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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. Stop malicious encryption. Their data is now available for download on the dark web. Use EDR or MDR to detect unusual activity before an attack occurs.

Antivirus 101
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Does Antivirus Protect Against Ransomware?

Spinone

Installing antivirus software (or AV) is often considered an important ransomware protection measure. It’s better to buy a subscription to antivirus software than to pay, on average, $36,295 to hackers or face significant financial and reputational damages. Antivirus users often experience ransomware attacks.

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MY TAKE: What NortonLifeLock’s $8 billion buyout of Avast portends for consumer security

The Last Watchdog

This deal reads like to the epilogue to a book titled The First 20 Years of the Supremely Lucrative Antivirus Market. Way back in 1990, Symantec acquired Norton Utilities and made Norton the heart of its antivirus subscription offering. Also, one of the top ways attackers can target individuals is via social engineering or phishing.

Antivirus 223
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Luna Moth callback phishing campaign leverages extortion without malware

CSO Magazine

The analysis discovered that the threat actors behind the campaign leverage extortion without malware-based encryption, have significantly invested in call centers and infrastructure unique to attack targets, and are evolving their tactics over time. Luna Moth removes malware portion of phishing callback attack.

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Ransomware news headlines trending on Google

CyberSecurity Insiders

And security researchers from ESET have discovered that the malware was uploaded to the VirusTotal operated system in Brazil and was targeted by a social engineering attack. As BianLian follows the process of dividing the encrypted content in 10 bytes of data, it easily evaded detection by antivirus products.

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Cybersecurity for Small Businesses: 7 Best Practices for Securing Your Business Data

Cytelligence

Here are seven best practices for cybersecurity in small businesses: Employee Education and Training: Provide cybersecurity awareness training to your employees, teaching them about common threats such as phishing emails, social engineering, and the importance of strong passwords. WPA2 or WPA3).

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Malvertising Is a Cybercrime Heavyweight, Not an Underdog

SecureWorld News

Cybercriminals can then exploit the compromised device for various purposes, such as stealing personal information, conducting financial fraud, recruiting it into a botnet, or encrypting data and holding it for ransom. This interference is a major catalyst for double extortion that involves both a breach and data encryption.