article thumbnail

CNA legal filings lift the curtain on a Phoenix CryptoLocker ransomware attack

Malwarebytes

Two months after fully restoring its systems, CNA Financial, the leading US insurance company that was attacked by a group using Phoenix CryptoLocker ransomware, issued a legal notice of an information security incident to the Consumer Protection Bureau in New Hampshire. Data stolen but untouched. Recovering from ransomware.

article thumbnail

How security professionals will rise to the challenge of cyber defense in 2022

CyberSecurity Insiders

Thankfully, cybersecurity professionals everywhere are working on inventing new tech and improving upon legacy technology solutions to maintain pace with these criminals who threaten our data security. Ransomware-as-a-service (RaaS) will continue to grow and become more sophisticated over the next year.

article thumbnail

ComplyAdvantage Releases 2022 State Of Financial Crime Report

CyberSecurity Insiders

The respondents represented a range of organizations across enterprise banking, investments, crypto, insurance and FinTech. The company actively identifies tens of thousands of risk events from millions of structured and unstructured data points every single day.