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Giant health insurer struck by ransomware didn't have antivirus protection

Malwarebytes

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. EDR can detect an intruder's suspicious activity in advance of them running ransomware, as well as being able to identify the ransomware itself.

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HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost

Security Affairs

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

One of Megatraffer’s ads on an English-language cybercrime forum. “Antivirus software trusts signed programs more. More recently, it appears Megatraffer has been working with ransomware groups to help improve the stealth of their malware. “Why do I need a certificate?” 2016 sales thread on Exploit.

Malware 242
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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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2023: A Year of Record-Breaking Data Breaches

Identity IQ

This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. But even more alarming was the reported collaboration behind the attacks: a teen hacker group called Scattered Spider allegedly partnered with the Russian ransomware gang Alphv.

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Report: Ransomware Attacks and the True Cost to Business

Security Boulevard

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

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Cyber Security Roundup for April 2021

Security Boulevard

Computer Weekly said it had learnt that FatFace paid a £1.5m ($2 million US dollar) ransom to the Conti Ransomware gang , disclosing the gang gained access to FatFace network and their IT systems via a phishing email on 10th January 2021. More and More Ransomware Attacks. conduct employee phishing tests. conduct penetration testing.