Malwarebytes

JANUARY 5, 2023

The Supreme Court of Ohio issued a ruling days before the New Year that a software and service provider shouldn't be covered by insurance against a ransomware attack as it didn't cause direct or physical harm to tangible components of software, as it doesn’t have any. its policy owner, denied the claim.

Insurance 85

Insurance Software Ransomware Media 85

Security Affairs

JULY 9, 2021

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. SecurityAffairs – hacking, ransomware). Pierluigi Paganini.

Data breaches 141

Data breaches Insurance Ransomware Identity Theft 141

Hot for Security

MAY 7, 2021

Insurance giant AXA has said that it is no longer writing cyberinsurance policies in France that cover ransom payments to extortionists. In addition, it will not affect existing policies that companies may have with the insurer. The only question then is – will your insurance company cover you for that ransom payment, or not?

Insurance 145

Insurance Ransomware Retail Cryptocurrency 145

Security Affairs

FEBRUARY 21, 2023

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!

Insurance 80

Insurance Ransomware Cyber Insurance Malware 80

Malwarebytes

OCTOBER 11, 2023

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.

Antivirus 105

Antivirus Insurance Ransomware Healthcare 105

Krebs on Security

FEBRUARY 20, 2024

authorities have seized the darknet websites run by LockBit , a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. “I don’t think this is an accident—this is how ransomware groups talk to each other,” Stockley said.

Ransomware 264

Ransomware Cybercrime Encryption Insurance 264

CyberSecurity Insiders

MAY 21, 2021

CNA Financial that offers customized business insurance-related services across the United States has reportedly paid $40 million to hackers to free up its database from the encryption-driven file-encrypting malware. . And the staff of CNA Insurance who negotiated the deal accepted and paid the demanded ransom in Bitcoins. .

Insurance 85

Insurance Ransomware Encryption Cryptocurrency 85

CyberSecurity Insiders

MARCH 24, 2021

United States largest insurance provider CAN Insurance has become a recent victim to a cyber attack making its website and services inaccessible to users from the past three days. The insurance company has acknowledged the issue on Wednesday and admitted that some of its systems were disrupted by cyber attack.

Insurance 75

Insurance Ransomware Cyber Attacks Encryption 75

Security Affairs

JANUARY 2, 2024

A team of researchers released a suite of tools that could help victims to decrypt data encrypted with by the Black Basta ransomware. Independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor.

Ransomware 116

Ransomware Encryption Insurance Malware 116

eSecurity Planet

OCTOBER 18, 2022

For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? Insured companies often will not have options.

Ransomware 143

Ransomware Encryption Insurance Backups 143

CyberSecurity Insiders

MAY 19, 2021

AXA, a French Multinational Insurance Company was reportedly hit by Avaddon Ransomware Gang last week halting IT operations in its offices located in the Philippines, Hong Kong, Malaysia, and Thailand. . . The post Avaddon ransomware gang targets AXA Insurance appeared first on Cybersecurity Insiders.

Insurance 64

Insurance Ransomware Banking Encryption 64

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. The ransomware attack hit PerCSoft on the morning of Monday, Aug. West Allis, Wis.-based

Backups 220

Backups Ransomware Insurance Encryption 220

Krebs on Security

MARCH 2, 2021

PrismHR , a company that sells technology used by other firms to help more than 80,000 small businesses manage payroll, benefits, and human resources, has suffered what appears to be an ongoing ransomware attack that is disrupting many of its services. Hopkinton, Mass.-based PrismHR has not yet responded to requests for comment.

Ransomware 290

Ransomware Small Business Insurance Software 290

CyberSecurity Insiders

DECEMBER 29, 2022

In one of the strange decisions taken by Ohio Supreme Court over a previous judgement pronounced earlier by Ohio Second District Court, the law stated that there must be a direct physical loss or damage to a company in the event of a file encrypting malware disaster.

Software 99

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CyberSecurity Insiders

JANUARY 26, 2022

Merck, the Pharma giant from New Jersey, has won a legal battle with its insurer for covering costs related to the NotPetya ransomware attack that crippled its computer networks to the core incurring losses in millions. Moving ahead into the details, the year 2017 witnessed many companies falling prey to NotPetya ransomware hackers.

Ransomware 112

Ransomware Insurance Cyber Insurance Hacking 112

Krebs on Security

DECEMBER 7, 2019

A Colorado company that specializes in providing IT services to dental offices suffered a ransomware attack this week that is disrupting operations for more than 100 dentistry practices, KrebsOnSecurity has learned. When asked about reports of a ransomware attack on his company, Miner simply said it was not a good time and hung up.

Ransomware 226

Ransomware Backups Insurance Wireless 226

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Risk Data breaches 71

Adam Levin

JANUARY 9, 2020

Currency exchange giant Travelex has effectively been taken offline by a ransomware attack. . To date, the company can confirm that whilst there has been some data encryption, there is no evidence that structured personal customer data has been encrypted. “To The attack was first detected the night of December 31.

Ransomware 157

Ransomware Encryption Insurance VPN 157

CyberSecurity Insiders

OCTOBER 6, 2022

Lloyd’s London, a leading insurance trader in the world, has apparently experienced cyber attack that is currently being deeply probed. Second is the news related to BlackByte Ransomware that recently inducted a special tactic into its attack concept. Ransomware is a kind of malware that encrypts a database until a ransom is paid.

Ransomware 125

Ransomware Cyber Attacks Insurance Encryption 125

CyberSecurity Insiders

FEBRUARY 13, 2023

Unconfirmed sources state that the attack was caused by malware leading to data siphoning and encryption- hinting to us the attack was of ransomware variant. The post Pepsi suffers a ransomware attack appeared first on Cybersecurity Insiders.

Ransomware 121

Ransomware Insurance Manufacturing Malware 121

CyberSecurity Insiders

MAY 23, 2023

A Russian government affiliated ransomware spreading group has targeted the Indian Insurance Information Bureau (IIB) and encrypted the entire database and their demand is that they victim needs to pay $250,000 in bitcoins in exchange of a decryption key. LockBit ransomware is suspected to be behind the incident.

Ransomware 102

Ransomware Encryption Malware Insurance 102

CyberSecurity Insiders

JUNE 3, 2022

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!

Healthcare 120

Healthcare Ransomware Insurance Backups 120

CyberSecurity Insiders

AUGUST 19, 2021

Memorial Health System, based in Ohio, is trending on Google for becoming a recent victim to a ransomware attack. In another incident related to ransomware targeting healthcare organization, St. Joseph/Candler is yet to confirm whether it is going to pay a ransom to free up its database from encryption.

Healthcare 126

Healthcare Ransomware Insurance Encryption 126

CyberSecurity Insiders

JANUARY 4, 2023

Cybersecurity Insiders learnt from its sources that the attack took place last year, when hackers induced a file encrypting malware into the company’s network in March 2022. A week later, forensic experts hired from a 3rd party firm confirmed the incident as a ransomware attack and started an inquiry.

Data breaches 103

Data breaches Ransomware Identity Theft Insurance 103

CyberSecurity Insiders

JULY 29, 2022

Hive Ransomware group has reportedly locked down a school from digital access and is demanding £500,000 to free up data from encryption. Yes, what is being read is true as Wootton Upper School in Bedfordshire-part of Wootton Academy Trust was victimized by the file encrypting malware spreading gang and are adamant in their demand.

Ransomware 122

Ransomware Cyber Insurance Social Engineering Education 122

eSecurity Planet

JULY 12, 2022

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help.

Ransomware 143

Ransomware Cyber Insurance Backups Insurance 143

Security Affairs

SEPTEMBER 28, 2023

Johnson Controls International suffered a ransomware attack that impacted the operations of the company and its subsidiaries. Johnson Controls International announced it has suffered a ransomware attack that impacted many systems of the company, Bleeping Computer reported. ” reported Bleeping Computer. .”

Ransomware 115

Ransomware Insurance Technology Encryption 115

Security Affairs

OCTOBER 1, 2023

Bleeping Computer last week reported that Johnson Controls International has suffered a ransomware attack that impacted many systems of the company. The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.” reported Bleeping Computer.

Ransomware 126

Ransomware Insurance Technology Encryption 126

CyberSecurity Insiders

DECEMBER 22, 2022

A ransomware hit Queensland University of Technology (QUT) in the early hours of today, crippling a portion of the institute’s network from the past 5 hours. The second largest University seems to have been hit badly as whole of the printers operating in the campus are displaying the ransomware note.

Technology 97

Technology Ransomware Insurance Education 97

CyberSecurity Insiders

JUNE 1, 2023

A recent ransomware attack on a New York-based biotech company, Enzo Biochem, has resulted in the exposure of sensitive information belonging to more than 2.5 The identity of the ransomware group responsible for the attack has yet to be disclosed, as investigations into the incident are ongoing. million patients.

Ransomware 107

Ransomware Healthcare Insurance Backups 107

eSecurity Planet

OCTOBER 5, 2021

Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Ransomware Protection and Recovery Steps. Ransomware removal tools. Ransomware recovery services. Data backup.

Ransomware 139

Ransomware Backups Encryption Insurance 139

Security Affairs

MAY 15, 2023

A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The researchers assess with high confidence that the group is using the leaked Babuk ransomware source code.

Ransomware 84

Ransomware Encryption Cybercrime Insurance 84

CyberSecurity Insiders

JULY 11, 2022

A Financial service offering company to healthcare industry has admitted that a ransomware attack on its data firm could have led to a data breach affecting over 600 healthcare establishments. There is a high probability that some files related to DOBs, social security numbers, and health insurance data were also compromised in the incident.

Ransomware 114

Ransomware Healthcare Data breaches Financial Services 114

CyberSecurity Insiders

JULY 20, 2022

Black Basta Ransomware has now released the stolen data of one of its victims, which it targeted almost 2-3 weeks ago. Interestingly, the public disclosure made on the official website did not mention any details about the Black Basta Ransomware attack.

Ransomware 114

Ransomware Insurance Cryptocurrency Cyber Attacks 114

Malwarebytes

APRIL 24, 2023

The Black Basta ransomware group has claimed responsibility for this attack by posting about Yellow Pages on the “Basta News” leak site. Attackers using Black Basta have been known to be active on a victim's network for two to three days before running their ransomware. How to avoid ransomware Block common forms of entry.

Ransomware 74

Ransomware Insurance Backups Encryption 74

Security Affairs

JANUARY 23, 2024

The Black Basta ransomware gang claimed to have hacked the UK water utility Southern Water, a major player in the UK water industry. The Black Basta ransomware group added Southern Water to the list of victims on its Tor data leak site and threatened to leak the stolen data on February 29, 2024.

Hacking 115

Hacking Encryption Ransomware Insurance 115

CyberSecurity Insiders

MAY 23, 2022

A ransomware attack has led to the leak of personal information of students and staff at the Chicago Public Schools(CPS) and information is out that the incident which took place in December last year was revealed to the public on April 25th this year.

Data breaches 121

Data breaches Ransomware Identity Theft Insurance 121