The number of companies and individuals affected by an April ransomware attack on managed care provider Magellan Health continues to grow. This illustrates the risks faced by interconnected organizations in the healthcare sector.
Many ransomware gangs hell-bent on seeing a criminal payday have now added data exfiltration to their shakedown arsenal. Gangs' extortion play: Pay us, or we'll dump stolen data. One massive takeaway is that increasingly, ransomware outbreaks also are data breaches, thus triggering breach notification rules.
Four recent cybersecurity incidents that may have involved ransomware demonstrate the ongoing threats facing the sector during the COVID-19 pandemic. They also serve as a warning that extra watchfulness is needed as physicians reopen their clinics.
The financial sector is one of the more prominent targets for cyber-attacks. It's the second-largest source of data breaches, having notified OAIC of 42 system breaches, putting it behind only health service providers. And, with the average cost of a data breach in Australia sitting at $2.5 million, incidents can get...
When organizations eventually allow employees to return to their offices after the COVID-19 crisis subsides, they may discover "more network intrusions, data exfiltration and data breaches," says U.K. cybercrime expert Andrew Gould, who implores organizations to report these incidents to authorities.
Several major health data breaches that have been added to the federal "wall of shame" tally in recent weeks serve as stark reminders of the security and privacy risks posed by business associates.
Hackers will always find novel ways to bypass your security protocols, and fighting cybercrime has become less about prevention and more about stemming the bleeding.
Ideally, if you can spot these indicators of attack, you can transform your organization's approach to data protection from reactive to...
Google "mainframe security breach" and your browser will return some 168,000 entries. The same search for "Linux security breach" and "Windows security breach" yields 1.1 million and 3.05 million entries respectively.
Now consider this: Seventy percent of the business and transactional systems around the world run on...
Two recently reported health data breaches illustrate persistent security challenges - defending against ransomware attacks as well as unauthorized access to email - that sometimes can expose years' worth of data.
Jewelry retailer Claire's says Magecart attackers hits its e-commerce store, hosted on Salesforce Commerce Cloud, and stole an unspecified number of customers' payment card details. Security firm Sansec, which discovered the breach, says Magecart attacks have grown more targeted during lockdown.
Delivery Hero, the online food delivery service, has confirmed a data breach of its Foodora brand. Breached information includes personal details for 727,000 accounts - names, addresses, phone numbers, precise location data and hashed passwords - in 14 countries.
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
Ransomware gangs keep innovating: Maze has begun leaking data on behalf of both Lockbit and RagnarLocker, while REvil has started auctioning data - from victims who don't meet its ransom demands - to the highest bidder. Thankfully, security experts continue to release free decryptors for some strains.
U.S. federal agencies reported 8% fewer cybersecurity incidents in 2019 compared to the previous year, according to the White House's Office of Management and Budget. But 71 audits of agencies' "high-value assets" showed many remain susceptible to attacks because of a lack of security measures.
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