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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.

Bank Info Security 7 months, 1 week ago

Ransomware Victim Warning: The Streisand Effect May Apply

Analysis of Seized LockBit Data Suggests Victims Who Pay Enjoy More Media CoverageBad news for any organization that's ever paid a ransom in a bid to avoid their breach coming to light, or for a promise from attackers to delete stolen data, with a study of seized LockBit data finding that victims who paid a ransom were more likely to see the attack get detailed in the media.

Bank Info Security 2 years, 5 months ago

Breach Roundup: CIA Hacking Tool Leaker Gets 40 Years

Also: Cloudflare Was Hacked With Stolen Okta TokenThis week, former CIA programmer gets 40-year sentence, zero trust prevents widespread damage, possible ransomware attack in Georgia, alleged hacker detained in Ukraine, USB-spread malware in Italy, LockBit attack on non-bank home mortgage lender, and Ukrainian critical infrastructure disrupted.

In addition to $100k given to LockBit New York law firm Heidell, Pittoni, Murphy and Bach (HPMB) has agreed to pay $200,000 to settle a data-breach lawsuit related to the now-notorious Hafnium Microsoft Exchange attacks that siphoned sensitive data from victims around the world. …