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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 11 months, 3 weeks ago

Feds Fine Surgery Practice $250K in Ransomware Breach

2021 Pysa Hack Compromised PHI of Nearly 25,000 PatientsA HIPAA breach investigation into a 2021 attack involving a variant of Pysa ransomware resulted in a $250,000 fine for an upstate New York specialty surgery practice, which also agreed to a corrective action plan that will be monitored by federal regulators for the next two years.

Bank Info Security 11 months, 3 weeks ago

Feds Fine Surgery Practice $250K in Ransomware Breach

2021 Pysa Hack Compromised PHI of Nearly 25,000 PatientsA HIPAA breach investigation into a 2021 attack involving a variant of Pysa ransomware resulted in a $250,000 fine for an upstate New York specialty surgery practice, which also agreed to a corrective action plan that will be monitored by federal regulators for the next two years.

Bank Info Security 11 months, 3 weeks ago

Feds Warn Health, Other Sectors of Interlock Threats

Healthcare Providers Are Among Dozens of Entities Hit Since Gang Emerged in 2024U.S. authorities are warning of threats posed by double-extortion gang Interlock, which has been hitting an assortment of businesses across many industries, including healthcare and other critical infrastructure sectors, with a ransomware variant first seen in September 2024.

Dark Reading's Kelly Jackson Higgins interviews Carmine Valente, Deputy CISO at Con Edison, about his role at the New York-based electric utility and the state of IT and OT security. Valente highlights current threats like ransomware and supply chain attacks, as well as the impact of AI on both defense and threats.

Bank Info Security 11 months, 3 weeks ago

UK Government Set to Impose Ransomware Payment Ban

Labour Government Also Backs Ransomware Payment Clearance and ReportingThe British government vowed Tuesday to proceed with a proposed ransomware payment ban for critical infrastructure organizations such as the National Health Service and to press forward on a mandate for other businesses to notify authorities in advance of paying out a ransom.