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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. Their data is now available for download on the dark web.

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Threat Group Continuously Updates Malware to Evade Antivirus Software

eSecurity Planet

However, the same also goes for antivirus software and other anti-malware solutions. As long as you need employees, you will get spear-phishing campaigns and other social engineering attacks. If employees are allowed to use “123456” for their password, it’s a major risk. This is basic role management.

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What Are the Risks of a Data Breach?

Identity IQ

What Are the Risks of a Data Breach? IdentityIQ In a society dominated by digital interconnectedness, the risks associated with data breaches loom over individuals, businesses, and society at large. The ramifications extend past financial losses due to personal, corporate, and regulatory privacy being at risk.

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

Security Affairs

Not to mention the heightened cyber awareness and risk mitigation across businesses and industries. With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. You should always stop and verify.

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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.

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Video game cheat mod malware demonstrates risks of unlicensed software

SC Magazine

The attackers used a new cryptor to obfuscate the malware code they hid in seemingly legitimate files and evade detection from antivirus software. First, it provides a plausible excuse to urge users to disable their antivirus software, since that is often the first step to installing a cheating mod.

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