Krebs on Security

MARCH 5, 2024

healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. BlackCat is known as a “ransomware-as-service” collective, meaning they rely on freelancers or affiliates to infect new networks with their ransomware. There are indications that U.S.

Healthcare 359

Healthcare Ransomware Scams Insurance 359

Krebs on Security

FEBRUARY 20, 2024

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. LockBit members have executed attacks against thousands of victims in the United States and around the world, according to the U.S.

Ransomware 342

Ransomware Cybercrime Encryption Insurance 342

Malwarebytes

JANUARY 27, 2025

In May, UnitedHealth CEO Andrew Witty estimated that the ransomware attack compromised the data of a third of US individuals when he testified before the Senate Finance Committee on Capitol Hill. The ALPHV/BlackCat ransomware group claimed the initial attack. Take your time. Consider not storing your card details.

Data breaches 123

Data breaches Healthcare Insurance Passwords 123

Krebs on Security

JANUARY 6, 2020

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. VCPI) was hit by the Ryuk ransomware strain. In mid-November 2019, Wisconsin-based Virtual Care Provider Inc.

Passwords 285

Passwords Ransomware Password Management Malware 285

Malwarebytes

JANUARY 10, 2025

The RansomHub ransomware group claims to have exfiltrated an enormous 1.5 Here, the ransomware group lays blame on the company itself. This isn’t rare for a ransomware group, as the tactics and vernacular are often based around shame, guilt, and a pre-teen-like arrogance. Take your time.

Ransomware 98

Ransomware Data breaches Passwords Phishing 98

Krebs on Security

NOVEMBER 14, 2024

for stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. Shefel claims his Sugar ransomware affiliate program was a bust, and never generated any profits. Sugar Locker), which targeted single computers and end-users instead of corporations. “Hi, how are you?” ” he inquired.

Advertising 290

Advertising Retail Cryptocurrency Cybercrime 290

Security Affairs

DECEMBER 8, 2024

Anna Jaques Hospital revealed thatthe ransomware attack it suffered last year has exposed sensitive health data for over 316,000 patients. On December 25, 2023, a ransomware attack hit the Anna Jaques Hospital. The hospital revealed that the security breach exposed sensitive health data for over 316,000 patients.

Data breaches 115

Data breaches Insurance Healthcare Ransomware 115

Malwarebytes

JANUARY 6, 2025

A US chain of dental offices known as Westend Dental LLC denied a 2020 ransomware attack and its associated data breach, instead telling their customers that data was lost due to an accidentally formatted hard drive. In October 2020, Westend Dental was attacked by the Medusa Locker ransomware group.

Data breaches 145

Data breaches Ransomware Passwords Insurance 145

CyberSecurity Insiders

JULY 12, 2022

A Ransomware called BazarCall seems to target Insurance agents and clients and so Insurance specialist CFC has issued a warning to the companies into similar business and operating across the globe to step-up their defense-line against malware attacks, by proactively taking adequate measures.

Insurance 106

Insurance Ransomware Backups Malware 106

Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Reached by phone today, Jansson said he quit the company in August, right around the time Gunnebo disclosed the thwarted ransomware attack.

Hacking 361

Hacking Ransomware Banking Accountability 361

SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

SecureWorld News

MARCH 20, 2024

Ransomware attacks have become a significant threat to organizations of all kinds worldwide, with attackers encrypting data and demanding payment for its release. In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network.

Cyber Insurance 113

Cyber Insurance Insurance Ransomware Risk 113

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Cyber Insurance 129

Cyber Insurance Insurance Cyber Attacks Ransomware 129

Security Affairs

APRIL 23, 2023

Non-profit health insurer Point32Health suffered a ransomware attack and has taken systems offline in response to the incident. Non-profit health insurer Point32Health has taken systems offline in response to a ransomware attack that took place on April 17. ” reads the statement published by the insurer. .”

Insurance 98

Insurance Ransomware Education Accountability 98

The Last Watchdog

MAY 15, 2025

Small businesses make up 90% of all companies worldwide and account for half of global GDP. Once inside, they can disrupt operations, steal or sell data, launch fraudulent transactions, or install ransomware to demand payouts. In some cases, pre-built ransomware kits complete with instructions are sold for just a few hundred dollars.

Small Business 113

Small Business Cybercrime Cyber Insurance Phishing 113

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

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Cyber Insurance Insurance Ransomware Marketing 136

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Cyber Insurance 121

Cyber Insurance Insurance Marketing Small Business 121

Krebs on Security

DECEMBER 8, 2022

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. “ Cl0p ” a.k.a.

Healthcare 343

Healthcare Backups Ransomware Insurance 343

Adam Levin

DECEMBER 8, 2020

The personal information of thousands of Israeli citizens has been compromised as the result of a cyberattack on Shirbit, a leading insurance company. . Twitter has since suspended BlackShadow’s account. . The post Major Israeli Insurance Company Hacked appeared first on Adam Levin.

Insurance 130

Insurance Hacking Marketing Government 130

SC Magazine

MAY 19, 2021

The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. The ransomware reality check for insurers.

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Cyber Insurance Insurance Marketing Ransomware 102

Security Affairs

MAY 27, 2025

Nova Scotia Power confirms it was hit by a ransomware attack but hasn’t paid the ransom, nearly a month after first disclosing the cyberattack. Nova Scotia Power confirmed it was hit by a ransomware attack nearly a month after disclosing a cyber incident. The company revealed it hasnt paid the ransom. Nova Scotia Power Inc.

Energy and Utilities 82

Energy and Utilities Ransomware Data breaches Accountability 82

Centraleyes

DECEMBER 16, 2024

Verizons Data Breach Investigations Report showed that 74% of security breaches involve a human element, with system administrators and developers accounting for most of these errors. Ransomware Still Reigns Supreme Ransomware attacks continue to plague organizations globally, and 2024 will be no different.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Technology 98

SecureWorld News

OCTOBER 28, 2024

UnitedHealth Group recently confirmed that a ransomware attack on subsidiary Change Healthcare has compromised the personal information and healthcare data of more than 100 million individuals. Guccione also underscores the importance of multi-factor authentication (MFA) as a safeguard for individual accounts, even in a credential leak.

Healthcare 109

Healthcare Insurance Government Data breaches 109

Security Boulevard

FEBRUARY 2, 2023

Many organizations are struggling today with aligning their security controls with what underwriters now require in order to get insurance coverage against ransomware attacks. The post <strong>Need an Insurance Policy Against Ransomware Attacks? The post Need an Insurance Policy Against Ransomware Attacks?

Insurance 98

Insurance Ransomware Cyber Insurance Accountability 98

SC Magazine

FEBRUARY 8, 2021

Every time a driver buckles up or an airbag is deployed we see the powerful influence of the insurance companies who insisted those measures become mandatory. Now, those insurers are poised to drive cybersecurity investment by insisting that organizations meet certain criteria to qualify for coverage. A maturing model.

Insurance 126

Insurance Cyber Insurance Cybersecurity Government 126

The State of Security

FEBRUARY 24, 2022

Global supply chains are bearing the brunt of ransomware attacks, according to a new report that finds manufacturing was the most targeted industry during 2021. The post Manufacturing was the top industry targeted by ransomware last year appeared first on The State of Security.

Manufacturing 130

Manufacturing Ransomware Financial Services Insurance 130

Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach. Fixed rate.

Cyber Insurance 105

Cyber Insurance Insurance Data breaches Phishing 105

Security Affairs

JANUARY 3, 2025

Richmond University Medical Center has confirmed that a ransomware attack in May 2023 affected 670,000 individuals. New York’s Richmond University Medical Center confirmed a May 2023 ransomware attack impacted 674,033 individuals. In May 2023, RUMC suffered a ransomware attack that caused a multi-week disruption.

Data breaches 75

Data breaches Ransomware Insurance Healthcare 75

eSecurity Planet

JULY 12, 2022

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. The events of the past two years have made this shift clear: from ransomware attacks to the challenges of managing distributed workforces, digital risk is different. When security fails, cyber insurance can become crucial for ensuring continuity.

Cyber Insurance 100

Cyber Insurance Insurance Risk Technology 100

SecureWorld News

APRIL 23, 2025

Phishing accounted for nearly 25% of all breaches. The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. Public Sector: DoS attacks and ransomware remain major concerns. And it's not slowing down."

CISO 102

CISO Backups Ransomware Risk 102

Malwarebytes

OCTOBER 25, 2024

The attack on Change Healthcare, which processes about 50% of US medical claims, was one of the worst ransomware attacks against American healthcare and caused widespread disruption in payments to doctors and health facilities. OCR did this because of the cyberattack’s unprecedented impact on patient care and privacy. Take your time.

Healthcare 117

Healthcare Data breaches Identity Theft Passwords 117

Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches 116

Data breaches Cybercrime Cyber Insurance Marketing 116

eSecurity Planet

OCTOBER 5, 2021

Spending money you hadn’t budgeted to hire experts to clean up an unexpected mess is at the bottom of every manager’s wish list, but in the case of a cyber attack as damaging as ransomware , turning incident response over to a pro may be the best thing you can do. Further reading: Best Ransomware Removal and Recovery Services.

Ransomware 139

Ransomware Insurance Cyber Insurance Healthcare 139

SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market and the results are in.

Cyber Insurance 86

Cyber Insurance Insurance Cyber Risk Marketing 86

Security Affairs

JANUARY 9, 2025

Medusind did not share details about the attack, it is unclear if the company was the victim of a ransomware attack. At this time, not ransomware gang claimed responsibility for the attack. The information impacted varies by individual.

Data breaches 70

Data breaches Insurance Healthcare Banking 70

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance. Higher education campuses in the U.S.

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Insurance Education Risk Cyber Insurance 97