black Basta have been leaked online, supposedly in reprisal for the operation targeting Russian banks. The partial logs, spanning 13 months, detail negotiations with victims, ransoms paid, internal disagreements and more.

Bank Info Security 1 year, 4 months ago

Breach Roundup: FBI Publishes Ghost Warning

Also: Lee Enterprises Recovering From Ransomware Attack, an Ivanti POCThis week, a FBI warning on Ghost ransomware, Lee Enterprises confirmed its ransomware attack, a proof-of-concept for Ivanti EPM flaws and a cybersecurity flaw in a Xerox machine. Also, a Chinese cyberespionage hacker apparently moonlighted as a ransomware attacker and NioCorp hit by a cyber heist.

Both Ransomware Operations Remain Active and Pose a Threat, Experts WarnRansomware business moves: Attacks tied to BlackLock have been surging, likely bolstered by the group's custom-built malware, while the long-running Black Basta operation remains a threat, even as it looks set to disband due to core members facing "fatigue," report cybercrime experts.

Bank Info Security 1 year, 5 months ago

Is Russia Reining-In Ransomware-Wielding Criminals?

Flurry of Arrests a Potential Prelude to Russia-Ukraine Peace NegotiationsEven before Donald Trump took office on Jan. 20, there were signs that Russian President Vladimir Putin ordered cybercriminals operating inside his country's borders to be reined in, potentially as a bargaining chip in negotiations over Russia's stalemated war of conquest against Ukraine.