Krebs on Security

MARCH 4, 2022

Part I of this series examined newly-leaked internal chats from the Conti ransomware group, and how the crime gang dealt with its own internal breaches. Conti is by far the most aggressive and profitable ransomware group in operation today. Part II explored what it’s like to be an employee of Conti’s sprawling organization.

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Ransomware Insurance Cyber Insurance Accountability 212

NetSpi Executives

APRIL 27, 2024

Table of Contents What is ransomware? Ransomware trends Ransomware prevention Ransomware detection Ransomware simulation Ransomware security terms How NetSPI can help What is ransomware? Ransomware adversaries hold the data hostage until a victim pays the ransom. How does ransomware work?

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Ransomware Cyber Insurance Backups Insurance 52

Security Affairs

JANUARY 19, 2024

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. Winter was the least active time (14.6%

Ransomware 116

Ransomware Manufacturing Retail Insurance 116

Security Affairs

APRIL 16, 2024

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. The chipmaker has 14,000 employees as of 2024.

Ransomware 105

Ransomware Manufacturing Hacking Insurance 105

SecureWorld News

AUGUST 31, 2023

The University of Michigan experienced an internet outage on August 27th that affected students, faculty, and staff across all three campuses just as the fall semester was kicking off. Students and faculty were also unable to connect to the internet on their personal devices. The outage began at approximately 1:40 p.m.

Internet 84

Internet Internet Identity Theft Insurance 84

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

Cyber Insurance 94

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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.

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Ransomware Encryption Insurance Backups 145

Krebs on Security

MARCH 2, 2023

As the maker of most consumer gizmos with a computer chip inside, China is also the source of an incredible number of low-cost Internet of Things (IoT) devices that are not only poorly secured, but are probably more accurately described as insecure by design. -based semiconductor manufacturing and research and to make the U.S.

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Cybersecurity Insurance Cyber Insurance Government 242

Security Affairs

AUGUST 9, 2021

A ransomware attack hit City of Joplin forcing the IT staff to shutdown the City computer. Finally the insurer for Joplin paid $320,000 to threat actors. A ransomware attack last month hit the City of Joplin forcing the IT staff to shut down the city’s government’s computer system to prevent the threat from spreading.

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Ransomware Insurance Internet Internet 106

CyberSecurity Insiders

JANUARY 12, 2022

First, is the news related to Medical Review Institute of America (MRIoA), an Utah based health service provider that was hit by a ransomware attack on November 9th of last year. The name of the hacking group that induced the ransomware wasn’t made public.

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Ransomware Encryption Malware Insurance 125

Malwarebytes

NOVEMBER 15, 2023

This article is based on research by Marcelo Rivero, Malwarebytes’ ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher.

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Ransomware Education Backups Cyber Insurance 95

Security Affairs

AUGUST 21, 2020

The University of Utah admitted to have paid a $457,059 ransom in order to avoid having ransomware operators leak student information online. The university did not reveal the ransomware family involved in the attack. ” According to the University, the ransomware encrypted only 0.02% of the data stored on its servers.

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Ransomware Cyber Insurance Insurance Advertising 143

Malwarebytes

MARCH 15, 2024

Following the February 21 attack on Change Healthcare , scores of people in the US have been living with the brutal, real-world effects of ransomware. There are thousands of “big game” ransomware attacks like this every year—large scale cyberattacks that can bring entire organisations to a halt. Prevent intrusions.

Healthcare 100

Healthcare Ransomware Backups Insurance 100

Krebs on Security

DECEMBER 8, 2022

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. The first centers on targeting healthcare organizations that offer consultations over the Internet and sending them booby-trapped medical records for the “patient.”

Healthcare 275

Healthcare Backups Ransomware Insurance 275

Malwarebytes

MARCH 26, 2023

Fruit and vegetable producer Dole has confirmed attackers behind its February ransomware attack accessed employee data. The company has also declined to comment when pressed for more details about the ransomware attack. Byrne adds that getting insurance in North America now is "prohibitive." It reports a $9.3B Detect intrusions.

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Ransomware Insurance Backups Media 74

eSecurity Planet

OCTOBER 5, 2021

First, we prepare a plan for the possibility, then when a ransomware attack occurs we execute the plan. To help, we break down the process into the following steps: How to Prepare for Ransomware. Ransomware Response. Simple Ransomware Recovery. How to Prepare for Ransomware. Ransomware Security.

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Ransomware Backups Insurance Cyber Insurance 130

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.

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Ransomware Insurance Backups Encryption 76

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.

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Ransomware Backups Encryption Insurance 138

CyberSecurity Insiders

DECEMBER 11, 2021

(NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

Webroot

AUGUST 27, 2021

When the Institute for Security & Technology’s Ransomware Task Force published its report on combatting ransomware this spring, the Colonial Pipeline, JBS meatpacking and Kaseya VSA attacks were still around the corner. ” -Ransomware Task Force, IST. While many of these would fall to law enforcement, U.S.

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Ransomware Backups Antivirus Security Awareness 136

Malwarebytes

FEBRUARY 19, 2023

Ransomware On February 16, 2023, MKS filed notice of a data breach after learning of the ransomware attack that resulted in sensitive employee information being made accessible to an unauthorized party. Chip equipment industry There is no good time for a ransomware attack, but this one comes with very bad timing.

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Ransomware Backups Manufacturing Marketing 92

Krebs on Security

JANUARY 6, 2020

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. VCPI) was hit by the Ryuk ransomware strain. who picked up his cell phone and said shut it off from the Internet.”

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Passwords Ransomware Password Management Malware 208

Malwarebytes

JUNE 9, 2023

This article is based on research by Marcelo Rivero, Malwarebytes' ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher. MalasLocker: The Robin Hood of ransomware?

Ransomware 87

Ransomware Education Encryption Software 87

Malwarebytes

JULY 24, 2023

The Tampa General Hospital (TGH) has promised to reach out to individuals whose information has been stolen by a ransomware group. ” While that is good news from a healthcare perspective, the ransomware operators did obtain something of value. . The Snatch ransomware added itself as a service which ran in safe mode.

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Ransomware Computers and Electronics Passwords Identity Theft 88

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Supply chain attacks, ransomware-as-a-service ecosystems, and multi-extortion tactics have all increased the volume and success rates of attacks. PYSA/Mespinoza.

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Ransomware Architecture Manufacturing Encryption 105

Malwarebytes

OCTOBER 12, 2022

In the fight against ransomware, much of the discussion revolves around prevention and response. Actually detecting the ransomware, however, is just as important to securing your business. Detection sits right between both prevention and response, and it’s a critical first defense against ransomware. Static file analysis.

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Ransomware Encryption Engineering Insurance 93

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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Ransomware Backups Software Encryption 97

Krebs on Security

JULY 19, 2021

Browse the comments on virtually any story about a ransomware attack and you will almost surely encounter the view that the victim organization could have avoided paying their extortionists if only they’d had proper data backups. “That is still somewhat rare,” Wosar said. “So you’re like, ‘Oh great.

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Backups Ransomware Encryption Insurance 349

SecureWorld News

AUGUST 21, 2020

Now you can add a ransomware attack to the list of disruptions the University is juggling. What are details of the University of Utah ransomware attack? Hackers and cybercriminals have evolved the way they use ransomware in cyberattacks. The University just shared what happened, and when, regarding the cyberattack.

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Ransomware Cyber Insurance Insurance Backups 76

Krebs on Security

JUNE 15, 2023

government agency in charge of improving the nation’s cybersecurity posture is ordering all federal agencies to take new measures to restrict access to Internet-exposed networking equipment. The directive comes amid a surge in attacks targeting previously unknown vulnerabilities in widely used security and networking appliances.

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Risk VPN Internet Internet 221

The Last Watchdog

AUGUST 15, 2019

Stunning as these two high-profile attacks were, they do not begin to convey the full scope of what a pervasive and destructive phenomenon ransomware has become – to individuals, to companies of all sizes and, lately, to poorly defended local agencies. Probing and plundering Ransomware is highly resilient and flexible.

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Ransomware Internet Internet Hacking 196

The Last Watchdog

DECEMBER 27, 2021

The Solar Winds hack demonstrated supply chain exposures; the attempted poisoning of a Tampa suburb’s water supply highlighted public utilities at risk; and the Colonial Winds ransomware attack signaled cyber extortionist rings continuing to run rampant. Ransomware has been working well for the bad guys for quite some time now.

Cybersecurity 235

Cybersecurity Ransomware Insurance B2B 235

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4

Artificial Intelligence 88

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ForAllSecure

MAY 17, 2023

Small to Medium Business are, today, the target of APTs and ransomware. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance.

Internet 40

Internet Internet Insurance Cyber Insurance 40

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »

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Insurance Cyber Risk Risk Cyber Insurance 40

Security Boulevard

MAY 12, 2022

In the early 1990s, the Internet industry needed to move packets as fast as possible because some marketing genius came up with the idea that everyone could have “Unlimited Internet Access” for $9.95 Those people belong in the Internet Hall of Fame. Truth be told, AOL made the Internet, the Internet.

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CyberSecurity Insiders

SEPTEMBER 20, 2021

In addition, workers are trained to identify ransomware attacks and business email compromise funds. Additionally, backing up your data and storing it helps you stay safe from ransomware attackers. Invest in cybersecurity insurance. Due to the fluctuating nature of cybersecurity risks, these insurance policies keep changing.

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