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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 5 months, 1 week ago

Victims Are Rebuffing Ransomware Mass Data Theft Campaigns

Revenue From Supply-Chain Attacks by Clop Group Sharply Fell, Report InvestigatorsOnce lucrative steal-and-leak campaigns pioneered by Russian ransomware group Clop look set to go the way of the dinosaurs. While an estimated 25% of victims paid a ransom in the inaugural campaign five years ago, the number of victims that paid fell to zero by 2023, report ransomware responders.

Bank Info Security 5 months, 2 weeks ago

Capital Health to Pay $4.5M in LockBit Breach Settlement

Class Action Stems From 2023 Ransomware Attack Affecting More Than 500,000Capital Health, which operates hospitals and other facilities in New Jersey and Pennsylvania, agreed to pay $4.5 million to settle consolidated class action litigation involving a 2023 LockBit ransomware and data theft attack affecting more than a 500,000 patients and employees.