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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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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

What is the impact of ransomware on organizations? According to Statista.com, the impact of cybercrime is expected to reach almost $13 trillion this year. Based on Ransomlooker, a free Cybernews tool for monitoring the dark web and other hidden areas of the internet, 64% of organizations have already suffered from a ransomware attack.

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Malvertising Is a Cybercrime Heavyweight, Not an Underdog

SecureWorld News

Some of the unearthed hoaxes delivered infostealers such as Aurora Stealer, Batloader, and IceID, with the latter having gained notoriety for facilitating Quantum ransomware distribution. This ends up executing sketchy code that installs viruses, ransomware, spyware, or adware behind the victim's back.

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Microsoft warns of Human-Operated Ransomware as a growing threat to businesses

Security Affairs

Microsoft is warning of human-operated ransomware, this kind of attack against businesses is becoming popular in the cybercrime ecosystem. Human-operated ransomware is a technique usually employed in nation-state attacks that is becoming very popular in the cybercrime ecosystem. ” continues the report.

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SHARED INTEL: How ransomware evolved from consumer trickery to deep enterprise hacks

The Last Watchdog

Ransomware is undoubtedly one of the most unnerving phenomena in the cyber threat landscape. Related: What local government can do to repel ransomware Ransomware came into existence in 1989 as a primitive program dubbed the AIDS Trojan that was spreading via 5.25-inch inch diskettes. inch diskettes. FBI spoofs 2012 – 2013.

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Security Roundup August 2023

BH Consulting

Shedding the light of the law on cybercrime methods Today’s cybercrime landscape involves criminals operating across borders as business-like syndicates, says Europol. The agency’s ninth Internet Organised Crime Assessment (IOCTA) 2023 report gives a law enforcement perspective on current cybercrime techniques.

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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. Major Breaches of 2023 Casino operator attacks: Casino giants MGM and Caesars were hit by disruptive cyberattacks in September involving concerning tactics such as social engineering.