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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, 2 months ago

Two Ransomware Hacks Affect 1.1 Million Patients

Hackers Hit Maryland Medical Group and California Hospital, Claim 480 GB Data TheftTwo separate ransomware hacks of a Maryland medical group and a California hospital resulted in data thefts affecting more than 1.1 million patients, according to recent reports to regulators. Cybercriminals claim to have leaked 480 gigabytes of data from one of the attacks.

Bank Info Security 1 year, 2 months ago

Breach Roundup: Cookie Bite Exposes MFA Achilles Heel

Also, Blue Shield Breach Exposes 4.7M, Cyberattack Disrupts City Systems in TexasThis week, Cookie Bite bypasses MFA in Azure Entra ID, Microsoft fixed RDP Freezes, a ransomware attack in Catalonia, Blue Shield exposed data to Google, a cyberattack disrupted city systems in Texas, South Korean telecom breach exposed USIM data and a warning about North Korean IT deepfakes.

Biggest threat to America's critical infrastructure? Ransomware Digital scammers and extortionists bilked businesses and individuals in the US out of a "staggering" $16.6 billion last year, according to the FBI — the highest losses recorded since bureau’s Internet Crime Complaint Center (IC3) started tracking them 25 years ago.…

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.