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Healthcare providers prefer paying ransom in ransomware attacks

CyberSecurity Insiders

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

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Breach of healthcare debt collection firm exposes 1.9M patients – cyber experts weigh in

CyberSecurity Insiders

The Professional Finance Company, PFC, suffered a ransomware attack on February 26 and on July 1 confirmed that over 650 healthcare providers were affected by the breach. According to a notice from PFC, attackers stole confidential patient information including patient names, addresses, and outstanding account balances.

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The Lorenz ransomware group hit Texas-based Cogdell Memorial Hospital

Security Affairs

Like other ransomware gangs, Lorenz operators also implement double-extortion model by stealing data before encrypting it and threatening them if the victim doesn’t pay the ransom. The group claimed to have stolen 5TB of patients’ and employee’s information, backups, PII documents, and more.

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The Alphv ransomware gang stole 5TB of data from the Morrison Community Hospital

Security Affairs

The group claims to have stolen 5TB of patients’ and employee’s information, backups, PII documents, and more. The group is known to have a role for its affiliated that prohibits attacking healthcare organizations. Its policy forbids to encrypt systems of organizations where damage could lead to the death of individuals.

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Black Matter Ransomware targets Olympus Japan

CyberSecurity Insiders

And the bad news is that few of the servers severely affected, making the staff to suspend any data transfers and backups to maintain data continuity. Security firm Emsisoft says that the cyber criminal group has been active since 2019 and could have launched attacks on over 46 organizations so far.

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Ransomware Attack on MediaMarkt

CyberSecurity Insiders

MediaMarkt, the Europe’s number one consumer online retailer, has admitted that its IT infrastructure is working abnormally under the influence of a sophisticated cyber attack that appears to be of ransomware variant. The said malware spreading gang was seen targeting healthcare related firms so far.

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Wannacry, the hybrid malware that brought the world to its knees

Security Affairs

Reflecting on the Wannacry ransomware attack, which is the lesson learnt e why most organizations are still ignoring it. The cryptolocker had the task of encrypting the data of the affected system; The exploit was to infect the victim’s local network, if not properly updated, through the SMB protocol vulnerability.

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